Latest Corporate management News
Olive Garden teams up with Uber Direct to offer delivery
Olive Garden said Thursday it’s teaming up with Uber to offer delivery for the first time. Darden Restaurants, which owns Olive Garden, LongHorn Steakhouse and other chains, said Olive Garden will be the first of its brands to offer third-party delivery starting later this year....
Tupperware lifts the lid on its financial problems with bankruptcy filing
NEW YORK (AP) — The company behind Tupperware, the plastic kitchenware that revolutionized food storage after World War II and became inextricably linked to the parties where women seeking a measure of financial independence and fun in midcentury America sold the colorful products, has filed for...
US judge unlikely to rule until next week as Arizona tribe fights to extend ban on lithium drilling
PHOENIX (AP) — Members of an Arizona tribe urged a federal judge Tuesday to extend a temporary ban on exploratory drilling for a lithium project near lands they have used for religious and cultural ceremonies for centuries. An executive for the Australian mining company that is...
Tennessee official and executive accused of rigging a bid on a $123M contract are charged
NASHVILLE, Tenn. (AP) — A former Tennessee prison official and a former executive at a private contractor have been charged with conspiracy to obstruct justice and commit perjury after they were accused of rigging a bid on a $123 million contract, federal prosecutors announced Tuesday. ...
Trump will soon be able to sell shares in Truth Social's parent company. What's at stake?
NEW YORK (AP) — For all the debate about just how rich former President Donald Trump is, one thing is clear: His ownership stake in Trump Media & Technology Group makes him a billionaire. The company behind the Truth Social platform is worth more than $3 billion on Wall Street,...
Boeing says it's considering temporary layoffs to save cash during the strike by machinists
SEATTLE (AP) — Boeing plans to freeze hiring and reduce travel and is considering temporary layoffs to save cash during a factory workers’ strike that began last week, the company told employees Monday. The company said the moves, which include reduced spending on suppliers, were...
Biden is taking on cheap products from China. It could mean higher prices
WASHINGTON (AP) — The Biden administration is cracking down on cheap products sold out of China, expanding a push to reduce U.S. dependence on Beijing and bolster homegrown industry, but that could trigger higher prices for U.S. consumers who flock to popular shopping sites like Temu and Shein. ...
Top AI business leaders meet with Biden administration to discuss the emerging industry's needs
WASHINGTON (AP) — Top Biden administration officials on Thursday discussed the future of artificial intelligence at a meeting with a group of executives from OpenAI, Nvidia, Microsoft and other companies. The focus was on building data centers in the United States and the infrastructure needed to...
Utility ordered to pay $100 million for its role in Ohio bribery scheme
An energy company at the center of a $60 million bribery scheme in Ohio has been ordered by the U.S. Securities and Exchange Commission to pay a $100 million civil penalty for misleading investors about its role in the scandal. Akron-based FirstEnergy Corp. violated antifraud...
Trump closing in on being able to sell his shares of Truth Social's parent company. But will he?
Shares of Trump Media & Technology fell more than 10% Wednesday following last night’s debate between Donald Trump and Vice President Kamala Harris. The former president can start selling shares of Truth Social's parent company next week starting on Sept. 19 when a lockup...
