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☆ Disney debuts its latest cruise ship, Treasure, as part of a plan to double its fleet by 2031
▼ + stars: | 2024-11-20 | by ( Sarah Whitten | ) www.cnbc.com time to read: +10 min

Next month, the Disney Treasure cruise ship will make its maiden voyage from Port Canaveral, Florida, to the Caribbean, officially becoming the sixth ship in the company's lineup. The cruise ship Disney Treasure. A guest room on the Disney Treasure cruise ship. Worlds of Marvel, a restaurant on Disney's cruise ship Treasure that was inspired by the Marvel Cinematic Universe. Jumbeaux's Sweets, inspired by the ice cream parlor in Disney's "Zootopia," is a gelato and sweets shop on Disney's Treasure cruise ship.

Persons: Minnie, hadn't, Thomas Mazloum, Gavin Doyle, Doyle, —, Coco, Jumbeaux's Sweets, Jumbeaux's, I've, we've, There's Organizations: Disney, Disney Destiny, Oriental Land Company, Disney Cruise, Disney Disney, Royal, Cruise, de Coco, Mariachi Plaza, Pixar, Marvel, Walt Disney Animation Studios, Steakhouse, Skipper, Skipper Society, Cruise Lines International Association, Disney's Oceaneer, Walt Disney Theatre, Lucasfilm Locations: Port Canaveral , Florida, Caribbean, Japan, Royal Caribbean

Owens, Mayor Chokwe Antar Lumumba and City Council member Aaron Banks were indicted last month on conspiracy and bribery charges. Barbara Gauntt / Clarion Ledger / USA Today via ImagnA City Council member, Angelique Lee, resigned in August and pleaded guilty to conspiracy to commit bribery. “People are tired; they just want some good stuff done,” said Vernon Hartley, a City Council member for one of the city’s poorest wards. Aaron Banks is the second Jackson City Council member to be charged in the federal bribery case. Angelique Lee, a former City Council member, resigned and pleaded guilty to conspiracy to commit bribery.

Persons: JACKSON, —, Virgi Lindsay, ” Lindsay, Jody Owens, Lauren Witte, “, ”, Owens, Chokwe Antar Lumumba, Aaron Banks, Mayor Chokwe Antar Lumumba, Barbara Gauntt, Angelique Lee, Sherik Marve Smith, Smith, Jackson, Vernon Hartley, ” Owens, Banks, Lumumba, They’re, Lee, Rogelio V . Solis, The United States ”, Hartley, Lindsay, Ashby Foote, Hannah Mattix, Foote, ” Foote, ” Hartley Organizations: Miss, Council, Clarion Ledger, FBI, Southern District of, City Council, City, “, Department of Housing, Urban Development, U.S, Southern, Southern District of Mississippi Owens, Jackson City Council, ”, Attorney’s Office, The United, NBC News, Republican, Capital Club, USA, Solutions Locations: Jackson, Hinds, Hinds County, Southern District, Southern District of Mississippi, Imagn, Nashville, Florida, Owens, Africa, The United States, generalities, City

☆ Red Lobster and TGI Fridays are closing. Here’s what’s moving in
▼ + stars: | 2024-11-11 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +5 min

In Watertown, New, York, a former Red Lobster is being converted to a Northern Credit Union bank. And Chick-fil-A is taking over a shuttered Red Lobster in Naples, Florida. Chains like Red Lobster and TGI Fridays filed for bankruptcy this year and closed more than 175 restaurants combined. Red Lobster was driven into bankruptcy by mismanagement under a previous owner, global shrimp supplier Thai Union, while TGI Fridays fell under private equity owner TriArtisan Capital Advisors. Empty booths fill the interior of a Red Lobster restaurant on May 20, 2024 in Austin, Texas.

