Jack in the Box Jumps, and Darden Raises Forecasts
Shares of Jack in the Box jumped Tuesday morning after the fast-food chain agreed to sell its Qdoba brand. Apollo Global Management will buy the Mexican franchise for $305 million
And Red Lobster parent Darden Restaurants beat estimates for the latest quarter and raised its forecast for next year. The company benefited from increased prices and traffic at its Olive Garden and Longhorn Steakhouse restaurants.
Plus Citigroup raised its price target on Wal-Mart. Hosts Kristen Scholer and Tim Stenovec walk through using the TradeStation platform to set a "limit sell" order to lock in profits.
Almost four dozen Venezuelan workers who had temporary protected status have been put on leave by Disney after the U.S. Supreme Court allowed the Trump administration to strip them of legal protections.
The Republican-controlled Federal Trade Commission is abandoning a Biden-era effort to block Microsoft’s purchase of “Call of Duty” video game maker Activision Blizzard.
The Justice Department has reached a deal with Boeing that will allow the company to avoid criminal prosecution for allegedly misleading U.S. regulators about the 737 Max jetliner before two of the planes crashed and killed 346 people.
After a bumpy ride, the ride-hailing app is back in the good graces of investors. Plus: OpenAI, Google, Apple, Target, Moody's, Paramount, and Golden Dome.
Smoke that filled the cabin of a Delta flight as it took off from the Atlanta airport in February was so thick the led flight attendant had trouble seeing past the first row of passengers and the pilots donned oxygen masks as a precaution.
Arjan Stephens, President of Nature's Path, discusses the company's origin, how it has evolved today and the interesting product that came from his wedding!
