The Southern-themed chain implements cost-cutting measures, requiring staff to primarily dine at its own restaurants and cover alcohol expenses during business travel, as it navigates financial headwinds and recent brand missteps.
The logistics giant's surface transportation unit posted a 6.6% profit increase driven by higher truckload volumes, offering a bright spot as overall quarterly revenue declined due to divestitures and softer ocean freight markets.
Baird raises Caterpillar's price target to $805, citing robust order backlogs and earnings visibility fueled by surging demand for power systems from data centers and AI infrastructure.
A recent SEC filing reveals Wilson Asset Management's new stake in SiteOne Landscape Supply, a strategic wager on the company's unrivaled scale and consolidation potential in a highly fragmented industry.
The Walt Disney Company has named Josh D’Amaro, the executive behind its lucrative parks and cruises division, as its next chief executive. The move seeks to solidify leadership after Bob Iger's return from a failed succession plan, placing a seasoned operations leader at the helm of the global entertainment giant.
Once a high-flying growth engine, Apple's stock performance has settled into a pace that matches the S&P 500 over the last half-decade, raising questions about its future innovation trajectory in the age of AI.
From timing the market to targeting emerging neighborhoods, the investment mogul shares her hard-earned wisdom on building wealth through property.
Steve Hafner, the co-founder who led Kayak from startup to a $2.1 billion acquisition, is replaced as CEO by CFO Peer Bueller. The leadership change comes as the metasearch pioneer faces headwinds from Google and generative AI.
Amazon has filed official notice of plans to cut 2,200 corporate roles in Seattle, continuing a trend that is visibly reshaping its historic headquarters footprint. The move comes despite strong recent financial performance and bullish analyst ratings, highlighting the company's intensified focus on cost efficiency and automation.
VML's 'Future 100' report identifies key trends for 2026, highlighting a consumer mood of 'dysoptimism' and the need for brands to master blended realities, micro-content, and value-driven engagement in a complex economic and technological landscape.
The telehealth platform's landmark valuation signals a pivotal shift for the historically underfunded women's health sector, as it scales specialized care for menopause and beyond.
Automated retail chain VenHub began trading on the Nasdaq in January via a direct listing, as it taps a former Amazon Web Services executive to spearhead a major North American rollout of its unstaffed 'Smart Stores'.
Erste Group has revised its rating on water and hygiene giant Ecolab Inc. (NYSE: ECL) from 'Buy' to 'Hold', signaling limited upside at current prices. The move comes despite Ecolab's recent strategic acquisition aimed at capturing growth in the semiconductor and AI infrastructure markets.
Wilson Asset Management has liquidated its entire $4.16 million stake in BellRing Brands, the protein shake maker, following a near 70% decline in the company's share price over the past year. The exit highlights growing investor concern over margin compression and leadership transition.
Convenience store chain Spinx is deploying Tote AI's integrated platform across all locations, aiming to unify operations, enhance foodservice tech, and modernize point-of-sale systems for deeper data insights and future agility.
UBS has downgraded steel giant Nucor to Neutral, acknowledging its powerful pricing-driven rally but questioning its near-term upside. The move follows mixed Q4 results, highlighting the complex dynamics between tariffs, contracts, and spot prices in the steel sector.
As generative AI tools become go-to sources for financial queries, GOBankingRates put their forecasting skills to the test. We compare their inflation predictions with expert analysis to see where the algorithms align with reality—and where they miss crucial context.
Marzetti expands its flavor footprint with the strategic purchase of the fast-growing Japanese-American sauce brand Bachan's, aiming to capitalize on consumer demand for global and premium products.
US private equity giant Advent International is set to acquire a 14.3% stake in Aditya Birla Housing Finance Ltd. in a deal valuing the investment at $304 million, pending regulatory and shareholder approvals.
The New England utility giant outlines a massive five-year investment plan to modernize its grid, supporting its 26-year dividend growth record and positioning for steady, regulated returns amid a strategic shift away from offshore wind.