Persons: Denny’s, Kelli Valade, ”, Jeff Kreshek, hasn’t, Chick, Elijah Nouvelage, Matt Larson, Chris Tomasso, Tomasso, Brandon Bell, Larson Organizations: New, New York CNN, LongHorn, Northern Credit Union, Vacant, Thai Union, TriArtisan Capital Advisors, Federal Realty, Watch, First, Getty, JCPenney, Nordstrom, Green Locations: New York, Woodbridge , Virginia, Watertown , New, York, Naples , Florida, Maryland, California, McDonough , Georgia, Chao, Bel Air , California, Franconia, Virgina, United States, Austin , Texas

☆ I've been on every Norwegian cruise line — here's how the 3 brands with very different prices compare
▼ + stars: | 2024-11-07 | by ( Brittany Chang | ) www.businessinsider.com time to read: +9 min

Norwegian Cruise Line Holdings operates three brands: Norwegian, Regent Seven Seas, and Oceania. Norwegian Cruise Line: Family-friendly affordabilityNorwegian Cruise Line invited me on a complimentary four-night Norwegian Prima voyage in 2022. AdvertisementRegent Seven Seas Cruises: The priciest ultra-luxury optionRegent Seven Seas invited me on a three-night "christening sailing" for its one-year-old Seven Seas Grandeur. Regent Seven Seas invited me on a complimentary three-night Seven Seas Grandeur sailing in 2023. Norwegian Cruise Line Holdings' most luxurious cruise line, Regent Seven Seas, serves dishes like beef tenderloin topped with seared foie gras.

Persons: —, Brittany Chang, Prima —, mary, Bulgari, Pablo Picasso, bocce, toiletries Organizations: Cruise Line Holdings, Regent Seven, Service, Norwegian, Cruise, Cruise Line, Prima, Oceania, Oceania Vista, Beverage, Seven Seas, Business, Regent Seven Seas Locations: Oceania, Norwegian, Whittier , Alaska, Vancouver, British Columbia, Oceania Vista, Italian, New York, Rhode Island, Bermuda, Caribbean, San Juan , Puerto Rico

☆ I've been on 4 ultra-luxury cruises — here's how they compare and how to pick the best ship for you
▼ + stars: | 2024-11-05 | by ( Brittany Chang | ) www.businessinsider.com time to read: +9 min

I've been on the ships of their four high-end counterparts: Silversea, Regent Seven Seas, Seabourn, and Explora. AdvertisementSilversea's Silver Ray: A modern resort with local cuisinesIn June, Silversea invited me to spend five complimentary nights on its newest 54,700-ton ship, Silver Ray. It launched its newest ship, Silver Ray, in June. Brittany Chang/Business InsiderSilversea's SALT — "sea land and taste" — program brings the itinerary's regional cuisines into the cruising experience. Related storiesRegent Seven Seas' Seven Seas Grandeur: Classic luxuryRegent Seven Seas invited me on a three-night "christening sailing" for its one-year-old Seven Seas Grandeur.

Persons: I've, —, Ray, Silversea, Silver Ray, Brittany Chang, It's, toiletries, Explora, it's, Dyson, Seabourn Organizations: Royal, MSC, Regent Seven, Service, Industry, Business, butlers, Seven Seas, Regent Seven Seas, Cruise Line Holdings, Rim, Central America, MSC Group, Rolex Locations: Seabourn, Royal Caribbean, South America, Caribbean, Callao, Peru, Valparaiso, Chile, Brittany, Europe, Miami, Mexico, Central, Alaska, Asia, Australia, New Zealand, Canadian

☆ I tried 10 ways to make frozen fries better, and there are 9 hacks I'd absolutely do again
▼ + stars: | 2024-11-05 | by ( Chelsea Davis | ) www.businessinsider.com time to read: +14 min

I tried 10 chef-approved tips for making frozen french fries taste better to see which I'd do again. To see which upgrades are best, I tried out chef-approved hacks for making frozen fries better. Right off the bat, I knew I had to choose my frozen fries wiselyThe thickness of the crinkle fries is ideal for heartier toppings. The zesty, cheesy flavors made these fries really stand out, and I look forward to adding different seasonings and spices to my frozen fries in the future. This is an excellent cheap dinner idea since I only needed a can of chili, cheese, and frozen fries.

Persons: —, Chelsea Davis, RJ Harvey, I'd, fryer, Lauren Koeppe, Koeppe, Chef Jose Mendoza, Mendoza, cheesiness, would've, Fries, Harvey, Chef Mendoza, they'd Organizations: Service, Potatoes USA, Chelsea Locations: Chef Jose Mendoza of, California, Mendoza, Mexican

After leaving the workforce during the pandemic because she couldn’t find affordable child care, Longenecker said her family has been economizing. But her husband recently got a new job that pays more per hour and with lower health care costs. Her husband’s side gig has been “flourishing,” giving them steady monthly income and a glimpse of a future beyond waiting tables. Her monthly retirement income of around $7,600 is comfortable, but homeowners insurance, utilities and long-term care costs are weighing on her. Keys said Harris has put forth clearer economic policies, like her plan to offer first-time homebuyers $25,000 in downpayment assistance.

