Finance & Business News

Outback Steakhouse Franchisee Files Bankruptcy After Costs Swell - Bloomberg.com

Cerca Trova Restaurant Group, once the biggest franchisee of Outback Steakhouse restaurants, filed bankruptcy Monday, blaming factors including rising food costs and California’s minimum wage law for its demise.

How US oil firms profit $130bn from Iran war as household bills surge - Al Jazeera

As energy from the Gulf and Russia take a hit, American oil and gas firms are the big gainers.

Peptides Are About to Flood the Market. And Bro Science Is Coming for Us All - GQ

Robert F. Kennedy Jr. authorized pharmacies to make a half a dozen barely researched peptides for use in the United States. What could go wrong?

Amazon’s latest report left stock investors with one big question - TheStreet

Northwood Hits $2 Billion Valuation Backed by a16z, DFJ Growth - Bloomberg.com

Northwood Space Corp., a maker of critical ground infrastructure for satellites, raised $375 million for investments needed to keep pace with rapidly growing satellite networks in space.

Here’s where Trump’s housing agenda stands before midterms - CNN

America’s housing market is paralyzed, with buyers pulling back and builders growing more pessimistic ahead of the midterms.

European Indexes Open Mostly Lower as Healthcare Stocks Slide - WSJ

Asian shares mostly advance but tech stocks remain volatile, while oil sinks 3.3% - Yahoo Finance

NEW YORK (AP) — A morning rally for U. stocks petered out on Monday as the tech and AI industries remained shaky following their sell-off last week.

Everyone Wants to Buy the Dip. That’s Starting to Worry Me - Barchart.com

Elon Musk says he is taking over an old Spam factory and a gun range to expand his Colossus 2 AI complex - Business Insider

Elon Musk named the new AI facilities at the Colossus 2 campus "Spam" and "Gun Range."

Why are San Antonio drivers waiting hours for emissions tests? - MySA

San Antonio’s first day of emissions inspections brought long lines and a state database glitch that left Bexar County shops unable to inspect vehicles.

Powerball Jackpot Grows to $793 Million—Here’s What a Winner Could Take Home After Taxes - Forbes