A Salad and Go restaurant in Phoenix, Az. Source: Google Earth Salad and Go has filed for Chapter 11 bankruptcy and is closing all existing locations on Wednesday. The company said in a statement to CNBC that it sought bankruptcy protection due to prior strategic growth challenges, weakening consumer demand and higher costs. Diner fears…
Steven B. Tanger, Executive Chair, Tanger, at the NYSE, May 10, 2023. Source: NYSE Tanger CEO Stephen Yalof said the store operator saw traffic increase in June and July due to international and domestic tourism tied to the World Cup. “We knew when you get these new visitors that come for a huge magnet event…
Jensen Huang, chief executive officer of Nvidia Corp., speaks next to a BlueField-4 STX Storage tray, from left, Vera CPU compute tray, and Spectrum-X Ethernet Photonics Switch System while holding a Spectrum-X Ethernet Photonics chip during a keynote address at the Nvidia GTC conference in San Jose, California, US, on Monday, March 16, 2026. Bloomberg…
Brian Moynihan, Chairman and CEO of Bank of America, speaks with Economic Club of Washington Chair David Rubenstein at an event at the Ritz-Carlton on February 25, 2025 in Washington, DC. Anna Moneymaker | Getty Images Bank of America spends more than $250 million a year covering GLP-1 weight loss drugs for its employees, CEO…
Leopold Aschenbrenner (L) and Bank of America CEO Brian Moynihan. Photo: Josh Edelson (L) | Oscar Molina (R) Bank of America CEO Brian Moynihan on Wednesday called the recent near-collapse of high-flying AI hedge fund Situational Awareness a warning shot for financial markets that are being fueled by elevated valuations and borrowed money. Last week,…
Hiring at private companies slowed considerably in July, with most of the job growth coming health care, payrolls processing firm ADP reported Wednesday. Nonfarm job growth excluding government totaled a seasonally adjusted 44,000 for the month, below the downwardly revised 95,000 in June and less than the Dow Jones consensus forecast for 75,000. On net,…
Bitcoin signage in Times Square in New York, Dec. 9, 2025. Michael Nagle | Bloomberg | Getty Images Many crypto investors haven’t been paying their taxes correctly — and the Internal Revenue Service may soon know about it. Determining tax on transactions involving digital assets is a notoriously difficult exercise, often much more so than…
CVS Health on Wednesday blew past second-quarter earnings and revenue estimates and raised its 2026 guidance, as its insurance unit Aetna shows signs of recovery. CVS, which operates the nation’s largest pharmacy chain, sees full-year adjusted profit coming in between $7.90 and $8.10 per share. That’s up from a previous guidance of $7.30 to $7.50…
The Eli Lilly logo appears on the company’s office in San Diego, California, Nov. 21, 2025. Mike Blake | Reuters Eli Lilly on Wednesday reported second-quarter earnings and revenue that blew past estimates and hiked its full-year sales outlook, as demand for its blockbuster weight loss drug Zepbound and diabetes treatment Mounjaro surged again. The pharmaceutical…
An aerial view shows a former eel fishing boat covered in dried mud among on low water among the banks of the river Rhine near Neuss, western Germany, on July 30, 2026, as the water level in the Rhine is falling to a record low following exceptionally hot weather. Ina Fassbender | Afp | Getty…