Persons: Kamala Harris, Donald Trump, Harris, Stefanie Longenecker, Longenecker, she’s, I’m, they’re, ”, ” Longenecker, Stefany Serna, He’s, “ We’ve, ” Serna, Serna, “, Serna isn’t, Lucy Haverfield, ” Haverfield, Hurricane Milton, Helene, Milton, Trump, “ I’m, Nancy Breland, hasn’t, Breland, “ I’ve, Otis Keys, ” Keys, Keys, Becky Melvin, Trump’s “, multibillionaire Tesla, Elon Musk, —, Melvin Organizations: NBC, Biden, Pa ., Trump, YouTube, ” Times, Social, Social Security, UPS, Teamsters Locations: Palmyra, Pa, Palmyra , Pennsylvania, China, Coral Gables , Florida, Alva , Florida, Hurricane, Florida, Alva, Fla, Canada, Georgia, Dallas, Jacksonville, America, Jacksonville , Florida

☆ Barbecue, bingo, and bipartisan partying: How America is preparing for election night
▼ + stars: | 2024-11-02 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +8 min

On a highly charged election night, some Americans are ready to go out and party. AdvertisementMany Arizonans are still undecided — on which strain of weed they want to smoke on election night, that is. She anticipates it will be open until at least midnight on election night, two hours past its usual closing time. AdvertisementDrag queens Aggy Dune (left) and Darienne Lake (right) will perform on election night. Courtesy of Andrew LehnSome workers are opting out of election night completely.

Persons: —, they've, OG, Kamala Kush, Jill, Luke Flood, Donald OG, Flood, it's, Donald, partygoers, we're, Marjorie Taylor Greene, Leah Kolb, Kolb, " Kolb, Ken Lowe Jr, Lowe, Darienne, Kristina Dinino, Jeffords, it'll, Kamala, MAGA, rita, John Gram, Prepping, Gopuff, Abe Malkin, Andrew Lehn, HoTail, Kitty Rayborn, I'm Organizations: Service, Democratic, Hill, CNN, Fox, Cinema, Divas, Democracy Locations: Curaleaf, Arizona , Florida , New York, Illinois, Arizona, Tacoma , Washington, Lansing , Michigan, Washington, DC, Philadelphia, Rochester , New York, Pennsylvania, Texas

The base GOP voters Trump is most focused on aren’t necessarily the same voters who are key to the coalition Snyder is trying to build. Gretchen Whitmer, and two-seat majorities in both the state House and the state Senate (Democrats also hold a majority on the state Supreme Court). “The only advantage they have is old notions,” Whitmer said last week at her own event to support state House candidates in Oakland County. All the districts he’s targeting “can swing either way,” Snyder said. Rick Snyder is openly trying to get MAGA extremists elected to the state House,” Kubitschek said.

Persons: Rick Snyder, ” Snyder, “, Donald Trump, There’s, Snyder, Kamala Harris, Fred Upton, Trump, Peter Meijer, ”, Tommy Brann, ” Paul Hudson, Hillary Scholten, Meijer, “ I’ve, ” Hudson, Mike Rogers, ’ “, Gretchen Whitmer, Whitmer, —, ” Whitmer, Geoff Robins, Joe Biden, I’ve, ‘, ’ ” Snyder, Ron Robinson, Tom Kuhn, Tommy Kubitschek, Snyder’s, It’s, MAGA, ” Kubitschek, Jennifer Conlin, Ann Organizations: Michigan Gov, GOP, Republicans, Trump, Republican, NBC News, White, Michigan’s Republican U.S, Senate, Democratic, Michigan, Getty, Pepsi, Michigan ”, Council, Brann, Affordable, Democrats, Michigan Democratic Party, ”, Republican Party Locations: WYOMING, Mich, —, Michigan, There’s, Grand, Detroit, Battle, Traverse City, Grand Rapids, ”, Lansing, Oakland County, Flint, AFP, Utica, Troy, Ann Arbor

☆ My family has traveled to 33 states, but none has wowed us as much as this coastal gem — and, no, it's not Hawaii
▼ + stars: | 2024-10-25 | by ( Daryl Austin | ) www.businessinsider.com time to read: +7 min

My wife, four kids, and I have been to 33 states together including Hawaii, California, and Maine. Still, Oregon is our favorite state we've visited, and we recently spent eight days exploring it. To date, we've been to 33 states including famously scenic ones like Hawaii, Maine, California, and Montana — and we've found many things to love about each one. We appreciated the picturesque beaches and were happy to find them uncrowdedOur favorite Oregon beach was "Secret Beach." The Trail of Ten Falls at Silver Falls State Park was our favorite because its 7-mile loop took us to or behind 10 beautiful falls.

