Darden Restaurants (DRI) Q2 2024 earnings

Darden Restaurants (DRI) Q2 2024 earnings

An Olive Garden restaurant in Fremont, California, on Sept. 14, 2023. Bloomberg | Getty Images Darden Restaurants on Friday reported quarterly earnings that beat expectations and raised its annual guidance, helped by sales growth at chains such as Olive Garden and LongHorn Steakhouse. Here’s what the company reported for its fiscal second quarter ending Nov. … Read more

Car fuel economy at record high, CO2 emissions at record low: EPA

Car fuel economy at record high, CO2 emissions at record low: EPA

(NewsNation) — New vehicles reached a record high in their average fuel economy while also emitting carbon emissions at the lowest level in history, according to the Environmental Protection Agency. The agency’s 2023 Automotive Trends report released Wednesday shows model year 2022 vehicles averaged 26 miles per gallon (mpg), an increase of 0.6 mpg from … Read more

Medicare bulk billing: Vulnerable Australians to receive crucial boost from GPs

Medicare bulk billing: Vulnerable Australians to receive crucial boost from GPs

GPs will be given a greater financial incentive to bulk-bill vulnerable patients under changes to Medicare. The new financial rewards, which kick in from Wednesday, November 1, triple the incentives for the bulk billing of pensioners, concession card holders and children. The move was previously announced in the federal budget as a response to falling … Read more

Big movers on D-Street: What should investors do with Paytm, Varun Beverages and Astral?

Big movers on D-Street: What should investors do with Paytm, Varun Beverages and Astral?

Benchmark indices went into a tailspin after hitting their fresh all-time high levels on Wednesday, closing down by over 1% as investors cashed in on the recent rally. Stocks that were in focus included names like Paytm, which fell 1.08%, Varun Beverages, which rose 6.62%, and Astral, whose shares declined 2.19% on Wednesday. Here’s what … Read more

Chinas Export Restrictions Stoke Fears About Battery Supply Chains

Chinas Export Restrictions Stoke Fears About Battery Supply Chains

China has slapped export controls on graphite, a key mineral used to make steel and electric car batteries, ratcheting up a trade fight with the United States over the technologies needed to wean the world’s economy off planet-heating fossil fuels. The measures, announced Friday in a joint declaration from Beijing’s Ministry of Commerce and the … Read more

Elon Musk’s New Monkey Death Claims Spur Fresh Demands for an SEC Investigation

Elon Musk’s New Monkey Death Claims Spur Fresh Demands for an SEC Investigation

In October 2018, a UC Davis veterinarian approved Animal 13 for use in a Neuralink experiment. She was six years old when she received her Neuralink implants. According to her pre-project physical exam and echocardiogram, Davis staff did not observe any medical abnormalities prior to her surgery, only noting that she had superficial scratches on … Read more

Warner Bros., Paramount merger talks may draw out NBCUniversal

Warner Bros., Paramount merger talks may draw out NBCUniversal

Let’s say you have a crush on two people and you find out one of them may like you back. Do you just start dating that person, or do you find out what the other person thinks, too? That’s where Warner Bros. Discovery finds itself today. The company has held preliminary merger talks with Paramount … Read more

2% of US land owned by foreigners: USDA

2% of US land owned by foreigners: USDA

(NewsNation) — Foreigners own nearly 2% of all land in the U.S., including more than three million acres of farmland purchased just in the past year, according to a new statistic by the U.S. Department of Agriculture. The trend has raised concerns in rural communities across the country as some states have tried to prevent … Read more

RBA Melbourne Cup Day interest rates decision: Reserve Bank of Australia makes big call in face of high inflation

RBA Melbourne Cup Day interest rates decision: Reserve Bank of Australia makes big call in face of high inflation

The Reserve Bank of Australia has resumed hiking interest rates after holding steady for the past four months, piling on financial pressure for mortgage holders. The RBA met on Tuesday and chose to hike the cash rate by 25 basis points to 4.35 per cent. WATCH THE VIDEO ABOVE: Economists share RBA cash rate predictions … Read more

Sebi: SAT overturns Sebi order in Karvy case

Sebi: SAT overturns Sebi order in Karvy case

Mumbai: The Securities Appellate Tribunal (SAT) quashed market regulator Sebi’s orders against lenders, including Axis Bank, HDFC Bank, ICICI Bank, IndusInd Bank and Bajaj Finance, prohibiting them from revoking the shares pledged by Karvy Stock Broking. The tribunal has allowed Axis Bank to invoke the shares pledged in its favour and asked the Securities and … Read more