Since inception, Olive Garden restaurants have based their marketing on the idea that bigger is better, offering an “endless pasta bowl.” Well, as the company’s owner, Darden Restaurants, Inc., has recently found out, that’s not what people want any more.
Yesterday, President Obama’s leading contender for the Federal Reserve chairman position, Lawrence Summers, withdrew his name from consideration, citing the potential for an “acrimonious” confirmation battle.
While many investors acknowledge that the Baby Boomer generation’s creep towards retirement is taxing America’s elder care industry, they have little idea of its global scale.
U.S. retail sales for August missed economists’ forecasts, even as demand for automobiles remained strong, indicating a major part of the economy has slowed in the third quarter.
Yesterday, the microblogging super-site Twitter, Inc., announced its intentions to stage an initial public offering (IPO).
Japan’s Nikkei newspaper has published a story claiming that President Obama is set to name Lawrence Summers to become the next the Fed chairman as early as next week.