Persons: we've, —, Daryl Austin, Cannon, Samuel H, Mount Hood, Lewis, Clark, Meier, Frank, It's, Arnold Schwarzenegger, Jack Nicholson commandeers, Willy, Daryl Austin We've Organizations: Service, Beaver State, Scenic, Historic, California Gold Rush, Guinness, Records, Urban Farmer, Tillamook Cheese Factory Locations: Hawaii , California, Maine, Still , Oregon, Oregon, Hawaii , Maine , California, Montana, Seaside, Yachats, Boardman, Historic Baker City, Portland, Willamette, Mount, Fort Clatsop, Salem, Astoria, Baker City, Columbia, Silver Falls, Horsetail, Latourell Falls, Multnomah, United States

☆ Popular Restaurants Can Get Killed by a Michelin Star, Food Awards
▼ + stars: | 2024-10-23 | by ( Emily Stewart | ) www.businessinsider.com time to read: +9 min

He then looked at the diverging fortunes of those restaurants that went on to receive a Michelin star — a signifier of excellence in the industry. By 2019, Sands found that restaurants given a Michelin star were more likely to shutter. The publicity created around an award such as a Michelin star drives interest. But he pointed out that even if they ultimately failed, the Michelin restaurants that closed in Sands' research generally had a pretty good run. In many ways, "what to do about growth" is a classic question in any business, including restaurants and hospitality.

Persons: Daniel Sands, Sands, Darren Tristano, Joe Carroll, Anselm, haven't, Carroll doesn't, Danny Meyer, Ryan Sutton, It's, John Gordon, Carroll, Semilla, Emily Stewart Organizations: University College London's School of Management, Michelin, The New York Times, New York Times, New, Square, LO Times, Business Locations: York, New York, Brooklyn, Sands, San Diego, , New York, Philadelphia, Manhattan

☆ I took my 2 kids to a family all-inclusive resort. They had a blast, and I did not have to do anything.
▼ + stars: | 2024-10-12 | by ( Leah Groth | ) www.businessinsider.com time to read: +6 min

I took my kids to a family-centric, all-inclusive resort in Mexico this summer. My kids had fun, but I was the one who needed to be taken care of, and I loved it. There was only one option that made sense: An all-inclusive resort. The magic of an all-inclusive resort is that when your kids don't eat their steak or their $20 chicken nuggets, it doesn't make you want to cry inside. While I can't live at an all-inclusive resort or afford to hire a personal butler to take care of my needs 24/7, I am worth investing in.

Persons: I'm, —, tasker, Kitty, Yari Organizations: Service, resort's Kids Locations: Mexico, Caribbean, American

☆ Meet Jeff Smith, the hedge-fund investor taking on Pfizer
▼ + stars: | 2024-10-07 | by ( Alex Morrell | ) www.businessinsider.com time to read: +7 min

Starboard Value has taken a $1 billion stake in drugmaker Pfizer. The hedge fund, headed by Jeff Smith, has become one of the most feared activist investors. AdvertisementPharmaceuticals giant Pfizer got a wake up call Sunday evening when one of Wall Street's most feared activist investors revealed a stake in the company. AdvertisementPfizer, with a market cap north of $160 billion, is among the largest companies Starboard's Smith has ever targeted. With less than a 10% stake Smith replaced the entire 12-person board and assumed the role of chairman.

