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'We're working on the right things to accelerate growth', says Brinker's CEO Kevin HochmanBrinker International President and CEO Kevin Hochman joins 'Mad Money' host Jim Cramer fresh off the company's investor day which saw the stock drop more than 6% during the trading day.
Persons: Kevin Hochman Brinker, Kevin Hochman, Jim Cramer Organizations: Kevin Hochman Brinker International
MLB roundup: Corbin Carroll, D-backs sink Rockies
  + stars: | 2023-06-02 | by ( ) www.reuters.com   time to read: +5 min
Mandatory Credit: Joe... Read moreJune 2 - Corbin Carroll's two-run single with two outs in the bottom of the ninth inning gave the Arizona Diamondbacks a 5-4 victory over the Colorado Rockies on Thursday in Phoenix. Musgrove (3-2) went six innings, allowing an unearned run, three hits and three walks while fanning three. Blue Jays 3, Brewers 1Kevin Gausman struck out 11, Matt Chapman hit a two-run home run and host Toronto defeated Milwaukee. Starter Freddy Peralta (5-5) allowed three runs, six hits and two walks while striking out three in six innings. Mike Zunino had a two-run single to highlight the Guardians' five-run sixth inning.
Persons: Corbin Carroll, Geraldo Perdomo, Joe, Read, Corbin Carroll's, Gabriel Moreno, Pierce Johnson, Ketel Marte, Moreno, Carroll, Harold Castro, Nolan Jones, Brenton Doyle, Jurickson, Fernando Tatis Jr, Joe Musgrove, Tatis, Musgrove, Jesus Luzardo, Jonathan Davis, Austin Nola's, Luis Arraez's, Arraez, Kevin Gausman, Matt Chapman, Bo Bichette, Freddy Peralta, Max Scherzer, Mark Canha, Jeff McNeil, Canha, Taijuan Walker, Nick Castellanos, Willi Castro, Royce Lewis, Michael A, Taylor, Griffin Jax, Mike Zunino, Will Brennan, Gabriel Arias, Chris Sale, Chris Martin, Enrique Hernandez, Kevin Herget, Alex Bregman, Kyle Tucker, Houston's Ronel Blanco, Ryan Pressly, Brandon Drury, Hunter Renfroe, Reid Detmers Organizations: Arizona Diamondbacks, Colorado Rockies, Chase, Diamondbacks, Rockies, Padres, Marlins, San Diego, Miami, The Marlins, Blue Jays, Brewers, Toronto, Milwaukee, Mets, Phillies, Philadelphia, Minnesota, Cleveland, Twins, Cleveland . Red Sox, Reds, Boston, Cincinnati, Red Sox, Astros, Angels, Houston, Los, Thomson Locations: Phoenix , Arizona, USA, Phoenix, Colorado, Marte, York, Minneapolis, Los Angeles
Chili's has hired staff to bus tables and streamlined preparation, according to the New York Times. Some have found it at Chili's, according to the New York Times. In the early years of the pandemic, Chili's experimented with technology, such as a robot server, to handle the labor shortage and increase efficiency. "When you go out to eat you want to be waited on, and that hasn't changed," Hochman told the Times. Jasmine Owens, a longtime bartender at a Chili's outside of Atlanta, told the Times that customers would scream and toss their food during the pandemic.
Persons: Chili's, , Kevin Hochman, Hochman, hasn't, Jasmine Owens, Owens Organizations: New York Times, Service, Times, Brinker International, Restaurant Industry Locations: Chili's, Dallas, State, Atlanta
Leann Emmert and Katrina Elder, who work in the film industry, used to spend weekends checking out the newest Los Angeles restaurants. The couple has been largely sticking to a neighborhood restaurant with consistently good food and that everybody-knows-your-name feeling. “Great food in the absence of hospitality is not a great value,” he said. He told managers to hire workers to bus tables, a task that in recent years had fallen largely on servers. He simplified both the tablets that servers use to take orders and the way some dishes are prepared and plated.
Cannes 2023: All the Style on the Riviera’s Red Carpet
  + stars: | 2023-05-19 | by ( Kevin Huynh | ) www.wsj.com   time to read: 1 min
Cannes 2023: All the Style on the Riviera’s Red CarpetSee what Harrison Ford, Viola Davis and more stars wore to the annual film festival
HONG KONG, May 10 (Reuters) - China will appoint Li Yunze as the head of a new financial regulator as part of a broader restructuring of its financial regulatory regime, three sources with knowledge of the matter said on Wednesday. Li, 52, a banking veteran and currently vice governor of southwestern Sichuan province, will take the helm of the National Financial Regulatory Administration (NFRA), the sources told Reuters. The NFRA is a new government body under the State Council tasked to supervise the multi-trillion dollar financial industry, excluding the securities sector. Li has a relatively low-profile in the sector compared to previous financial regulatory heads. In 2018, he was appointed as vice governor of Sichuan province.
