by Reuters Jun 24th 2014 6:00AM
Darden says sales continued to slide at Olive Garden and Red Lobster in the latest quarter, with other costs dragging down its profit by 35 percent.
FedEx's fourth-quarter profit more than doubled from the same quarter last year, when the world's No. 2 package delivery company recorded heavy charges.
In a move that is either brilliant or boneheaded, Comcast is turning leased residential routers into WiFi hotspots accessible to nearby Xfinity customers.
Bitcoin is in danger of losing its credibility as an independent payment system because of the growing power of a group that runs the computers behind it.
Worries about Iraq and Ukraine put Wall Street in a cautious mood. But upticks in industrial production and manufacturing helped offset the negativity.
There are probably billions of dollars in seemingly obsolete foreign currency in the U.S. just waiting to be found and converted into cold hard cash.
Amazon will tease the world with a phone reportedly featuring holographic technology, and BlackBerry will report another dismal quarter.
Lululemon Athletica is starting to take on the worst attribute of last year's recalled yoga pants: Everybody can see right through it when it's stretched.
The total number of households worldwide that now qualify as millionaires rose 19 percent, bring the total to more than 16 million, a new survey shows.
Former UCLA basketball star Ed O'Bannon says the NCAA makes billions of dollars by putting college players on TV, but won't share any of the revenue.
Many companies blamed sluggish sales in the first quarter on the weather. By contrast, these five restaurant chains just did more business.
Questions about how to apply securities law to activist investors could complicate any potential insider trading case against Carl Icahn and others.
From Apple meeting with developers to Netflix releasing a new season of "Orange Is the New Black," a lot of companies have something to say.
The three retailers seem to be finding their way, but none is showing that it has the necessary ingredients for a sustainable turnaround.
Tyson Foods offers to buy Hillshire for $50 a share -- a $5 a share premium to Pilgrim's Pride bid to buy Hillshire earlier this week.
Successful IPOs for JD.com and Tuniu show Chinese companies are back in favor with global investors. But the real buzz is for Alibaba's IPO this summer.
Good quarterly reports are expected from AutoZone and Costco, and Netflix has a second season of a Ricky Gervais series.
The airline business is uncharacteristically popular with investors. But can the good times -- increased dividends, low fuel prices and stock buybacks -- last?
A few sports-related stocks actively trade on various exchanges. Is investing in them a slam dunk or an air ball?
The Dow Jones industrial average drops more than 200 points after disappointing economic news and a couple bad earnings reports from retailers.
Zillow, Lumber Liquidators and Netflix have plenty to gain from the housing boom, and should continue to reward investors long after it cools off.
More records fall on Wall Street Tuesday as the Dow and S&P 500 set new highs, but there are lots of doubters worried that a market correction is imminent.