Persons: Jeff Smith, —, Smith, Starboard's Smith, Ian Read, Frank D'Amelio, Ken Squire, Paul Singer, Elliott, Carl Icahn, Dan Loeb, Peter Feld, Olive Garden's, Marc Benioff, Brontë Wittpenn, Brontë, Squire, they're, Albert Bourla, Bourla, wagered Organizations: Pfizer, Service, Pharmaceuticals, 13D, Investor, Lazard, Elliott Management, Icahn Enterprises, Cowen Group, AOL, Darden Restaurants, Olive Garden, Longhorn, Darden, Wall, San Francisco, Getty, Smithfield Foods, Bristol, Myers Squibb, Celgene, Autodesk, Starbucks Locations: Olive Garden, Fortune, America, Olive, Washington

☆ This woman has been on 17 cruises in the past year. Here are her 9 tips for first-time, budget, and solo cruisers.
▼ + stars: | 2024-09-29 | by ( Brittany Chang | ) www.businessinsider.com time to read: +10 min

So far, she's been on 17 sailings — 11 with Norwegian Cruise Line and some back-to-back — since she left the US one year ago. If you're a first-time, budget, or solo cruiser, Thomas has nine suggestions for you, from sailing solo to finding the cheapest cruise. Thomas suggests travelers wanting to achieve loyalty status should test two or three companies before settling on a favorite. In 2024, Norwegian Cruise Line introduced solo interior, ocean view, and balcony cabins on top of its existing "studios" designed for single travelers. Norwegian Cruise LineSome cruise companies charge solo travelers a "single supplement" fee to compensate for lost revenue on dual occupancy cabins.

Persons: Shirene Thomas, —, Thomas, Villa Vie's, she's, Brittany Chang, Taylor Rains, she'll, there's, Pieter De Boer, it's, Jason Liberty Organizations: Villa, Service, Cruise Lines International Association, Sea Cruises, Norwegian Cruise Line, Cruise, Cruise Line, Firenze, Business, Facebook, Royal, upcharges, Royal Caribbean, Oasis Class, Seas Locations: Wilmington , North Carolina, Norwegian, CocoCay, —, New Orleans, Barcelona, Florida's Port Canaveral

☆ My husband and I spent $275 at Fleming's Steakhouse. The pricey restaurant was better suited for business dinners than date nights.
▼ + stars: | 2024-09-27 | by ( Andrea Mchugh | ) www.businessinsider.com time to read: +1 min

My husband and I visited Fleming's Prime Steakhouse and Wine Bar for a date night. Most of our food was delicious, but at $275, we didn't feel our meal was worth the high price tag. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . So, for a recent date night, my husband and I went to Fleming's Prime Steakhouse and Wine Bar.

Persons: — Organizations: Service, Fleming's, Wine, Omni, Bloomin, Inc, Outback Locations: ribeye, Los Angeles, Dallas, Nashville, Atlanta, Providence , Rhode Island, California

☆ Israel issues rare warning to Lebanese civilians and Johnson's new strategy to avert a shutdown: Morning Rundown
▼ + stars: | 2024-09-23 | by ( Elizabeth Both | Elizabeth Both Is An Associate Platforms Editor For Nbc News | Based In New York. | ) www.nbcnews.com time to read: +8 min

House Speaker Mike Johnson makes a deal with Democrats in an attempt to avert a shutdown. Israel launches ‘’extensive’’ strikes across Lebanon. Johnson’s CR should sail through the House — with backing from a large number of Republicans and Democrats. Donald Trump said he doesn’t believe he would run for office again in four years if he loses the November election. Aziz Taher / ReutersThe Israeli military warned civilians in southern Lebanon to move away from Hezbollah positions this morning as it intensified attacks on its neighbor.

Persons: Mike Johnson, ‘, Tom Williams, Donald Trump, Trump, Johnson, Joe Biden, Chuck Schumer, Johnson’s, —, doesn’t, Aziz Taher, “, Daniel Hagari, pagers, ”, NFL Dale Zanine, Greg Rosenstein, 🤩, Rav e, Rob, bev e rage spa, hur Organizations: Israel, NFL, Getty, White, SAVE, Trump, CR, Israel Defense Forces, NBC News, Hezbollah, Police, NBC, Sports, ste Locations: Lebanon, Washington, Tyre, Israel, Beirut, Birmingham , Alabama, Birmingham

Harris builds momentum over TrumpWith just over six weeks until Election Day, a new national NBC News poll finds Vice President Kamala Harris with a 5-point lead over former President Donald Trump among registered voters, 49% to 44%. Still, Trump holds important advantages on the economy and inflation, as voters rank cost of living as their top concern in the election. But other key voting blocs — including Latino voters, seniors and independents — haven’t changed as much. Mark Robinson “has an obligation to defend himself” following reports last week that Robinson made lewd posts on a pornographic website over a decade ago. Billionaire donations: The nation’s wealthy opened their wallets in August, pouring millions into super PACs backing Harris and Trump.

