Darden Restaurants is closing its remaining Bahama Breeze locations, phasing out the Caribbean-themed brand. Half the sites will be converted to other Darden concepts, while the rest will close permanently this spring.
A consortium led by KKR and Singapore Telecommunications has agreed to acquire the remaining 82% stake in ST Telemedia Global Data Centres for S$6.6 billion, taking full ownership of one of Asia's largest data centre platforms. The deal, valuing STT GDC at S$13.8 billion, marks Southeast Asia's largest-ever data centre transaction and underscores the fierce competition for digital infrastructure assets.
PayPal's stock suffered its worst single-day drop in years after forecasting potential profit declines for 2026, citing consumer spending pullback and intense competition, prompting a leadership change.
Target's new policy requiring employees to greet customers within ten seconds and offer help within four feet aims to revive the human connection in retail. But the forced friendliness is drawing mixed reactions from shoppers and staff alike, highlighting the delicate balance between service and authenticity.
Australian lender Wisr Limited (ASX:WZR) is on a path to potentially post its first annual profit in 2027, according to analyst consensus, marking a pivotal shift for the fintech after years of investment and growth.
A breakdown of PRL Global Ltd.'s (ASX:PRG) shareholder registry shows a distinctive structure, with retail investors holding a dominant 40% stake, while private companies control another 32%. This ownership mix raises questions about corporate governance, stock liquidity, and the company's appeal to institutional funds.
Digital remittance firm Remitly Global reports its first full year of positive earnings per share, coupled with a nearly one-third surge in active customers. The turnaround highlights the company's growing operational strength amid a competitive fintech landscape.
A surge in Intel's stock price, driven by new AI product launches and potential foundry partnerships, contrasts with its ongoing financial losses. Analysts are divided on whether the current rally reflects genuine long-term value or speculative hype.
A last-minute agreement between victims' attorneys and the Justice Department has averted a court hearing, aiming to protect nearly 100 women whose personal information was improperly disclosed in the massive Epstein document dump. The deal follows urgent complaints that failures to redact names and details had put victims at risk.
Crucial trade preference programs for sub-Saharan Africa and Haiti have been granted a 15-month extension, retroactive to last fall, as part of the sweeping government funding bill signed into law. While industry groups welcome the move, they warn the short-term fix fails to provide the long-term certainty needed for major investments.
Chipotle Mexican Grill's Q4 earnings reveal a troubling decline in comparable sales and tepid 2026 outlook, casting doubt on its premium market valuation as consumer visits drop.
As LVMH navigates a shifting luxury landscape marked by softer demand in China, the group is placing a strategic bet on a renewed Dior to drive its fashion and leather goods division forward. This management and creative reset comes at a pivotal moment for the world's largest luxury conglomerate.
IOI Corporation Berhad's shares have dipped 1.7% over the past quarter, with lackluster financial fundamentals—particularly a modest Return on Equity and flat earnings growth—casting doubt on its near-term trajectory. Analysts point to high dividend payouts as a potential growth inhibitor.
Dollar General (DG) is witnessing a significant resurgence, driven by stronger-than-expected fourth-quarter performance marked by robust same-store sales and expanding margins. Investor optimism is reflected in a dramatic 90-day share price surge, though long-term returns tell a more complex story.
STERIS plc (NYSE: STE) shares have climbed nearly 8% over the last quarter, extending a multi-year rally for the infection prevention specialist. With the stock trading below some intrinsic value estimates but at a premium industry multiple, investors are weighing whether its growth trajectory justifies the price.
Gold prices stabilized near $4,950 an ounce after a sharp rebound, as bargain hunters moved in following last week's dramatic sell-off. Despite remaining below its late-January peak, the metal has posted strong gains for the year, with analysts debating the sustainability of the recovery amid elevated volatility.
Stockholders of Golub Capital BDC and affiliated funds have re-elected key directors and ratified Ernst & Young as auditor for the 2026 fiscal year, following a series of virtual annual meetings that underscored the firm's governance continuity amid a shifting private credit landscape.
California wildlife officials have granted final approval for a ground-based operation to remove invasive mule deer from Catalina Island, a significant revision from earlier, widely criticized proposals involving helicopter sharpshooters.
While Novo Nordisk and Eli Lilly dominate the booming obesity drug market, clinical-stage biotech Viking Therapeutics is emerging as a speculative but potentially transformative investment for those willing to embrace risk.
Despite a steady rise in earnings per share, Genting Plantations Berhad (KLSE:GENP) has seen its share price plummet 46% over the past five years, leaving long-term shareholders questioning their holdings. We delve into the disconnect between performance and market sentiment.
