Tag: Business news

ntel-ceos-abrupt-exit-deepens-company-troubles

Intel CEO’s Abrupt Exit Deepens Company Troubles

When Pat GELSINGER took over as Intel’s chief executive in 2021, he brought with him a sense of urgency reminiscent of his mentor, Andy Grove, the former head of the chipmaker known for his...
fedex-announces-spin-off-of-freight-business

FedEx Announces Spin-Off of Freight Business

FedEx Announces Spin-Off of Freight BusinessFedEx, the global shipping giant, has recently made a groundbreaking announcement regarding a significant change in its business structure. The company has revealed plans to spin off its freight...
darden-restaurants-stock-surges-thanks-to-olive-garden-and-longhorn-steakhouse-sales-growth

Darden Restaurants Stock Surges Thanks to Olive Garden and LongHorn Steakhouse Sales Growth

Darden Restaurants Stock Surges Thanks to Olive Garden and LongHorn Steakhouse Sales GrowthDarden Restaurants experienced a significant boost in stock value due to impressive sales growth at two of its major chains, Olive Garden...
mplications-of-trumps-antitrust-enforcers-on-business

Implications of Trump’s Antitrust Enforcers on Business

Trump's Antitrust Enforcers Shake Up Business LandscapeIn a surprising turn of events, Donald Trump's election victory has sent shockwaves through the business world, particularly on Wall Street. The impact of his win has not...
bombas-appoints-former-under-armour-exec-as-ceo-in-expansion-move

Bombas Appoints Former Under Armour Exec as CEO in Expansion Move

Bombas socks were spotted at a Shark Tank event in Skylark, New York City. David Heath, the founder of Bombas, is stepping down from his position as CEO as the company looks to expand...
mcdonalds-us-same-store-sales-decline-whats-next

McDonald’s U.S. Same-Store Sales Decline: What’s Next?

The logo of McDonald's (MCD) can be spotted in sunny Los Angeles, California. So, like, McDonald's had a bit of a rollercoaster ride in its recent quarterly results. The U.S. same-store sales took a...
understanding-complaints-planet-moneys-learning-journey

Understanding Complaints: Planet Money’s Learning Journey

So, like, we're here to, like, talk about some stuff that's been bugging us at Planet Money, you know? We're a group of peeps with different interests and vibes, but we all have one...
starbucks-stock-drops-due-to-disappointing-sales-and-earnings

Starbucks Stock Drops Due to Disappointing Sales and Earnings

So, like, there was this dude walking down the street in Sacramento, California, right? And get this, he's holding a Starbucks cup. I mean, who would've thought? It's April 28, 2025, and this guy...
automakers-granted-one-month-tariff-exemption-by-trump

Automakers Granted One-Month Tariff Exemption by Trump

President Trump has recently announced a one-month exemption from his newly implemented tariffs on imports from Mexico and Canada for American automakers. This decision comes amidst growing concerns that the ongoing trade war may...
elon-musks-974-billion-bid-for-opena-rejected-by-board

Elon Musk’s $97.4 Billion Bid for OpenAI Rejected by Board

Elon Musk's Ambitious Bid for OpenAI Faces Rejection by BoardIn a bold move that has sent shockwaves through the tech industry, billionaire entrepreneur Elon Musk made a staggering $97.4 billion bid to acquire OpenAI,...
elon-musks-97bn-offer-mpacting-sam-altmans-opena

Elon Musk’s $97bn Offer Impacting Sam Altman’s OpenAI

Elon Musk's Bold Move Shakes Up OpenAI's FutureIn the bustling tech world, a groundbreaking $97 billion buyout offer usually spells success and celebration for any startup. However, when it comes to OpenAI, a unique...
elon-musks-opena-creates-legal-maze-and-nvestor-uncertainty

Elon Musk’s OpenAI Creates Legal Maze and Investor Uncertainty

Elon Musk's OpenAI Creates Legal Maze and Investor UncertaintyAmidst the ever-evolving landscape of technology and artificial intelligence, a notable figure has emerged as a pioneer in the field—Elon Musk. His brainchild, OpenAI, has garnered...