Cinnabon President: 'We're Still Big Believers in Malls'
Cinnabon says it still believes in the mall--but is also hedging its bet with streetside locations at places with heavy urban density. Cheddar talks with Cinnabon President Kristen Hartmann about placement, the impact of delivery services -- and even the brand's Cookie BonBites offering.
Microsoft reported a 20% spike in quarterly profits Tuesday, helping to fuel its battle to get ahead of rivals like Google, Amazon and Facebook parent Meta in selling the latest artificial intelligence technology.
Visa Inc. said its adjusted third-quarter profits rose by nearly double digits, as the global payments company continues to benefit from the broad shift by consumers to using credit and debit cards instead of cash.
Even after inflation has steadily eased this year, the Federal Reserve's policymakers still think prices are rising too fast and are almost certain to lift their key interest rate by a quarter-point on Wednesday.
