Author: Editor

An Olive Garden restaurant in Milpitas, California, US, on Tuesday, Dec. 16, 2025. David Paul Morris | Bloomberg | Getty ImagesDarden Restaurants on Thursday reported mixed quarterly results as same-store sales growth at the company’s fine-dining restaurants and Olive Garden fell short of expectations.The company’s forecast for its fiscal 2027 earnings and revenue also came on the lower end of Wall Street’s projections.Shares of the company slid more than 3% in premarket trading.Here’s what the company reported for its fiscal fourth quarter ended May 31 compared with what Wall Street was expecting, based on a survey of analysts by LSEG:Earnings per…

As the New York Knicks clinched their first championship in 53 years and the NBA notched its highest Finals series ratings since 1998, professional basketball was inking another record. The five-game series between the Knicks and the San Antonio Spurs generated “15 billion views and counting on social media, the most ever for an NBA Finals and nearly triple the previous record set in 2025,” according to the NBA. Game 5 alone generated more than 4 billion views on social media platforms, breaking the record set three days prior by Game 4. It’s emblematic of an intensifying battleground in live…

“We need to save Wendy’s.”It was the rallying cry that rang out across the internet — specifically Reddit — on Wednesday.The movement gathered steam quickly. Wendy’s shot to the top of the trending page for Stocktwits. It also was the top-mentioned stock on WallStreetBets, according to data from SwaggyStocks, handily overtaking Micron (ahead of earnings) and newly IPOed SpaceX. The volume of shares that changed hands — more than 200 million — was 23 times the average, with trading halted at one point.As the movement gathered steam, Wendy’s stock followed suit, spiking on the attention and fervid buying. Shares climbed…

Vasudha Saxena is the woman running the “engine room” of what she described as a “startup like none other.” The startup she’s referring to actually sits within the walls of the nation’s biggest bank.Saxena is responsible for the strategy behind one of JPMorgan’s biggest bets: a decadelong plan to direct $1.5 trillion toward industries viewed as strategically important to the US, from defense and critical minerals to artificial intelligence and energy infrastructure.Since the bank launched the Security and Resiliency Initiative in October, Saxena told Business Insider the work is harder than most dealmaking — and some of the most challenging…

As AI rapidly transforms the workplace, many employers are rethinking the qualities they prioritize in candidates.Anne Tse, CEO of Asia Pacific Foods at PepsiCo, said the food and drinks company, which owns brands like Poppi and Lay’s, is increasingly scanning for curiosity, especially in entry-level applicants. It’s also looking for those who show adaptability and learning agility, as AI and new technologies rapidly reshape work.”It’s all about the aptitude, the speed, the agility to learn,” Tse, who oversees PepsiCo’s businesses across Asia Pacific, Australia, New Zealand, and Greater China, told Business Insider.Given that daily tasks are changing, coming in “with…

This as-told-to essay is based on a conversation with Kristy Layden, a 45-year-old based in Frisco, Texas. It’s been edited for length and clarity.”If I don’t have a job in three months, that would be crazy.”That’s what I remember thinking to myself when my senior management role at a major retailer was eliminated. Over a year later, I drained my 401(k) for cash and still had no offers.When I sat with myself and was truly honest, I realized corporate wasn’t something I wanted to return to. If I was having this kind of experience looking for a job, what on…

Disney CEO Josh D’Amaro has assembled a team working to win over Wall Street and brand enthusiasts.The Mouse House’s leader, who took over in March, has highlighted the importance of creating new franchises, unifying teams, and investing in video games while leaning into AI.D’Amaro has already made his mark by unveiling a new structure that puts its gaming arm within Disney Entertainment, which contains its streaming, film, and TV businesses. This revamped division is run by Dana Walden, the company’s first-ever chief creative officer, a respected content exec who previously oversaw Disney’s TV unit.D’Amaro, who’d been the Disney Experiences chairman,…

Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during the America Business Forum in Miami, Florida, US, on Thursday, Nov. 6, 2025. Eva Marie Uzcategui | Bloomberg | Getty ImagesJPMorgan Chase on Wednesday unveiled a new $50 billion share repurchase program and raised its quarterly dividend after the Federal Reserve found the industry remained well capitalized under its annual stress test.The biggest U.S. bank by assets said it will increase its quarterly dividend 10% to $1.65 per share, subject to board approval, and authorized the buyback program effective July 1. “The Board’s intended dividend increase is supported by…

Federal Reserve Board Governor Michelle Bowman, U.S. President Donald Trump’s nominee to be Federal Reserve vice chair for supervision, testifies before a Senate Banking, Housing, and Urban Affairs Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., April 10, 2025. Kevin Mohatt | ReutersThe biggest U.S. banks would be able to absorb more than $708 billion in losses in a severe global recession while continuing to lend to households and businesses, according to the Federal Reserve’s annual stress test released Wednesday.All 32 banks examined by the Fed remained above their minimum capital requirements under the regulator’s hypothetical scenario, which included…

Roughly 65 protesters and counter-protesters gathered outside a Brooklyn coffee shop on Wednesday after the chain banned Rep. Dan Goldman over his stance on Israel.The demonstrations at Williamsburg Poetica Coffee shop came days after the chain’s now-deleted Instagram post showing Goldman inside its Park Slope café — and said he was not welcome back.In the caption, Poetica said it did not serve “genocide enablers” and told the New York Democrat not to return. It also said it had refunded his order.”Hey Congressman Dan Goldman, we see that you stopped by our shop today for a coffee,” the deleted post read.…