Goldman says these companies with high labor costs should benefit as job market slows
"High labor cost stocks should continue to outperform low labor cost stocks as wage growth continues to decelerate," say strategists led by David Kostin. They note the Goldman economics team forecasts ...
Uber Teams With WeRide For UAE Robotaxi Rollout: Details
Uber partners with WeRide to launch a fleet of autonomous vehicles in Abu Dhabi, marking a significant move into the UAE ...
Morningstar2h
Companies with high labor costs should benefit as job market slows. Some names are surprising.
The list is interesting. Hotels and restaurants are obviously labor intensive, and Goldman's list includes Hilton Worldwide (HLT), Marriott International (MAR) and Olive Garden owner Darden ...
Darden Restaurants: Partnership With Uber Could Bring Incremental Sales
Darden Restaurants is adapting to challenging market conditions with value promotions, menu innovations, and strategic ...
Darden Restaurants Inc. stock underperforms Tuesday when compared to competitors
Darden Restaurants Inc. closed $5.73 short of its 52-week high ($176.84), which the company reached on March 4th.
Hit by a sales slump, Olive Garden plans a menu change
Cardenas, who spoke during a September 19 earnings call, said the returning dishes will give "guests another reason to visit ...
Olive Garden's sales are dropping as customers cut back. Now, it's revamping its menu.
Olive Garden's menu of pastas and endless breadsticks failed to keep customers coming back this summer, with sales wilting at ...
Darden Shares Surge on Uber Partnership. Is It Too Late to Buy the Stock?
Shares of Darden Restaurants (NYSE: DRI) jumped after the company inked a new partnership with Uber Eats, the food delivery ...
Exit interview: Outback Steakhouse parent CEO David Deno reflects on his tenure
David Deno spent 12 years in the C-suite at Bloomin' Brands Inc., a tenure that includes multiple activist investors, a ...
Today1d
Olive Garden has long resisted food delivery — until now
Why go to Olive Garden when Olive Garden can come to you? Darden Restaurants, the parent company of the casual Italian eatery ...
Is Uber Technologies, Inc. (UBER) the Best Transportation Stock to Invest In Now?
We recently compiled a list of the 7 Best Transportation Stocks To Invest In Now. In this article, we are going to take a ...
Restaurant Business1d
Denny's hires a president with a familiar name, along with a new IT chief
Christopher Bode is returning to the company to handle operations as well as the usual duties of a president. Minh Le will be responsible ...