Business

Brinker International (EAT) CEO Kevin Hochman has led the restaurant chain to outperform its competitors, with a 348% stock gain over the past year. Chili's, known for its ribs, fajitas, and burgers, has seen a surge in customer visits and sales growth. Hochman attributes the success to value marketing, higher quality food, and operational improvements. He plans to continue the turnaround with new menu items, store renovations, and technology upgrades.

Published on: January 31, 2025, 03:05 PM UTC

Trafigura, a major commodity trading house, and its former COO were convicted of bribery charges in a landmark Swiss court ruling, marking the first time a senior executive in the industry has been found guilty of corruption.

Published on: January 31, 2025, 03:04 PM UTC

Walgreens Boots Alliance Inc. suspends dividend after 92 years to conserve cash and revive the business. Shares dropped 15% on the news.

Published on: January 31, 2025, 03:04 PM UTC

Commerzbank announces share buyback and dividend increase as CEO Orlopp defends against potential UniCredit takeover.

Published on: January 31, 2025, 03:04 PM UTC

Calculate tax on savings interest and discover if an ISA could save you money with our easy-to-use tax calculator.

Published on: January 31, 2025, 03:04 PM UTC

Apple Q1 earnings top estimates, but iPhone revenue falls short; Greater China sales disappoint

Published on: January 31, 2025, 03:03 PM UTC

Brinker International (EAT) stock has surged 348% in the past year, outperforming rivals like Nvidia (NVDA) and Dine Brands (DIN). CEO Kevin Hochman credits value marketing and investments in higher quality food for the chain's comeback, which includes new menu items and store-level initiatives.

Published on: January 31, 2025, 03:02 PM UTC

UPS shares fall after company cuts ties with Amazon, focusing on more profitable business. The move is expected to impact Amazon's last-mile delivery and benefit competitors like FedEx. UPS targets higher-margin segments but faces challenges due to increased costs and a fragmented market.

Published on: January 31, 2025, 03:01 PM UTC

STMicroelectronics, part-owned by France and Italy, considers cutting up to 6% of its workforce or 3,000 workers in French and Italian plants as part of a restructuring program.

Published on: January 31, 2025, 02:07 PM UTC

Imperial Oil Ltd. (IMO) reported fourth-quarter earnings of $875.6 million. The company said it had net income of $1.69 per share for the quarter, which beat Wall Street expectations of $1.42 per share. Revenue for the quarter was $9.01 billion, short of the $11.2 billion estimate.

Published on: January 31, 2025, 02:07 PM UTC