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LEADERSHIP

Darden Restaurants to Acquire Chuy's Holdings in $605 Million Deal

Darden said it will acquire all the outstanding shares of Chuy’s for $37.50 per share. The price represents a 40% premium to Chuy’s 60-day volume weighted price.

By Linda

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Hermes Bucks Luxury Slowdown With Higher Sales But Flags Weakness in China

The Birkin handbag maker reported higher sales for the second quarter, with wealthy customers helping it defy a global slowdown

By Linda

Uber and Lyft Win California Ruling to Treat Drivers as Contractors

The state’s Supreme Court decision preserves the gig-economy business model.

By Linda

Gucci Owner Kering's Earnings Hit by Turnaround, China Woes

The French luxury-goods group said it booked revenue of €9.02 billion, down 11% both as reported and on a comparable

By Linda

EVs Are Cheaper Than Ever. Can Car Buyers Be Won Over?

Discounts abound as automakers and dealers try to entice hesitant shoppers to make the switch.

By Linda

Delta Struggles to Regain Footing After Tech Outage

Passengers have filed hundreds of complaints against the carrier as it works to restore systems and locate available personnel.

By Linda

Gucci's Owner Lost His Patience. What Came Next Was a Grand Reinvention.

French billionaire François-Henri Pinault is taking hands-on approach as he scrambles to catch up to rival LVMH.

By Linda

The White-Collar Hiring Rut Is Here. That's Bad News for Young College Grads.

After a pandemic boom, hiring is down for jobs that require a bachelor’s degree. ‘These companies just got way, way

By Linda

Major IT Outage Grounds Flights, Hits Banks and Businesses Worldwide

An update from cybersecurity-software firm CrowdStrike caused outages for millions of users of Microsoft Windows devices.

By Linda