Persons: Harris, Kamala Harris, Donald Trump, Trump, Joe Biden’s, Jiachuan Wu, Harris ’ favorability, — haven’t, Mike Johnson, Johnson, Al Jazeera’s, Walid al, ”, Truman Fitzgerald, “, GOP Sen, Lindsey Graham, Mark Robinson “, Robinson, ” Graham, ” Sen, JD Vance, it’s “, Mark Robinson, John Fetterman of, Kristen Welker, Sharyl, ” Trump, doesn’t, Sean “ Diddy ” Combs, Paras Griffin, Combs, Serna Stefany Serna, Serna, 🏈 Organizations: Trump, NBC News, NBC, Biden, Sunday, IDF, West Bank, Al, Al Jazeera Network, Manhunt, ” Birmingham Police, ” Police, Press South, GOP, Press, Gov, CNN, “, Local, Serna, ” Management Locations: Israel, Lebanon’s, Gaza, Beirut, Al, Ramallah, Al Jazeera, Alabama, Birmingham , Alabama, North Carolina, NAZI, Springfield , Ohio, Charleroi , Pennsylvania, Atlanta, Coral Gables , Florida, Miami

Stefany Serna, 30s, Miami, Florida Working in Miami's high-end restaurants where she has developed a strong reputation among patrons. Thanks to an informal connection to her landlord, the costs for the home she shares with her partner are below market prices. Serna said Miami Springs, a small upper-middle-class city just north of Miami International Airport, is a place where everyone more or less knows each other. According to Zillow, the average market rent for such a two-bedroom in Miami Springs is $2,800. “But I’m afraid I won’t be able to stay here because I can’t afford it in the long run.”

Persons: Stefany Serna, Serna, ” Serna, she’d, ’ ” Serna, Zillow, “ It’s, ”, “ Organizations: NBC, Dade, Cuban, Miami International Airport, U.S ., Miami, ” Management Locations: Miami, Florida, Coral Gables, Miami Springs, U.S, East Coast, ”

☆ Olive Garden strikes a deal with Uber to deliver its food
▼ + stars: | 2024-09-19 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Once a holdout on using third-party services, Olive Garden is reversing course and will use Uber to deliver breadsticks and pasta. Olive Garden already offers delivery through its website and app, delivered by the restaurant’s employees. Even during the height of the pandemic, Olive Garden didn’t use the services, although the services benefited their competitors. The partnership likely alleviated some of the pain of a dismal quarter for Olive Garden, which reported a 2.9% drop in same-store sales for the quarter. Olive Garden doesn’t offer many discounts, like its competitors do.

Persons: Uber, Olive Garden, Olive, ”, Rick Cardenas, ” Darden, Darden, Ruth Chris Organizations: New, New York CNN, Darden, it’s, Olive, Longhorn Locations: New York, Olive

"Food Wars" hosts Harry Kersh and Joe Avella travel across Las Vegas to find the best steakhouse in the city. They'll be visiting three locations in just one day to see what the city has to offer. This is "Food Tours." This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now.

Persons: Harry Kersh, Joe Avella Organizations: Business Locations: Las Vegas

☆ Darden Restaurants earnings disappoint as Olive Garden, fine dining sales struggle
▼ + stars: | 2024-09-19 | by ( Amelia Lucas | ) www.cnbc.com time to read: +3 min

Darden Restaurants on Thursday reported weaker-than-expected quarterly earnings and revenue as sales weakened at Olive Garden and its fine dining restaurants. Net sales rose 1% to $2.76 billion, but the company's same-store sales declined 1.1% in the quarter. Darden's fine-dining segment, which includes Eddie V's and The Capital Grille, reported same-store sales declines of 6%. LongHorn Steakhouse was the company's only division to report same-store sales growth. The chain, a top performer in Darden's portfolio since the pandemic, saw same-store sales growth of 3.7%.

