Darden Restaurants, a major player in the dining industry, disclosed its quarterly earnings on Thursday, revealing results that fell short of analysts’ expectations. The figures for the quarter ending on August 25 indicate a concerning trend, particularly within their flagship chain, Olive Garden, and the fine dining segment, which includes brands like Eddie V’s and
Business
The Women’s National Basketball Association (WNBA) has taken a bold and significant step by announcing the addition of its 15th franchise in Portland, Oregon. Slated to begin play in 2026, this development marks a pivotal point in the league’s ongoing expansion. The Portland team, which remains unnamed as of yet, will be owned by RAJ
The rise of fintech companies has revolutionized the banking sector, offering consumers innovative solutions and easier access to financial services. However, incidents like the recent collapse of the tech firm Synapse have raised significant concerns about the security and management of customer funds. With thousands of Americans locked out of their accounts following this failure,
In a notable development, the United Auto Workers (UAW) union has escalated its conflict with Stellantis by filing unfair labor practice charges at the federal level. This move reflects ongoing frustrations within the union over perceived violations of contract terms, specifically concerning the production of the Dodge Durango. The filings come on the heels of
In an era where traditional television is increasingly challenged by streaming services, the recent deal between DirecTV and Disney represents a crucial moment for both companies in the fight for audience retention. After a two-week blackout that kept DirecTV’s 11 million subscribers from access to essential programming, including college football and the Emmy Awards, the
Cancer cachexia is a debilitating condition that impacts a significant number of cancer patients, often compromising their quality of life and survival outcomes. Recent advancements unveiled by Pfizer regarding a monoclonal antibody treatment, ponsegromab, offer much hope in the field of oncology. The drug has shown encouraging results in a midstage trial, drawing attention from
As the aviation giant Boeing prepares for a critical labor vote, the future of its workforce hangs in the balance. Workers are casting their ballots on a new labor contract that could mark not only a significant shift in their employment terms but also set the stage for a potentially disruptive strike. This vote, initiated
The automotive giant Stellantis is facing a tumultuous phase, sparked by an open letter from Kevin Farrish, the head of Stellantis’ U.S. dealer council. The corporate landscape is now marred by accusations aimed at CEO Carlos Tavares regarding strategic mismanagement and declining sales figures across the company’s brands, including Chrysler, Dodge, Jeep, and Ram. This
Southwest Airlines, a major player in the U.S. airline industry, is undergoing significant changes as executive chairman and former CEO Gary Kelly announces his retirement next year. With nearly four decades of experience at the company, Kelly has been a key figure since the retirement of the carrier’s co-founder, Herb Kelleher, in 2008. This departure
The National Football League’s foray into the world of streaming has proven to be a successful strategy in expanding its fanbase both in the United States and globally. Hans Schroeder, the NFL’s executive vice president of media distribution, highlighted the league’s exclusive streaming deals with various media companies as a key component in the growth