Business
Olive Garden is bringing back its fan-favorite “Never Ending Pasta Pass,” the company announced this week. Consumers can nab one of the 10,000 passes for $100, plus tax, on July 16 at 2 p.m. ET. Passholders are able to receive 13 weeks of unlimited pasta, sauces and protein toppings in…
The sun was shining on the Fed chairman, Kevin Warsh, today as he gave his first Congressional monetary report on a day when the consumer price index unexpectedly fell for the first time in six years. And that takes a near-term Fed rate hike off the table. As Mr. Warsh…
New York Gov. Kathy Hochul on Tuesday issued the nation’s first statewide temporary ban on new AI data centers in a sweeping move critics have long warned could drive tech investment and jobs out of New York. The moratorium, which the Democrat signed as an executive order, will remain in…
California Attorney General Rob Bonta believes Paramount’s planned takeover of Warner Bros. Discovery (WBD) is simply “an illegal merger,” as he appears to be on a crusade to prevent it from happening. Paramount CEO David Ellison is seeking to acquire WBD in a $111 billion deal expected to close during…
A Princess Cruises crew member died after going overboard from a ship that departed Fort Lauderdale, Fla., over the weekend, the company confirmed Monday, following a search-and-rescue operation off the coast of Cancún. The crew member went overboard while the Regal Princess was sailing near Mexico’s Caribbean coast, prompting a…
President Donald Trump on Tuesday announced that he will replace a 20% fee on commercial shipping moving through the Strait of Hormuz with “Trade and Investment Deals” that Gulf nations will be making in the United States. Trump said the move came as the movement of oil and natural gas…
Best Buy issued a recall on two models of Insignia gas range stoves after a report that the stoves can be activated by accidental contact with knobs, according to the U.S. Consumer Product Safety Commission. The Chinese-manufactured Insignia Front Control Gas Ranges received the recall on Thursday. The recall affected…
One of America’s most popular fast-food chains is under scrutiny as federal and state health officials investigate whether Taco Bell locations may be connected to a rapidly growing cyclosporiasis outbreak. Federal and state health agencies are investigating whether Taco Bell locations may have contributed to a widespread outbreak of cyclosporiasis,…
Federal Reserve Chair Kevin Warsh on Tuesday told House lawmakers that the central bank’s policymakers have “no tolerance for persistently elevated inflation” in his first testimony as Fed chief. Warsh said in his prepared testimony for the House Financial Services Committee that concerns about inflation influenced the Fed’s decision to hold the…
Shares of IBM were down more than 23% when the market opened on Tuesday, raising fresh questions about whether companies are seeing enough near-term returns from artificial intelligence spending. It is shaping up to be the worst day for IBM in decades, as its second-quarter earnings results showed profit and…
