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Emerson Electric to Buy Remaining Stake in Aspen Technology for $7.2 Billion

Emerson Buys Remaining Shares Of AspenTech In $7.2 Billion Deal

Casual Dining Chains Vie for Market Share as Occasions-Based Dining Returns

Casual dining chains like Chili's, Olive Garden, and Texas Roadhouse are competing to become the go-to for special occasions as consumers return to pre-COVID habits. Despite industry fragmentation, brands that leverage scale, marketing, and technology have significant market share opportunities. Inflation, fast-casual players, and breakfast-focused chains like Denny's and Cracker Barrel pose challenges, but value deals and convenience remain key drivers.

Casual Dining: Chili's, Texas Roadhouse, and Cheesecake Factory Lead the Way

Casual dining chains like Chili’s are capitalizing on consumers returning to dining out for special occasions, despite industry fragmentation and challenges from fast food and fast-casual players. Brinker International's Chili's, Darden's Olive Garden, and Texas Roadhouse are leading the pack, using value promotions, social media marketing, and technology to boost their competitive advantage. While breakfast chains like Denny's and Cracker Barrel face headwinds due to budget-conscious consumers, Keke's Breakfast Café, acquired by Denny's in 2022, offers potential growth opportunities given its higher-income customer base.

Pandemic property boom ends as commuter belt properties fall by up to £150k

Post-pandemic property boom over as luxury home prices in London's commuter belt fall by 9% on average.

Ryanair Beats Profit Forecast but Cuts Passenger Outlook on Boeing Delays

Ryanair reports a strong Q3 profit, beating expectations, despite reducing passenger outlook due to Boeing 737 MAX delivery delays.

E.l.f. Beauty Defies Trend, Touts Diversity Efforts Amidst DEI Backlash

E.l.f. Beauty bucks the anti-DEI trend, touting inclusivity and diverse marketing campaigns. Despite backlash to DEI initiatives, e.l.f. credits its commitment to diversity and inclusion for its success. The company features transgender and non-binary models, and its efforts have earned support from Gen Z and Millennial consumers.

Global Minimum Tax Deal and Trump's Executive Order: Implications for Tech Giants

President Trump signed an executive order exempting the US from a global minimum tax deal to prevent corporate income tax competition. The deal, supported by 140 countries, aimed to curb tax avoidance and the shifting of income to low-tax jurisdictions. However, it may have been unnecessary as the Biden administration was negotiating a workaround for US companies, shielding them from penalties for taking the research and development tax credit.

Meta Heats Up AI Race With Billions in Investment, New Data Center

Meta ramps up AI investment with $60B expansion, plans massive data center and Llama 4 launch

American Express Profit Fueled by Holiday Spending Boom

American Express profits surged 12% in Q4 as consumer spending on credit cards exceeded expectations. Billings rose 8%, and revenue is projected to grow 8-10% in 2023.

UnitedHealth Names New CEO for Health Insurance Unit

UnitedHealth Group appoints Tim Noel as UnitedHealthcare CEO, succeeding Brian Thompson. Noel brings 20 years of experience at UnitedHealth, most recently leading Medicare & Retirement division.