Cracker Barrel foe urges shareholders to vote against ‘worse than mediocre’ CEO after disma
Activist investor Sardar Biglari launched his eighth proxy battle at Cracker Barrel after the dining chain reported disappointing fourth-quarter earnings...
Finance
Days after calling herself a ‘staunch capitalist’ before a sitdown with socialist Zohran Mamdani, Kathy Hochul endorses him
Gov. Kathy Hochul on Sunday urged New Yorkers to vote Zohran Mamdani for mayor of New York City, giving the Democratic nominee one of...
Ray Dalio calls for ‘redistribution policy’ when AI and humanoid robots start to benefit the top 1% to 10% more than everyone else
Legendary investor Ray Dalio, founder of Bridgewater Associates, has issued a stark warning regarding the future impact of artificial intelligence...
Tylenol maker’s stock lost billions after a rumor linking the medicine to autism. Wall Street says buy the dip as one bank sees a ‘major overreaction’
This week, Kenvue, the consumer health spin-off from Johnson & Johnson, found itself at the epicenter of a market tempest...
Geoffrey Hinton says AI will cause massive unemployment and send profits soaring
Pioneering computer scientist Geoffrey Hinton, whose work has earned him a Nobel Prize and the moniker “godfather of AI,” said...
McDonald’s CEO is grappling with a ‘two-tier economy’ as he slashes prices on value meals
McDonald’s is banking on burgers and fries to tell a bigger story about the American economy. Chief Executive Chris Kempczinski...
Trump’s trade adviser says tariffs aren’t permanent after court strikes down reciprocal duties
White House senior counselor for trade and manufacturing Peter Navarro said Sunday that President Donald Trump’s tariffs are not permanent as...
Nvidia’s China-based rival posts 4,300% revenue jump as chipmakers’ earnings reported no H20 chip sales to the country
Cambricon, a China-based semiconductor firm, posted record profit in the first half of the year, along with revenue that surged...
Southwest Airlines is going to start charging heavy flyers for an extra seat if they can’t fit within armrests
Southwest Airlines will soon require travelers who can’t fit within the armrests of their seat to pay for an extra...
Trump says Intel agreed to give the government 10% of the chipmaker. ‘We do a lot of deals like that. I’ll do more of them’
President Donald Trump said Friday that American chipmaker Intel had agreed to give the U.S. government a 10% stake, which...
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