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Restaurants are rebounding — but Starbucks and McDonald’s still have work to do
Business

Restaurants are rebounding — but Starbucks and McDonald’s still have work to do

People pass by a Starbucks coffee shop in Manhattan, New York, United States on January 15, 2025.  Mostafa Bassim | Anadolu | Getty Images Starbucks is expected to report its quarterly earnings on Tuesday, kicking off several weeks of reports from restaurant companies as investors anticipate improving demand for dining out. A handful of restaurants […]

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Here are the products and companies most at risk from Trump’s tariff plans
Business

Here are the products and companies most at risk from Trump’s tariff plans

Customers shop for food at a grocery store on Jan. 15, 2025 in Chicago, Illinois.  Scott Olson | Getty Images Many of the items that U.S. shoppers browse and buy in retailers’ aisles come from far-away factories or farms — a reality that could soon force many consumers to change their buying habits. Sneakers, T-shirts, […]

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Goldman’s top stocks to play a still-healthy consumer in 2025
World

Goldman’s top stocks to play a still-healthy consumer in 2025

The state of the consumer may be strong in 2025, according to Goldman Sachs, and there are several stocks that could be primed for upside as a result. “We forecast a still robust consumer as [ disposable personal income ] continues to grow, albeit at a slower rate and as elevated interest rates ease,” the […]

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BTIG’s top ideas for 2025 include Starbucks and a Western retailer
World

BTIG’s top ideas for 2025 include Starbucks and a Western retailer

BTIG has some plays for investors as 2025 kicks into high gear. Coming off an unusually strong two-year run for stocks, investors are wondering what areas of the market can drive further upside. The financial services firm’s research team dropped its top picks list for the first half of 2025 this week, which represents its […]

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These restaurant chains closed locations in 2024
Business

These restaurant chains closed locations in 2024

A rough year for the restaurant industry led many chains to close underperforming locations in 2024, as they try to improve their sales in the years to come. Inflation-weary consumers pulled back their restaurant spending in 2024 and instead sought value and discounts when they did choose to dine outside their homes. Overall U.S. restaurant […]

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From Nike to Intel, CEO departures at U.S. companies hit a record this year
Business

From Nike to Intel, CEO departures at U.S. companies hit a record this year

Clockwise from top: Former Boeing CEO Dave Calhoun (CNBC), Starbucks former CEO Laxman Narasimhan (Getty Images), former Nike CEO John Donahoe (Reuters), former Intel CEO Pat Gelsinger (Getty Images) TL: CNBC | TR: Getty Images | BL: Reuters | BR: Getty Images Retired, ousted or poached, CEOs headed for the exits this year. U.S. public […]

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From Chili’s to burger chains, here are the restaurant industry winners and losers in 2024
Business

From Chili’s to burger chains, here are the restaurant industry winners and losers in 2024

A “location closed” sign hangs in the window of a closed Red Lobster restaurant in Torrance, California on May 14, 2024.  Patrick T. Fallon | AFP | Getty Images A rocky year for restaurants separated the industry’s biggest chains into winners and losers, as eateries competed for a smaller pool of customers who have grown […]

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LSU star Flau’jae Johnson continues NIL success, signs equity deal with women’s basketball league Unrivaled
Business

LSU star Flau’jae Johnson continues NIL success, signs equity deal with women’s basketball league Unrivaled

BATON ROUGE, LOUISIANA – NOVEMBER 9: Flau’jae Johnson #4 of the LSU Tigers in action during a game against the Northwestern State Demons at the Pete Maravich Assembly Center on November 9, 2024 in Baton Rouge, Louisiana. (Photo by Kristen Young/LSU/Getty Images) Reagan Cotton/lsu | University Images | Getty Images Flau’jae Johnson has a lot […]

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Can Starbucks fix long lines at its airport cafes?
Business

Can Starbucks fix long lines at its airport cafes?

Customers wait in a long line at a Starbucks cafe in a terminal at Miami International Airport, in Miami, Dec. 12, 2022. Jeff Greenberg | Universal Images Group | Getty Images Air travelers face a host of headaches on their journeys: slow security lines, long waits for plush lounges, the threat of delays or cancellations […]

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Ole Andreas Halvorsen’s Viking Global opened stakes in two turnaround stories in the third quarter
World

Ole Andreas Halvorsen’s Viking Global opened stakes in two turnaround stories in the third quarter

Ole Andreas Halvorsen’s Viking Global bought into two big, second-half turnaround stories in the third quarter. The Norwegian-American billionaire’s hedge fund opened positions in Starbucks and Tesla sometime during the three months ended Sept. 30, the latest regulatory filing shows. Those bets — worth more than $100 million each — appear to be paying off […]

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