The tax preparation giant appoints three new directors with deep experience in consumer sectors as its shares trade near 52-week lows, signaling a strategic pivot to revitalize growth and address investor concerns over valuation and debt.
Monolithic Power Systems (MPWR) is capitalizing on surging demand from AI data centers and the automotive sector, with both segments now forming a larger part of its revenue mix. The company is also rewarding shareholders through significant buybacks and a dividend hike, signaling confidence in its financial health and growth trajectory.
Darden Restaurants announces the phased closure of all 28 remaining Bahama Breeze locations, with Florida's 15 outposts slated for shutdown or conversion by 2026, marking the end of an era for the Caribbean-themed chain.
The killing of Muammar Gaddafi's son eliminates a symbolic, if controversial, alternative to the country's entrenched rival administrations, potentially consolidating the existing power duopoly and deepening political stagnation, analysts suggest.
Lawmaker Ahmed Saidani was arrested Wednesday, colleagues confirm, amid a widening campaign against dissent targeting critics of President Kais Saied's administration.
Aerospace supplier TransDigm Group kicked off fiscal 2026 with robust earnings, exceeding expectations and raising its full-year guidance. The company also announced a flurry of acquisitions totaling over $3.2 billion, signaling aggressive growth in proprietary aerospace components and aftermarket parts.
TransDigm Group concluded fiscal 2024 with robust cash reserves nearing $6.3 billion, powered by high-margin aftermarket revenues. While navigating Boeing strike impacts and a slower OEM recovery, the aerospace supplier projects steady growth for 2025 and signals continued aggressive capital deployment for acquisitions and shareholder returns.
Darden Restaurants, the parent company of Olive Garden and LongHorn Steakhouse, is closing all 28 Bahama Breeze locations. While 14 restaurants will be converted to other brands in its portfolio, the move marks the end of the tropical-themed casual dining chain.
Aerospace components giant TransDigm Group reported robust second-quarter earnings, buoyed by a resilient aftermarket and defense growth, while announcing the planned retirement of CEO Kevin Stein and the internal promotion of Mike Lisman to succeed him.
As the AI investment cycle accelerates toward an estimated $10 trillion, industry analysts highlight semiconductor leaders Nvidia and TSMC as critical, value-priced holdings for the coming years.
Heather Schimmers, President of Emplify Health, has been appointed to oversee the integrated healthcare provider's operations in both Green Bay and La Crosse, following the retirement of former Green Bay leader Chris Woleske.
Aerospace supplier TransDigm Group reported robust third-quarter earnings, with EBITDA margins exceeding 54%, despite temporary softness in its commercial OEM segment. Outgoing CEO Kevin Stein reflected on his tenure ahead of his September retirement, expressing confidence in successor Mike Lisman as the company updates its full-year guidance.
The recently enacted One Big Beautiful Bill Act marks the most significant overhaul of health savings and flexible spending accounts in years. We break down the key changes—from expanded eligibility to higher contribution limits—and what they mean for employers and employees navigating rising care costs.
A new tax deduction for auto loan interest in 2025 offers relief for buyers, but strict domestic assembly rules mean many popular models won't qualify. Here's a breakdown of the fine print and its market implications.
Despite a challenging macroeconomic backdrop for the furniture industry, Flexsteel Industries reports robust Q1 FY2025 results, with sales up nearly 10% and operating margins expanding significantly. The company credits its growth to strategic product launches and targeted retail partnerships.
The U.S. dollar found modest support Wednesday following the resolution of a partial government shutdown and amid stock market weakness. However, gains were capped by a soft private payrolls report, while longer-term concerns over fiscal policy and interest rate differentials continue to cloud the currency's outlook.
Nintendo reports record console sales but faces mounting pressure from rising component prices and tariffs, with President Shuntaro Furukawa signaling potential impacts on future profitability.
Prime Minister Donald Tusk announces a dedicated state team to investigate potential trafficking of Polish minors by the Jeffrey Epstein network and examine alleged links to Russian intelligence, warning of ongoing security threats.
U.S. Immigration and Customs Enforcement officers drew their firearms during a tense standoff with protesters attempting to obstruct a federal enforcement operation in Minneapolis, leading to an arrest and allowing a targeted suspect to evade capture.
New NYPD data reveals a stark divergence in public safety trends: while shootings and murders hit record lows in January, antisemitic incidents nearly tripled, accounting for over half of all reported hate crimes.
