Olive Garden is still a hit with pasta lovers
Olive Garden has done it again.
Darden Restaurants, the owner of the popular Italian restaurant chain, reported sales and earnings Tuesday that topped forecasts. It also raised its outlook...
Amazon’s corporate bulldozer is fueled by Wall Street
Amazon is a wrecking ball. It has bankrupted bookstores, crippled clothing stores, shaken the grocery industry and turned strip malls into ghost towns.
It does all this while barely...
‘Child care deserts’ are leaving rural parents with few options
Brinkley Chitwood had her son at a difficult time.
A large, well-regarded day care in her town of Hazard, Kentucky had just shut down, yet another victim of the...
New tax code will still be complicated despite GOP promise to simplify
President Trump said H&R Block would go out of business because his tax overhaul would be so simple.
But the plan Republicans and Trump came up with almost certainly...
Uber accused of espionage, hacking and bribery in bombshell letter
Uber spied on and bribed foreign officials, infiltrated private chat groups, stole trade secrets, and abused secret messaging apps and attorney-client privilege to obstruct government investigations, according to...
Facebook worries it might be bad for you, adds a mute button
Facebook knows what people think of its effect on mental health.
Some worry it contributes to depression, short attention spans or low self-esteem. That it's a time-suck, a distraction...
Airbnb makes gains in its quest for more diversity
Airbnb wants to live up to its motto, "Belong anywhere."
The company's latest diversity report shows small but important progress in the makeup of its workforce. Airbnb says that...
Ryanair brings labor unions on board to avoid holiday strike
Europe's biggest airline is trying to avert holiday strikes by offering to recognize pilot unions for the first time.
In a major policy reversal, Ryanair said it was willing...
Stores may be in trouble, but people are spending like mad
Stores are closing at an unprecedented pace. Retailers are going bankrupt. Malls are slowly being abandoned.
But don't misunderstand what's happening. Physical stores are struggling -- an understatement --...
GE has a fossil fuels problem
General Electric has a long history of disrupting the industrial landscape through breakthrough technologies like the jet engine and the light bulb. Today, GE is the one being...
Facebook to put ads before (some) videos
The next time you open Facebook to watch a video of cute kids trying British food, or an educational explanation about what happens when you hold your pee,...
For many, the rent is still too damn high
Millions of Americans can't afford their rent.
Nearly half of all renter households -- almost 21 million -- were considered cost-burdened in 2016, according to a new report from...
Rupert Murdoch’s media legacy takes a U-turn
When Peter Chernin was running Twentieth Century Fox, he was asked at an industry conference how he saw the company's future. "A lot of Murdochs," he quipped.
Indeed, mogul...
Federal Reserve, buoyed by stronger economy, lifts rates again
The Federal Reserve on Wednesday raised interest rates one notch higher as the U.S. economy continues to get healthier.
The rate hike, which was widely expected, was the third...
Stocks hit record highs on tax bill hopes
The Dow hit a new record high and moved closer to 25,000 Wednesday following numerous reports that Congressional leaders reached a tax overhaul deal.
The Dow, which opened the...
Tax reform still playing out and the dark cloud looming over the job market
The countdown to the New Year has begun, and lawmakers on Capitol Hill have been busy trying to reconcile their tax reform proposals. The changes could have big...
New step for Bitcoin’s wild ride: Futures trading
For more than four decades, the Chicago Board Options Exchange has allowed investors to place their bets on commodities from corn to steel.
On Sunday, the exchange began offering...
CNN corrects story on email to Trumps about Wikileaks
CNN on Friday afternoon corrected an exclusive report that said candidate Donald Trump and his son Donald Trump Jr. had received an email providing a web address and decryption key...
Will the next iPhone charge wirelessly?
You may never have to plug in your iPhone again.
Apple has joined an industry group devoted to wireless charging, strengthening existing rumors that the next iPhone will charge...
How ‘America First’ could turn into to ‘India First’
America is great because of its willingness to accept talented immigrants.
That's what Nandan Nilekani, the billionaire co-founder of Infosys Technologies, would tell President Trump if he had the...
Mexico ready to retaliate by hurting US farmers
Mexico is ready to hit the U.S. where it hurts: Corn.
Mexico is one of the top buyers of American corn in the world today. And Mexican senator Armando...
Stocks hit record again. Is Trump the reason?
The Dow, S&P 500, Nasdaq and Russell 2000 each hit new all-time highs Monday.
Investors are giddy with excitement and they clearly believe that both big blue chip multinationals...
Apple stock nears record high
Apple has found its groove again.
The iPhone maker's stock hit $133.82 in early trading Monday, putting Apple less than $1 away from its intraday trading high of $134.54,...
America’s NAFTA nemesis: Canada, not Mexico
America and Canada have one of the world's biggest trade relationships.
President Donald Trump met for the first time Monday with Canada's Prime Minister Justin Trudeau. "We have a...
Verizon’s plan: Consumers win, investors lose
Verizon has brought back its unlimited data plan. That's great if you're a Verizon customer. But it is terrible news for its investors.
Verizon (VZ) stock fell nearly 1.5%...
Tesla will sell electric cars in the Middle East
Tesla is bringing its electric cars to the heart of the oil producing world.
The automaker announced Monday that its first official venture in the Middle East will be...
Trump brand takes another hit
Nordstrom. Neiman Marcus. TJ Maxx. And now, Sears and Kmart.
Sears Holdings, the company that owns retail stores Sears and Kmart, reportedly said this weekend that it would remove...
Swiss voters reject corporate tax overhaul
Voters in Switzerland have shocked the political establishment by rejecting a reform plan that would have brought the country's corporate tax system in line with international norms.
The tax...
Oil prices have doubled in a year. Here’s why
It's a good day for OPEC.
Data published Monday by the oil cartel show its members have largely complied with an agreement to slash production. The confirmation caps a...
Indian rival slams Uber’s business model
Uber's top rival in India has some unsolicited advice for the U.S. startup: Go local.
"They have a very cookie-cutter approach in terms of what the model is and...