But American consumers have yet to take to live shopping in the same way. In 2016, the e-commerce giant Alibaba launched Taobao Live, popularizing live shopping in China. Alongside Poshmark, QVC’s parent company Qurate recently started Sune, a live shopping app targeting Gen Z. Last year, Walmart, YouTube and eBay added or expanded their live shopping features. “In a very few short months, they’re proving that this form of live shopping works,” he added, referring to Posh Shows sellers like Ms. Lazovic.
CNN —Jamie Foxx was hospitalized weeks ago but there’s still not much publicly known. Anyone who has followed Jamie Foxx’s career closely, however, shouldn’t be surprised by that. There has been practically no information released other than his family initially asking for privacy and a post last week on Foxx’s verified social media account. Foxx and Holmes reportedly split in 2019. So the silence surrounding Foxx’s “medical complication,” to use his family’s words initially, seems in keeping with how the performer conducts himself.
Ron DeSantis is heading into the heart of Trump country in central Wisconsin this weekend — and some of the former president’s supporters aren’t having it. But Republicans in central Wisconsin are showing serious interest in fresh blood. Hermening noted that the Lincoln Day event is on private property, which should keep any demonstrators at a distance. The event is on pace to also break a fundraising record, with an anticipated $30,000 in proceeds all set to go to the county party. NBC News has reported that the Florida governor is planning to step into the presidential fray later this month.
Jim Cramer goes one-on-one with Brinker International CEO Kevin HochmanBrinker International CEO Kevin Hochman joins 'Mad Money' host Jim Cramer to talk the company's quarterly earnings results, changes in Chili's restaurants, and menu updates.
Karlie Kloss in Loewe inspired by the 1983 Chanel collection. She announced on the carpet that she is pregnant with her second child. CJ Rivera/Invision/Associated Press
Karlie Kloss in Loewe inspired by the 1983 Chanel collection. She announced on the carpet that she is pregnant with her second child. CJ Rivera/Invision/Associated Press
McCarthy Gets a Debt-Ceiling Win
  + stars: | 2023-04-27 | by ( The Editorial Board | ) www.wsj.com   time to read: 1 min
Journal Editorial Report: Paul Gigot interviews former Trump White House economist Kevin Hassett. Had the vote failed, House Republicans would have lost all leverage over the debt ceiling, and the Senate and White House would have cut their own deal and then jammed the House. President Biden says he won’t sign the House bill, but the pressure is now on him to negotiate. The same for the Senate, which will have to pass a bill of its own or risk a U.S. default. Democrats can say they still won’t negotiate, but that is harder to do now that the House has a passed a bill to raise the limit.
WASHINGTON, April 26 (Reuters) - A Republican bill that would raise the U.S. government's $31.4 trillion and slash spending took a step forward in the House of Representatives on Wednesday, after party leaders agreed to last-minute changes in the face of opposition. House Speaker Kevin McCarthy allowed overnight changes to the bill aimed at assuaging Midwestern Republican concerns about biofuel tax credits and conceding to hardliners' calls to toughen work requirements for some low-income Americans. McCarthy told reporters on Wednesday that the House would vote later in the day. Other Republican critics including hardline House Freedom Caucus Chairman Scott Perry and Representative Nancy Mace said they had dropped their opposition to the bill. House Republicans are offering to increase Washington's borrowing authority by $1.5 trillion or until March 31, whichever comes first.
WASHINGTON, April 26 (Reuters) - Republican U.S. House Speaker Kevin McCarthy said lawmakers would vote on Wednesday on a bill to raise the $31.4 trillion federal debt ceiling and slash spending, despite lingering dissension within their ranks over the measure. Another critic of the bill, hardline House Freedom Caucus Chairman Scott Perry, said he and other conservatives who had held out for changes to work requirements were ready to move forward. Representative Kevin Hern, chairman of the 175-member Republican Study Committee, welcomed the changes, which he said most Republicans would support. Bending to the far-right wing of the party, Republicans also accelerated some new, tougher work requirements for receiving Medicaid healthcare benefits for the poor. House Republicans are offering to increase Washington's borrowing authority by $1.5 trillion or until March 31, whichever comes first.
WASHINGTON, April 26 (Reuters) - Republican U.S. House Speaker Kevin McCarthy said lawmakers would vote on Wednesday on a bill to raise the $31.4 trillion federal debt ceiling and slash spending, despite lingering dissension within their ranks over the bill. Representative Kevin Hern, chairman of the 175-member Republican Study Committee, welcomed the changes, which he said most Republicans would support. Several House Republicans, particularly from Midwestern states, had rebelled against that provision. Bending to the far-right wing of the party, Republicans also accelerated some new, tougher work requirements for receiving Medicaid healthcare benefits for the poor. House Republicans are offering to increase Washington's borrowing authority by $1.5 trillion or until March 31, whichever comes first.
