Finance

Cracker Barrel shares slump as logo change blowback dents restaurant traffic

Cracker Barrel shares slump as logo change blowback dents restaurant traffic

By Juveria Tabassum (Reuters) -Cracker Barrel shares fell nearly 10% before the bell on Thursday, after social media backlash around the restaurant chain’s short-lived decision to change its...

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Nvidia Bets Big on Intel With $5B Investment

Nvidia Bets Big on Intel With $5B Investment

Zeng Yu / VCG via Getty Images Intel shares are soaring Thursday after Nvidia announced a $5 billion investment in the struggling chipmaker. Nvidia is investing $5 billion in Intel and w...

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US Fed starts easing path, other major central banks on hold

US Fed starts easing path, other major central banks on hold

By Sara Rossi LONDON (Reuters) -The U.S. Federal Reserve has delivered its first rate cut since December, diverging from most other major central banks that have kept interest rates unchanged. Th...

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Mars to invest €1bn in Europe as Kellanova deal remains unresolved

Mars to invest €1bn in Europe as Kellanova deal remains unresolved

American multinational confectionery firm Mars will invest €1 billion in Europe by the end of 2026, the sweetmaker announced on Thursday. The funding will go towards boosting manufacturing and inn...

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Brazil’s Natura enters agreement to sell Avon International

Brazil’s Natura enters agreement to sell Avon International

SAO PAULO (Reuters) -Brazilian cosmetic marker Natura has entered into a binding agreement to sell Avon International to an acquisition vehicle that is an affiliate of Regent, the company said in...

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