Browsed by
Author: dzadmin

Cracker Barrel lowers revenue forecast as traffic falls after logo blowup

Cracker Barrel lowers revenue forecast as traffic falls after logo blowup

Comments 0 Comment

By DEE-ANN DURBIN

Cracker Barrel posted lower-than-expected sales in its fiscal first quarter and trimmed its revenue forecast for the year as it continued to feel the fallout from a botched plan to revamp its logo and restaurants.

Related Articles

The Lebanon, Tennessee-based restaurant chain said Tuesday its revenue fell 5.7% to $797.2 million in the three months ending Oct. 31. That was lower than the $800 million Wall Street anticipated, according to analysts polled by FactSet.

Cracker Barrel said its same-store restaurant sales dropped 4.7% while sales in its retail shops dropped 8.5%. Those declines were also slightly higher than analysts forecast. read more

NASA astronaut back on Earth after 8 months on space station

NASA astronaut back on Earth after 8 months on space station

Comments 0 Comment

NASA astronaut Jonny Kim flew home from the International Space Station packed tight with two Roscosmos cosmonauts, their Soyuz spacecraft landing Tuesday in the frozen steppes of Kazakhstan to complete an eight-month stay in space.

Kim launched to to the station back on April 8 with cosmonauts Sergey Ryzhikov and Alexey Zubritsky aboard the Soyuz MS-27 spacecraft and spent nearly 245 days in space, as part of Expeditions 72 and 73 on board the station.

It was Kim’s first spaceflight, and he was the penultimate member of his 11-member NASA astronaut class, known as The Turtles, to make it to space. The final member, Zena Cardman, remains on board the station having flown up as a member of Crew-11, which isn’t slated to return until early 2026.

Kim and his Soyuz crewmates landed at 12:03 a.m. EST (10:03 a.m. local time) in near Dzhezkazgan, Kazakhstan having departed the station a little more than three hours earlier.

The Soyuz MS-27 spacecraft is seen as it lands in a remote area near the town of Zhezkazgan, Kazakhstan with Expedition 73 NASA astronaut Jonny Kim, and Roscosmos cosmonauts Sergey Ryzhikov, and Alexey Zubritsky aboard, Tuesday, Dec. 9, 2025. The trio are returning to Earth after logging 245 days in space as members of Expeditions 72 and 73 aboard the International Space Station. (Bill Ingalls/NASA)
The Soyuz MS-27 spacecraft is seen as it lands in a remote area near the town of Zhezkazgan, Kazakhstan with Expedition 73 NASA astronaut Jonny Kim, and Roscosmos cosmonauts Sergey Ryzhikov, and Alexey Zubritsky aboard, Tuesday, Dec. 9, 2025. The trio are returning to Earth after logging 245 days in space as members of Expeditions 72 and 73 aboard the International Space Station. (Bill Ingalls/NASA)

Their tiny capsule, with a snug fit for the three humans, came in for a parachute-assisted touchdown but tipped to one side before recovery crews were able to converge on the spacecraft and help the three space travelers out. read more

Google facing a new antitrust probe in Europe over content it uses for AI

Google facing a new antitrust probe in Europe over content it uses for AI

Comments 0 Comment

By KELVIN CHAN

LONDON (AP) — Google faces fresh antitrust scrutiny from European Union regulators, who opened an investigation Tuesday into the company’s use of online content for its artificial intelligence models and services.

Related Articles

The latest regulatory flexing by Brussels risks antagonizing President Donald Trump’s administration, though EU officials denied they were singling out American Big Tech companies.

The European Commission, which is the 27-nation bloc’s top antitrust enforcer, said it’s examining whether Google has breached competition rules through its use of content from web publishers and material uploaded to YouTube for AI purposes. read more

US job openings barely budged in October, coming in just below 7.7 million

US job openings barely budged in October, coming in just below 7.7 million

Comments 0 Comment

By PAUL WISEMAN, AP Economics Writer

WASHINGTON (AP) — U.S. job openings barely budged in October, coming in at 7.7 million with ongoing uncertainty over the direction of the American economy.

Related Articles

The Labor Department reported Tuesday that employers posted 7.67 million vacancies in October, close to September’s 7.66 million.

The Job Openings and Labor Turnover Survey (JOLTS), which was delayed by the extended government shutdown, also showed that the layoffs rose to almost 1.9 million, most since January 2023. And the number of people quitting their jobs — a sign of confidence in the labor market — fell in October, suggesting that “businesses seeking to control labor costs will have to pivot to active layoffs, lifting unemployment, rather than rely on natural attrition,” Samuel Tombs, chief U.S. economist at Pantheon, wrote in a commentary. read more

Wall Street drifts near its record high as Exxon Mobil climbs

Wall Street drifts near its record high as Exxon Mobil climbs

Comments 0 Comment

By STAN CHOE, AP Business Writer

NEW YORK (AP) — U.S. stocks are drifting on Tuesday as Wall Street waits to hear what the Federal Reserve will say on Wednesday about where interest rates are heading.

Related Articles

The S&P 500 rose 0.1%, coming off just its second loss in the last 11 days, and pulled closer to its all-time high set in October. The Dow Jones Industrial Average was down 89 points, or 0.2%, as of 12:49 p.m. Eastern time, and the Nasdaq composite was 0.2% higher.

Exxon Mobil was one of the strongest forces lifting the market. It climbed 2.5% after increasing its forecast for profit over the next five years, thanks in part to strength for its fields in the Permian basin in the United States and off Guyana’s shore. read more