Biden Is Transformational, and Not in a Good Way
  + stars: | 2023-04-26 | by ( Phil Gramm | Pat Toomey | ) www.wsj.com   time to read: +1 min
Journal Editorial Report: Paul Gigot interviews former Trump White House economist Kevin Hassett. Images: AP/Zuma Press Composite: Mark KellyFrom Wall Street to Silicon Valley, from the Permian Basin to the Chicago Loop, an iron net of regulation has descended across the American economy. Churchill’s metaphor conveys the magnitude of the onslaught and the peril it poses to the American economy and our freedom. We face not an errant regulator or an officious bureaucrat, but a sea change in the economy’s regulatory ecosystem. In the short term, President Biden’s regulatory tsunami will fuel inflation and make a recession more likely.
[1/2] Solar panels are set up in the solar farm at the University of California, Merced, in Merced, California, U.S. August 17, 2022. Their main question: will solar panels qualify if they are assembled in the United States using components made overseas? In February, top U.S. solar manufacturer First Solar Inc (FSLR.O) said it would delay further expansion decisions until Treasury releases its guidelines. A manufacturing group, Solar Energy Manufacturers for America (SEMA), said both manufacturers and developers want clear rules that will fuel growth. A potential approach could be to allow the bonus credit to apply to domestically available goods, with that standard changing over a set timeline.
A new study found the actors who are most likely to draw audiences to theaters are getting older. Most of the top 100 actors — with 13 exceptions — were age 40 or older, according to the study. 10 among Gen Z), Zendaya (No. 14 among Gen Z), Michael B. Jordan (No. But older actors also ranked highly with younger cohorts, including Hart and Sandler, who were the third and fifth biggest box-office draws respectively for Gen Z.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKevin Hart on tequila venture: I was waiting for the right opportunityActor and Gran Coramino co-founder Kevin Hart and Global Brand Equities CEO James Morrissey join 'Squawk Box' to discuss the actor's liquor venture, how he balances entertainment and investing, and more.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with actor Kevin Hart and Global Brand Equities CEO James MorrisseyActor and Gran Coramino co-founder Kevin Hart and Global Brand Equities CEO James Morrissey join 'Squawk Box' to discuss the actor's liquor venture, how he balances entertainment and investing, and more.
Sometime this summer, the Treasury Department will be unable to manage its debt under the current $31.4 trillion limit on borrowing, according to the Biden administration and the non-partisan Congressional Budget Office. "Don't bother with partisan wish lists and unrealistic proposals that will never solve this debt default crisis," Senate Majority Leader Chuck Schumer, a Democrat, warned House Republicans in a speech to the Senate. But Mace said McCarthy showed rank-and-file Republicans a series of options, projected onto a screen, that included the possibilities of a $1 trillion or $2 trillion debt limit increase with various time frames attached. Perry said referring to a debt limit hike. Hern did not respond directly when asked whether House Republicans would pare back funding for some federal law enforcement, such as the FBI, as former President Donald Trump has urged.
Republicans are finally reportedly ready to share their debt ceiling demands as a package. Their package would only raise the debt ceiling for a year, setting up another fight in the middle of the next election. The US is potentially mere months away from breaching the debt ceiling, meaning it'll be unable to pay for the spending that Congress has already authorized. Congress passed a clean debt ceiling raise three times under former President Donald Trump. "I'm very concerned about the debt ceiling," he said.
MLB roundup: Rays crush A's, run opening win streak to 9
  + stars: | 2023-04-10 | by ( ) www.reuters.com   time to read: +11 min
The Rays' matched the 2003 Kansas City Royals for the hottest streak to start a season in baseball's wild-card era. The Rays' plus-57 run differential through nine games is the largest ever in MLB since 1900. Padres starter Seth Lugo (2-0) gave up one run on five hits and four walks with five strikeouts over six innings to earn the win. Chicago starter Michael Kopech (0-2) gave up one run and two hits in six innings, with three walks and five strikeouts. Rangers starter Jon Gray (1-1) allowed Edwin Rios' two-run homer in the second inning.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJob gains and inflation have to slow to avoid recession, says Brookings’ Wendy EdelbergWendy Edelberg, a Brookings Institutions economic studies senior fellow, and Kevin Hassett, former Council of Economic Advisers chairman under President Donald Trump, join 'Squawk Box' to discuss the latest jobs numbers, consumer spending, and whether a recession can be avoided.
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