It’s a chicken-and-egg problem: Restaurants are struggling with record-high U.S. egg prices, but their omelets, scrambles and huevos rancheros may be part of the problem. Breakfast is booming at U.S. eateries. First Watch, a restaurant chain that serves breakfast, brunch and lunch, nearly quadrupled its locations over the past decade to 570. Eggs Up Grill has 90 restaurants in nine southern states, up from 26 in 2018. Florida-based Another Broken Egg Café celebrated its 100th restaurant last year. Fast-food chains are also adding more breakfast items. Starbucks, which launched egg bites in 2017, now has a breakfast menu with 12…
Author: MAK Gojar
Legislation to let Volkswagen-backed Scout Motors sell its electric SUVs directly to people in South Carolina, where the vehicles will be built, has stalled after fierce opposition from traditional automobile dealers. A House subcommittee held a carefully prepared meeting this week, hearing just an hour of testimony from Scout and its supporters as well as dealers and opponents of direct sales. Then they adjourned debate on the bill, leaving it in a limbo unlikely to be resolved before the legislative session ends in May. Virginia-based Scout has made a big push to get the General Assembly to let South Carolina…
Parents looking for spring break activities for their children will soon be able to register for Miami-Dade County Parks, Recreation and Open Spaces spring camps, which run from March 24-28. The camps, open to children ages 6-14, will operate from 7:30 a.m. to 6:00 p.m. at multiple park locations across the county. Registration is $15 (if not registered in the Fit2Lead after-school program) or $45 for the full week, with a 10% sibling discount available. Campers will also take part in indoor and outdoor activities, arts and crafts, and educational excursions. Camps will be held at: North Trail Park Westwind…
Valentine’s Day could bring a dazzling display of the northern lights for stargazers in some parts of the U.S.
State officials reported a sharp decline in the official number of abortions after the Supreme Court overruled Roe v. Wade in June 2022.
A renowned researcher and dean at Utah State University will serve as interim president while the search starts to find a replacement for Elizabeth “Betsy” Cantwell, who announced her sudden departure last week. A renowned researcher and dean at Utah State University will serve as interim president while the search starts to find a replacement for Elizabeth “Betsy” Cantwell, who announced her sudden departure last week. A renowned researcher and dean at Utah State University will serve as interim president while the search starts to find a replacement for Elizabeth “Betsy” Cantwell, who announced her sudden departure last week. Alan…
CVS Health has more room to run even as the broader health care segment remains troubled, according to Leerink Partners.CVS Health has more room to run even as the broader health care segment remains troubled, according to Leerink Partners. CVS Health has more room to run even as the broader health care segment remains troubled, according to Leerink Partners. Leerink upgraded the pharmacy operator and benefits manager to outperform from market perform and raised its price target to $75 per share from $55. Leerink’s new forecast calls for about 19% upside from Wednesday’s close. CVS Health has pulled back more than…
Inflation-wary consumers are still worried about rising prices — for good reason.Inflation-wary consumers are still worried about rising prices — for good reason. Inflation-wary consumers are still worried about rising prices — for good reason. And, the ripple effect could mean Corporate America spending less money on digital advertising this year. Among our portfolio companies, online ads are the bread and butter of Meta Platforms and Alphabet — both of which could face some headwinds. Digital advertising in the United States, the biggest market for Meta and Alphabet, is expected to increase by 9.1% in 2025, down from a 13.8% expansion…
It comes as the company leans more heavily into AI and as it faces pressure from lawmakers.It comes as the company leans more heavily into AI and as it faces pressure from lawmakers. Google chief executive Sundar Pichai speaks during the tech titan’s annual I/O developers conference on May 14, 2024, in Mountain View, California. Glenn Chapman | Afp | Getty Images Google will start using artificial intelligence to determine whether users are age appropriate for its products, the company said Wednesday. Google announced the new technique for determining users’ ages as part of a blog focused on “New digital…
Alibaba Group Chairman Joe Tsai confirmed the company is partnering with Apple to help it roll out AI for iPhones sold in China.Alibaba Group Chairman Joe Tsai confirmed the company is partnering with Apple to help it roll out AI for iPhones sold in China. An Apple Store on Jan. 26, 2025, in Chongqing, China. Cheng Xin | Getty Images News | Getty Images Alibaba Group Chairman Joe Tsai confirmed on Thursday that the company was partnering with Apple to roll out AI for iPhones sold in China, speaking at the World Governments Summit in Dubai. “[Apple] talked to a…
Software vendors SAP and Databricks are joining forces to help companies analyze their most critical data.Software vendors SAP and Databricks are joining forces to help companies analyze their most critical data. In this article SAP Follow your favorite stocksCREATE FREE ACCOUNT Christian Klein, CEO of the software group SAP, during the annual press conference. Europe’s largest software manufacturer SAP is today announcing its figures for the past financial year. Uwe Anspach | Picture Alliance | Getty Images SAP is one of the world’s largest software companies. Databricks is among the fastest growing. On Thursday, the two companies announced a partnership…
