Murdoch will exit roles atop News Corp and Fox in November and will be appointed chairman…
Tag: Earnings
Olive Garden parent Darden Restaurants beats earnings estimates, despite weak fine-dining sales
A customer carries an Olive Garden shopping bag in Pittsburg, California, US, on Friday, Dec. 9,…
Amazon Tries to Give Hardware an AI Shine
Generative AI is coming to Alexa devices, but AWS will prove to be the real battleground.
Talks Resume in Detroit Amid Threat of Expanding Strike
Wages remain focal point, and investors already are sizing up the potential hits to the automakers’…
China’s Moutai Wants to Satisfy All Your Cravings
The company is diversifying from liquor into chocolates and other goodies. The new offerings might not…
San Francisco Office Market Shows Signs of Life
Sales are slowly materializing as some sellers are finally accepting much lower prices.
The Tech Trade Is Showing Cracks. Higher Rates for Longer Spell More Trouble.
Technology stocks have powered the 2023 market rally—and become increasingly expensive in the process.
UAW Strike Exposes Detroit’s Dysfunction
GM, Ford and Stellantis can afford a much bigger walkout than the United Auto Workers union…