NEW YORK - Darden Restaurants CEO and Chairman Clarence Otis is stepping down as the company fights to fix its flagship Olive Garden chain following its contested sale of Red Lobster.
When Family Dollar announced plans in April to shutter 370 stores and slash its prices after another disappointing earnings report, most industry observers were convinced it was only a matter of time before the struggling discount retailer changed hands.
NEW YORK (Reuters) - World stock markets were little changed on Monday while the U.S. dollar traded mostly flat against a basket of major currencies ahead of key U.S.
The Federal Aviation Administration proposed a $12 million fine against Southwest Airlines Co. on Monday because of unapproved airplane repairs.
Herbalife's second-quarter results marked the first time since 2008 that the seller of protein powders, supplements, teas and juices had missed earnings estimates.