business
Brown-Forman Profit, Revenue Fall
Brown-Forman reported lower profit in its second quarter as challenging headwinds weighed on revenue. Source link
Kroger Swings to Quarterly Loss as Expenses Increase
Kroger swung to a fiscal third-quarter loss as expenses increased, though the company said it continues to make progress on its strategic priorities. Source link
European Automakers Shares Climb After Trump Commits to Relax Fuel-Economy Rules
Renault, Porsche Holdings and Mercedes were among the automakers gaining after Trump said he plans to change rules that regulate how many miles vehicles must travel on a gallon of fuel. Source link
Dollar General Lifts Outlook as Quarterly Profit, Sales Rise
Dollar General lifted its outlook for the year as it logged higher profit and sales in its third quarter, boosted by market share gains across both consumable and non-consumable categories. Source link
Energy & Utilities Roundup: Market Talk
Find insight on Orsted, E.ON and crude oil prices in the latest Market Talks covering Energy and Utilities. Source link
Cava Keeps No-Discounting Stance as Restaurant Deals Abound
Cava doesn’t discount, and it has no plans to even as some diners pull back on eating out. The key is ensuring that cash-conscious consumers see the value in the chain’s Mediterranean lunch bowls. Source link
Josh Harris’s Firm Near Deal for Middleby Unit That Makes Viking Stoves
26North is set to own 51% of the kitchen-products division that houses a number of luxury cookware-equipment brands. Source link
The Math Legend Who Just Left Academia—for an AI Startup Run by a 24-Year-Old
Ken Ono had an epiphany. Now the professor is moving to Silicon Valley to chase mathematical superintelligence. Source link
Democrats Press Firms About Trump Ballroom Donations
Lawmakers, including Sen. Elizabeth Warren, ask if Nvidia, Apple, Meta and others made donations in exchange for favorable treatment. Source link
Oil Rises on Russia-Ukraine Concerns
Oil prices rose on concerns over stalled talks to end the war in Ukraine and persistent attacks against Russian energy infrastructure. Source link