Gartner IT

Business

FAT Brands' Bankruptcy Triggers Second Wave of Smokey Bones Closures, Accelerating Shift to Twin Peaks

Amid Chapter 11 proceedings, FAT Brands and its affiliate Twin Hospitality are shuttering an additional 14 Smokey Bones BBQ restaurants nationwide. The move follows earlier closures and conversions, highlighting a strategic pivot toward the more profitable Twin Peaks sports bar concept as the parent company restructures.

Jan 30, 2026

Business

Saks OFF 5TH Slashes Store Footprint, Closing Dozens of Outlets in Bankruptcy Restructuring

Saks Global, the parent of luxury retailers Saks Fifth Avenue and Neiman Marcus, will shutter the vast majority of its Saks OFF 5TH off-price stores and all Last Call locations, marking a dramatic retreat from the discount luxury sector as it navigates Chapter 11.

Jan 30, 2026

World

Costa Rica's New Leader Seeks Bukele's Blueprint to Combat Surging Narco-Violence

President-elect Laura Fernandez turns to El Salvador's controversial leader Nayib Bukele for guidance, signaling a hardline shift in tackling Costa Rica's escalating drug trade violence, including plans for a Bukele-style mega-prison.

Feb 2, 2026

Business

Analysts Flag Potential 50% Undervaluation in Nine Entertainment Amid Media Sector Shake-up

A new discounted cash flow analysis suggests Nine Entertainment Co. Holdings' shares could be trading at half their intrinsic value, sparking debate among investors about the true worth of the Australian media giant in a challenging advertising landscape.

Feb 2, 2026

Business

MGIC Investment's Q4 Revenue Falls Short of Estimates as Mortgage Market Headwinds Persist

Mortgage insurance provider MGIC Investment Corp. (NYSE: MTG) reported fourth-quarter revenue that missed analyst expectations, highlighting challenges in a cooling housing market. While earnings per share met consensus, flat year-over-year sales growth disappointed investors.

Feb 2, 2026

US

Newly Unsealed Files: FBI Source Alleges Epstein Acted as Putin's Offshore Wealth Manager

Freshly released court documents include FBI testimony from a confidential source claiming the late financier Jeffrey Epstein managed hidden assets for Russian President Vladimir Putin and other powerful figures, shedding new light on his shadowy financial network.

Feb 2, 2026

Trump Pressures House GOP to Back His Shutdown Deal Amid Conservative Revolt

President Trump urges immediate House passage of a bipartisan spending deal to end the government shutdown, facing resistance from both progressive Democrats and his own party's right flank over immigration enforcement terms.

Feb 2, 2026

IRS Confirms Tax-Free Status of $1,776 'Warrior Dividend' for 1.5 Million Service Members

The Internal Revenue Service has officially designated a one-time $1,776 payment to approximately 1.5 million U.S. service members as non-taxable income, providing a financial boost that does not need to be reported on federal returns.

Feb 2, 2026

Government Shutdown Disrupts Key Economic Data, Delays January Jobs Report

The Bureau of Labor Statistics has postponed the release of January's crucial employment data due to a partial government shutdown, leaving markets and policymakers in the dark as a funding impasse in Congress continues.

Feb 2, 2026

Business

A Personal Mission: CEO Ray Blanchette Bets on Nostalgia and Innovation to Revive TGI Fridays

After a tumultuous period of bankruptcy and closures, TGI Fridays CEO Ray Blanchette is steering a deeply personal turnaround. Early results from holiday pop-ups and a revamped brand voice show promise, but the road to 1,000 restaurants remains steep.

Feb 2, 2026

US

Medical Examiner Rules Death of VA Nurse Alex Pretti a Homicide, Fueling Scrutiny of Federal Agents' Actions

The Hennepin County Medical Examiner has officially classified the January shooting death of ICU nurse Alex Pretti as a homicide, a finding that intensifies legal and public pressure on the federal agents involved amid ongoing protests and disputed official narratives.

Feb 2, 2026

Business

Dream Job vs. Underwater Mortgage: Florida Software Engineer Weighs $70K Loss for Career Change

A high-earning Orlando software engineer faces a stark choice: pursue a lifelong dream in federal law enforcement at a major pay cut and a significant real estate loss, or stay put in a lucrative tech career. His story highlights the personal costs behind shifting housing markets and career pivots.

Feb 2, 2026

Business

PlayStudios Shares Tumble as Google's AI 'Project Genie' Rattles Gaming Sector

Shares of PlayStudios fell sharply amid a broad gaming stock sell-off triggered by Google's unveiling of a real-time 3D world-generating AI, raising fears of industry disruption.

Feb 2, 2026

US

Allred Fires Back at Talarico Over Alleged 'Mediocre Black Man' Remark in Texas Primary Spat

Former Congressman Colin Allred delivers a pointed public rebuke of Texas House member James Talarico, alleging derogatory comments were made during the heated Democratic Senate primary campaign.

Feb 2, 2026

Business

Shopify Shares Test Key Technical Support, Historical Data Points to Potential Rebound

After a sharp January sell-off, Shopify's stock is hovering near a significant long-term trendline—a level that has preceded notable rallies in the past.

Feb 2, 2026

Business

Cramer's Salesforce Praise Meets Market Skepticism: A Tale of Two Software Giants

CNBC's Jim Cramer lauds Salesforce's operational strength, yet the stock, alongside peer ServiceNow, faces persistent 'multiple compression' as Wall Street reevaluates growth expectations for mature software leaders.

Feb 2, 2026

Business

Winter Storm Gianna Deepens Supply Chain Crisis in Southeast, Following Fern's Widespread Disruption

A second major winter storm in as many weeks has crippled logistics across the Southeast, leading to massive service suspensions, a deadly 100-car pileup, and worsening a freight backlog that saw volumes plummet over 55%.

Feb 2, 2026

Business

Tesla Shares Slide as Musk-Epstein Email Exchange Emerges in Court Documents

Newly unsealed correspondence contradicts CEO's prior statements, sparking investor concern amid broader challenges for the electric vehicle maker.

Feb 2, 2026

World

Government Shutdown Disrupts Economic Calendar: Key January Jobs Report Delayed

The latest partial government shutdown has forced a delay in the highly anticipated January employment data, marking a recurring disruption to the nation's economic indicators and leaving markets and policymakers in the dark.

Feb 2, 2026

US

WSJ Investigation: UAE Royal's $500 Million Stake in Trump Firm Preceded AI Chip Access Approval

A Wall Street Journal report reveals a major investment by UAE's Sheikh Tahnoon bin Zayed Al Nahyan in a Trump-linked cryptocurrency company days before the 2024 inauguration, followed by a reversal of U.S. policy on advanced AI chip exports to the UAE.

Feb 2, 2026