A Fed interest rate cut won’t be coming until at least September, if at all this year, following a troubling inflation report Wednesday.A Fed interest rate cut won’t be coming until at least September, if at all this year, following a troubling inflation report Wednesday. Cartons of eggs are displayed at a grocery store with a warning that limits will be placed on purchases as bird flu continues to affect the egg industry on Feb. 10, 2025 in New York City. Spencer Platt | Getty Images A Federal Reserve interest rate cut won’t be coming until at least September, if…
Shares have advanced about 12% in 2025.Shares have advanced about 12% in 2025. GE Vernova is more than ready to meet the rising demand for energy, according to Baird. The firm initiated coverage of the energy services and equipment company with an outperform rating and a $448 per share price target. Baird’s forecast implies more than 21% upside from Wednesday’s close. Analyst Ben Kallo said GE Vernova is an essential player to meet rising demand for energy and energy infrastructure, both of which will help margins expand. “The rising demand for energy generation solutions gives the company pricing power for out…
Vice President JD Vance and Secretary of State Marco Rubio are expected to attend a major security conference in the German city Friday.Vice President JD Vance and Secretary of State Marco Rubio are expected to attend a major security conference in the German city Friday. Members of the emergency services work at the scene where a car drove into a crowd in the southern German city of Munich on February 13, 2025 leaving several people injured, police said. Michaela Stache | Afp | Getty Images MUNICH, Germany— German police said Thursday that 27 people were injured when a car plowed…
About 75,000 workers have signed up for the buyout, said a spokesperson for the U.S. Office of Personnel Management, equal to 3% of the civilian workforce.About 75,000 workers have signed up for the buyout, said a spokesperson for the U.S. Office of Personnel Management, equal to 3% of the civilian workforce. Demonstrators rally outside the U.S. Treasury Department after it was reported billionaire Elon Musk has gained access to Treasury’s federal payments system that sends out more than $6 trillion per year in payments on behalf of federal agencies and contains the personal information of millions of Americans, in Washington,…
The companies first announced merger talks last December to create the world’s third-largest automaker by vehicle sales.The companies first announced merger talks last December to create the world’s third-largest automaker by vehicle sales. The Nissan logo appears on a smartphone screen, and in the background, the Honda Motor Company logo is visible in this illustration photo in Reno, United States, on December 26, 2024. Jaques Silva | Nurphoto | Getty Images Japanese automakers Honda and Nissan said Thursday they would terminate merger talks, ending speculation over the fate of a $60-billion deal that was slated to create the world’s third-largest…
Consumer goods giant Unilever posted slightly weaker-than-expected sales growth and pointed to a “slower start to 2025.”Consumer goods giant Unilever posted slightly weaker-than-expected sales growth and pointed to a “slower start to 2025.” Pints of Ben & Jerry’s ice cream are seen on a shelf at Ideal Fresh Market of Church Ave on March 19, 2024 in the Flatbush neighborhood of Brooklyn borough in New York City. Michael M. Santiago | Getty Images Consumer goods giant Unilever on Thursday posted slightly weaker-than-expected sales growth and pointed to a subdued start to 2025, although it expects this to reverse in the…
President Donald Trump could announce his reciprocal tariff plan before he meets with Indian Prime Minister Narendra Modi on Thursday, the White House said.President Donald Trump could announce his reciprocal tariff plan before he meets with Indian Prime Minister Narendra Modi on Thursday, the White House said. President Donald Trump speaks while signing executive orders in the Oval Office of the White House in Washington, Feb. 10, 2025. Kevin Lamarque | Reuters President Donald Trump could announce his reciprocal tariff plan before he meets with Indian Prime Minister Narendra Modi on Thursday, the White House said Wednesday. “I do believe it…
“I think we do need to delete entire agencies, as opposed to leave part of them behind. … It’s kind of like leaving a weed,” Musk said.”I think we do need to delete entire agencies, as opposed to leave part of them behind. … It’s kind of like leaving a weed,” Musk said. Tesla and SpaceX CEO Elon Musk delivers remarks as he joins U.S. President Donald Trump during an executive order signing in the Oval Office at the White House on February 11, 2025 in Washington, DC. Andrew Harnik | Getty Images DUBAI, United Arab Emirates — The U.S.…
Here are the biggest calls on Wall Street on Thursday.Here are the biggest calls on Wall Street on Thursday. Here are the biggest calls on Wall Street on Thursday: Morgan Stanley reiterates Nvidia & Broadcom as overweight Morgan Stanley says it’s sticking with both semis companies. “In the last six months, the momentum in the AI trade has clearly moved to custom silicon, as NVIDIA has tread water and AMD has sharply underperformed. NVIDIA’ s $3 trillion of market cap is supported by over $32 bn of quarterly AI revenue, while AVGOs’ $1.1 trillion comes from $3.2 bn of quarterly revenue.”…