Shares of Olive Garden parent Darden skid after revenue miss

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Shares of Olive Garden parent Darden skid after revenue miss

Shares of Darden Restaurants slid nearly 5% in premarket trading Thursday after its earnings report showed that declining traffic to Olive Garden, its top chain, resulted in weaker-than-expected revenue for its fiscal fourth quarter. The restaurant company’s …
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Chase, Southwest Airlines Debut New Business Credit Card

Chase and Southwest Airlines have introduced a new business credit card with better features and perks than its other cards, but also a higher annual fee. The Southwest Rapid Rewards® Performance Business Credit Card will boast the following: …
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Sterling slips as Bank of England cuts second-quarter growth to zero

The Bank of England held interest rates steady on Thursday amid the possibility of a no-deal Brexit still hanging over the U.K.. The central bank also cut its growth forecast for Britain’s economy to zero in the second quarter of 2019, highlighting global trade …
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Gold Surges to Almost Six-Year High After Fed Hints at Rate Cut

Metal prices shot up Thursday, lifted by a weaker dollar, after the Federal Reserve suggested it was willing to lower interest rates in the coming months. Gold futures rose 2.8% to $1,386.30 a troy ounce in New York, putting the securities on course for their …
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Apple reportedly considers moving some production out of China to avoid tariffs

Apple is considering moving final assembly for some products out of China to avoid the burden of potential tariffs from the U.S., The Wall Street Journal reported Thursday. Apple has not made any decision about moving production out of China, which could …
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