Leaked internal memo reveals Cracker Barrel is requiring employees to eat primarily at its own restaurants during business trips, while also curtailing travel and alcohol reimbursements, as the chain grapples with financial pressures and fallout from a controversial rebrand.
Saks Off 5th is closing the majority of its stores, including two in New York's Lower Hudson Valley, as parent company Saks Global Enterprises pivots to focus on its core luxury retail business. The move follows recent leadership changes and a major financial restructuring.
Shares of Universal Technical Institute (UTI) have climbed nearly 17% in a month, reigniting the debate over its valuation. With revenue topping $835 million and a five-year return of over 350%, investors are weighing strong performance against premium multiples.
Shares of the thrift retail chain have rebounded sharply in recent weeks, but a closer look at key valuation metrics reveals a complex picture. While a discounted cash flow model suggests significant upside, its price-to-sales ratio tells a more cautious story, leaving investors to question the stock's true fair value.
PayPal shares plummeted over 18% after the company posted disappointing fourth-quarter results, issued a downbeat profit forecast, and announced Enrique Lores as its incoming CEO, replacing interim leadership.
While customers see the final performance, restaurateurs navigate a relentless backstage of razor-thin margins, staffing crises, and external pressures. Insights from operators across the globe reveal the complex reality behind a full dining room.
As tax season opens, the U.S. Treasury Department forecasts significantly larger refunds for the majority of American households, citing recent tax code changes including enhanced child credits and a doubled standard deduction.
Despite a challenging year that saw its stock lag the broader market, Blackstone retains a cautiously optimistic 'Moderate Buy' consensus from analysts, who see significant upside potential even as expense pressures mount.
Advanced Micro Devices prepares to close its fiscal year with quarterly results that will test Wall Street's confidence in its ambitious AI-driven growth strategy, amid competitive and geopolitical headwinds.
The Walt Disney Company and Chase launch a new $149-annual-fee credit card, offering accelerated rewards and exclusive perks tailored for frequent park-goers and Disney vacation planners.
Despite recent market turbulence, NRG Energy's stock has surged over 45% in the past year, significantly outpacing major indices. Analysts maintain a cautiously optimistic stance, buoyed by strategic acquisitions and strong earnings, even as some near-term volatility gives investors pause.
Early clinical results for Pfizer's acquired obesity drug PF-3944 show it may fall short of the high bar set by market leaders, raising questions about its competitive edge in the lucrative weight-loss market.
Somaliland's President tells Reuters he anticipates a swift trade agreement with Israel, the first nation to recognize its independence, with critical minerals like lithium on the table in exchange for technology and investment.
French prosecutors have urged an appeals court to confirm a ruling that found far-right officials guilty of misusing EU funds, a decision that could bar Marine Le Pen from next year's presidential race.
Polish Prime Minister Donald Tusk has called for an investigation into Jeffrey Epstein's alleged ties to Russian intelligence, suggesting the sex-trafficking network may have been a 'kompromat' operation targeting Western elites.
Israeli Prime Minister Benjamin Netanyahu convened with senior U.S. diplomat Steve Witkoff and top Israeli security officials on Tuesday, as Washington and Tehran prepare for a critical round of nuclear negotiations in Turkey this Friday.
French cybercrime prosecutors searched X's Paris headquarters, expanding an investigation into Grok AI over alleged deepfake pornography, Holocaust denial, and data violations. The probe coincides with regulatory actions in Britain and the EU.
NATO's military command has begun planning an 'Arctic Sentry' surveillance mission as U.S.-European tensions over Greenland's future strain alliance unity, officials confirmed Tuesday.
A middle school art teacher in southern France is fighting for her life after being stabbed multiple times by a teenage pupil during a lesson, reigniting national debates on school safety and youth violence.
Bill Stevenson, the 77-year-old former spouse of Dr. Jill Biden, has been formally charged with first-degree murder in the death of his wife Linda, following a grand jury indictment. The case stems from a late December domestic incident at their New Castle County residence.