Persons: Rick Cardenas, Darden, Raj Vennam, Olive Garden's, Eddie V's, Ruth's Chris Steak, Chris Organizations: Darden, Olive, LSEG, LongHorn, Chuy's Holdings Locations: Olive, Chicago , Illinois, Tex

☆ The Fed goes big — a nice jumpstart to lowering mortgage rates and boosting housing plays
▼ + stars: | 2024-09-18 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

The Fed was widely expected to lower short-term interest rates, but the 25 basis points versus 50 debate raged right up until the announcement. Mortgage rates: We talked last week during our September Monthly Meeting about how housing activity can start to pick up when mortgage rates fall off their cycle highs to somewhere in the range between 5% and 6.5%. However, what the data shows is how sensitive activity is to every dip in mortgage rates. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Jerome Powell, Stanley Black, Decker, Mortgage Banks, Jim Cramer's, Lisa Su, Oliver Garden, Jim Organizations: CNBC, ., Federal Reserve, Stanley, Mortgage, Micro, LongHorn, Darden, Jim Cramer's Charitable

☆ I ordered the same meal at STK and Capital Grille. One steak was the best I've ever had, but the other was the opposite.
▼ + stars: | 2024-09-16 | by ( Steven John | ) www.businessinsider.com time to read: +1 min

I ordered a strip steak and a Caesar salad at STK and Capital Grille to compare the chains. STK served one of the best steaks I've ever had, but the meal there was twice as expensive. The Caesar salad at Capital Grille was excellent, but I really wasn't impressed by its steak. Go to newsletter preferences Thanks for signing up! AdvertisementBoth STK Steakhouse, which has 20 locations in the US and a few more overseas, and Capital Grille, which has over 70 locations across the States, Mexico, and Costa Rica, have much to offer their diners.

Persons: Caesar, STK, — Organizations: Service, Business Locations: States, Mexico, Costa Rica, Midtown Manhattan

☆ I took my 8-month-old on a cruise. I was surprised at how baby-friendly it was, and I'm ready to go on one again.
▼ + stars: | 2024-09-15 | by ( Marissa Willman | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Although I'd been a longtime cruise naysayer, I decided to take a chance last month and solo travel with my then 8-month-old daughter on a Royal Caribbean cruise. Cruise ships offer flexibility to adapt to a baby's mood easilyOn a cruise ship, there are dozens of options for dining, entertainment, and activities right outside your door, making it an incredibly flexible vacation option. This flexibility was especially handy for a mom traveling solo. After we settled into our cabin, the traveling came to us — and as a solo mom, I can't imagine an easier way to travel with an infant.

Persons: —, I'd, cuddles Organizations: Service, Business, Royal Locations: Royal Caribbean, Bahamas

☆ The Hard-Partying Lawyers Who Get Negligent Companies to Pay Billions
▼ + stars: | 2024-09-05 | by ( Jack Newsham | ) www.businessinsider.com time to read: +23 min

In 2023, mass-tort lawyers spent $152 million on TV ads and millions more on social media. The data provider X Ante estimated that in 2023, mass-tort lawyers spent $152 million on TV ads and millions more on social media. The decades that followed mass torts' onset on the national stage showed the big risks and big rewards of mass torts. AdvertisementIn a class action, a settlement is public, and the judge has to approve the lawyers' fees. But others are confident that indebted mass-tort lawyers can bounce back from a few bad bets.

Persons: Mike Papantonio, Pap, Johnson, Paul Cody, Bayer, Chris Seeger, audibles, Budd, Ness Motley, Motley Rice, South Carolina —, doling, Seeger, Wyeth, Phil Federico, Paul Hanly who'd, Federico, Lejeune, who've, Camp Lejeune, mack, Curt Miner, I've, Don Worley, Worley, —, Daniel A, Mark Lanier, wouldn't, Elizabeth Chamblee Burch, Burch, Ellen Relkin, Merck, Vioxx, There's, Lucian Pera, Keller Postman, Jeremy Troxel, Keller, Troxel, Michael McDonald, Warren Postman, Postman, Kelsey Vlamis, Jack Newsham Organizations: Wynn, Vegas, Camp Lejeune, pharma, Supreme, X, Pfizer, Defense, Marines, Veterans, Foreign, US Marine Corps, Johnson, University of Georgia, Business, Intuit, Rihanna, Morning Investments, Fortress Investment, Gramercy Funds, Deepwater, Investments Locations: Camp, Texas, South Carolina, Baltimore, North Carolina, Camp Lejeune, America, Beverly Hills , California, nonbanks

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