Mcdonald S Profit Grows As Inflation Weary Customers Flock to Its Restaurants
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Young workers are flocking to these fast-growing job markets—they're not on the coasts
Recent college grads are flocking to Sun Belt states for high-paying jobs, ample opportunity and low costs of living.CNBC - Business -
Tencent Profit Jumps as High-Margin Businesses Grow
Chinese technology giant Tencent reported a sharp rise in profit for the first quarter, buoyed by rapid growth in its high-margin businesses.The Wall Street Journal - World -
Tencent Profit Jumps as High-Margin Businesses Grow
Chinese technology giant Tencent reported a sharp rise in profit for the first quarter, buoyed by rapid growth in its high-margin businesses.The Wall Street Journal - Business -
S&P Pushes Past Its Previous Record
Investors seized on the latest inflation report as another sign that interest rates could be cut his year, helping push the S&P 500 past its March record.The New York Times - Top stories -
Fat Brands confidentially files to IPO its Twin Peaks and Smokey Bones restaurant chains
Fat Brands and its chair Andy Wiederhorn were criminally indicted for an alleged $47 million bogus loan scheme.CNBC - Business -
Tencent profits soar on its online advertising boom
Chinese internet giant focuses on other high-margin businesses as its blockbuster online games ageFinancial Times - World -
The will and weariness of Tom Thibodeau and his Knicks
New York has stunned foes with ferocity that mimics its coach's mindset. But will fatigue finally catch up?ESPN - Sports -
Amazon Gets New Cloud-Computing Boss as AI Battle Shakes Up Its Top Profit Engine
The chief executive of Amazon Web Services, Adam Selipsky, is stepping down and will be succeeded by Matt Garman, the company’s senior vice president of sales and marketing.The Wall Street Journal - World -
Amazon Gets New Cloud-Computing Boss as AI Battle Shakes Up Its Top Profit Engine
The chief executive of Amazon Web Services, Adam Selipsky, is stepping down and will be succeeded by Matt Garman, the company’s senior vice president of sales and marketing.The Wall Street Journal - Tech -
As Europe’s power shrinks, its fear is growing – and the result is huge mistakes | Nathalie Tocci
Scared of Ukraine losing and scared of Russia being beaten, of migrants, Gaza and Trump, the EU is making poor choices at home and abroad. Europe no longer wields the power it once did in world affairs, when there was a liberal international order ...The Guardian - World -
Argentina reports its first single-digit inflation in 6 months as markets swoon and costs hit home
Government data in Argentina says the country’s monthly inflation rate has eased sharply to a single-digit rate in April for the first time in half a yearABC News - World -
Red Lobster Temporarily Closes Dozens of Restaurants
The seafood chain has been losing money for years. The liquidator behind the auction said more than 50 of its U.S. locations had closed.The New York Times - Business -
Dining out is increasingly a domain of the wealthy. Restaurants are feeling it.
High-income people continue to dine in restaurants, while others are cutting back.MarketWatch - Business -
Republicans flock to court to show they stand with Trump
Speaker Mike Johnson's appearance reflects how the fate of the ex-president and his party are intertwined.BBC News - Top stories - Donald Trump -
Red Lobster is closing dozens of restaurants and auctioning off equipment
Red Lobster is reportedly shuttering at least 48 of its locations, and a restaurant supply liquidator is auctioning off kitchen equipment from the impacted eateries this week.The Hill - Politics -
Stormy Financial Seas Push Red Lobster to Close Scores of Restaurants
A month after news the chain was considering Chapter 11 protection, attributing some of its losses to an all-you-can-eat shrimp promotion, the Orlando-based company reportedly shutters 88 of its 649 restaurants.Inc. - Business -
Trump allies flock to his side for Michael Cohen’s ‘hush money’ testimony
Potential vice-president picks and campaign surrogates show up to Manhattan courtroom for questioning of star witnessFinancial Times - Business - Donald Trump -
Trump allies flock to Manhattan courthouse for "hush money" trial
Several political allies of former President Donald Trump attended his criminal "hush money" trial in Manhattan on Tuesday. That includes several members of Congress and some of his former rivals for the 2024 Republican presidential nomination. ...CBS News - Top stories - Donald Trump -
Will Pizza Hut’s new burger sell better than McDonald’s pizza did?
A look at the challenges restaurants can face when stepping outside their comfort zones.MarketWatch - Business -
Nearly 100 Red Lobsters marked 'closed' on restaurant site: See the full list
Red Lobster locations across the country started closing abruptly Monday, surprising residents and, at least in one case, a city official.The Hill - Politics -
Inflation’s rental risks
The US and UK need to see a moderation in the price of home leasesFinancial Times - World -
On Holding more than doubles profit
On Holding, the Swiss apparel maker backed by tennis legend Roger Federer, said its first-quarter profit more than doubled on strong direct-to-consumer sales.MarketWatch - Business -
Tourists flock to 1,000-year-old cedar tree resembling Studio Ghibli's Totoro
Yahoo News - World -
Fans flock to Paris to cheer as Lise Davidsen becomes classical music's Taylor Swift
Taylor Swift isn’t the only singer fans are flocking to Paris to hearABC News - Entertainment -
‘I’m weary of repeating myself’: How do I deal with rich friends who take $22,000 cruises and book $800 hotel rooms? Prices are crazy enough already.
“When one friend made a fuss over wanting to fly business class, I threatened to cancel completely.”MarketWatch - Business -
A.I.’s ‘Her’ Era Has Arrived
New chatbot technology can talk, laugh and sing like a human. What comes next is anyone’s guess.The New York Times - Tech