A Lantana homeowner's struggle with six-figure fines for parking on her own grass and minor property issues has reached a legal dead end, reigniting debates over municipal revenue practices and constitutional protections against excessive penalties.
An Alabama mother and her two children, who were under a final deportation order, have disappeared from their home amid disturbing evidence of a struggle, leaving investigators and the community searching for answers.
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.
Blockchain intelligence firm TRM Labs has joined the unicorn club with a $70 million Series C funding round led by Blockchain Capital, valuing the company at $1 billion. The investment underscores growing demand for crypto transaction monitoring as global regulators tighten oversight and illicit activity reaches record levels.
AI chip challenger Cerebras Systems has nearly tripled its valuation in just over four months, raising $1 billion in a late-stage round led by Tiger Global. The massive funding underscores the fierce competition and strategic maneuvering in the high-stakes AI infrastructure sector.
Automotive seating giant Adient plc kicked off its fiscal 2026 with a resilient performance, overcoming supply chain disruptions to post a 4% revenue increase. The company raised its annual guidance, citing a robust pipeline of onshoring opportunities in the Americas and strong growth in China.
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.
Darden Restaurants is shuttering its Bahama Breeze brand nationwide this spring, impacting both Georgia locations. The Duluth restaurant will close permanently, while Kennesaw will be converted to another concept within the company's portfolio.
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.
In a strategic shift following a challenging 2025, Six Flags announces a major overhaul of its annual pass program, granting Gold passholders access to multiple parks within designated regions at a temporarily reduced price.
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.
Palantir Technologies smashed Q4 earnings estimates, but CEO Alex Karp's focus on 'inexplicable' revenue growth over customer growth reveals a pivotal shift in its enterprise AI playbook, sending shares soaring.
In a candid industry forecast, Volvo's outgoing CEO Håkan Samuelsson states that manufacturing efficiencies and falling battery costs will make EVs cheaper to produce than internal combustion vehicles within five years, a shift that could redefine auto market dynamics.
The Department of Homeland Security has publicly criticized Los Angeles station KTLA for what it calls 'dishonest reporting' on a Border Patrol operation near a Methodist church, alleging the outlet omitted key context. The incident highlights ongoing tensions between federal agencies and media coverage of immigration enforcement.
A U.S. government attorney detailed to handle a surge of immigration cases in Minnesota has been removed from her assignment after telling a federal judge 'this job sucks' and citing systemic failures in complying with court orders, a Reuters source confirms.
JPMorgan Private Bank's Stephen Parker argues the recent software-driven market volatility represents a constructive shift, with capital flowing into undervalued cyclical and international opportunities.
In a sweeping restructuring, The Washington Post has eliminated hundreds of positions and closed several departments, including its storied Sports and Books desks, as the Jeff Bezos-owned publication grapples with financial pressures.
The late Vanguard founder John Bogle's principles for steady, long-term wealth creation remain accessible to investors of all sizes. We break down how to apply his focus on earnings growth and clarity over high yield to construct a resilient starter portfolio.
Leading British banks, including Barclays and HSBC, are reversing course and increasing mortgage costs as market expectations shift towards fewer interest rate cuts in 2024, with the Bank of England widely expected to hold its base rate at 3.75%.
Despite industry headwinds, Lear Corporation (LEA) reported a resilient fourth quarter, marked by record contract wins and a strategic focus on automation and innovation that is setting the stage for margin expansion and shareholder returns in the coming year.
