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Wall Street loses ground as tech stocks sink again

Wall Street loses ground as tech stocks sink again

By STAN CHOE, AP Business Writer

NEW YORK (AP) — Wall Street is losing ground Wednesday under the weight of sinking technology stocks.

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The S&P 500 fell 1%, coming off its fourth drop in the last five days. The Dow Jones Industrial Average rose 39 points, or 0.1%, as of 12:55 p.m. Eastern time, and the Nasdaq composite fell 2.2%.

Most stocks within the S&P 500 are rising, but falling technology stocks are weighing on the index for a second straight day. Advanced Micro Devices dropped 17.3% even though the chip company reported a stronger profit for the latest quarter than analysts expected. It also gave a forecast for revenue for the start of 2026 that topped analysts’ expectations, but that may not have been enough for investors after its stock had doubled over the last 12 months. read more

My quest for an affordable summer camp without sacrificing my savings

My quest for an affordable summer camp without sacrificing my savings

By Amanda Barroso, NerdWallet

The investing information provided on this page is for educational purposes only. NerdWallet, Inc. does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments.

The year has barely started, and my kindergarten parents group chat is already buzzing with summer camp anxiety. Registrations are opening and spots fill fast.

I’ve been doing research and here’s what I’ve learned: Camps aren’t cheap. But there are creative ways to work camp into your spending plan, this year and next.

The cost of summer camp

For many families with school-aged kids like mine, summer camps are a necessity. Schools are out and many parents work full-time. Summer camps fill an important child care gap.

But even for parents who are high earners, paying for camps can be a shocking expense. If you have more than one kid, paying for camp can seem almost impossible.

Affordable options do exist, says Henry DeHart, CEO of the American Camp Association, which oversees a national accreditation program for camp health and safety. read more

Which Bahama Breeze restaurants are closing? Converting? Here’s a list

Which Bahama Breeze restaurants are closing? Converting? Here’s a list

Orlando-based Darden Restaurants will be closing all of its remaining Bahama Breeze locations nationwide, ending the brand after 30 years.

Half of the 28 Bahama Breeze locations across the country will be converted into Darden’s other restaurant brands over the next 12 to 18 months and are expected to continue operating until any temporary closures are needed to convert them, the company said. The other 14 will be permanently closed as of April 5.

Here is a list of Bahama Breeze locations planned for closing and conversion. The company has not announced specific plans for the converted restaurants.

CLOSING RESTAURANT LOCATIONS

500 Center Blvd., Newark, DE

3590 Breckenridge Blvd., Duluth, GA

12395 SW 88th St., Miami, FL

10205 Rivercoast Drive, Jacksonville, FL

1251 West Osceola Pkwy., Kissimmee, FL

11000 Pines Blvd., Pembroke Pines, FL

1540 Rinehart Road, Sanford, FL

19600 Haggerty Road, Livonia, MI

2000 Route 38, Cherry Hill, NJ

3309 Wake Forest Drive, Raleigh, NC

320 Goddard Blvd., King of Prussia, PA

6100 Robinson Center Drive, Pittsburgh, PA read more

2 Central Florida restaurants shut down last week

2 Central Florida restaurants shut down last week

The Department of Business and Professional Regulation shut down two Central Florida restaurants for health code violations during the week from Jan 25-31.

Orange

Lily’s Creole Restaurant at 607 Pine Hills Road in Orlando shut down on Jan. 26. Inspectors found 16 violations, one of which was a high priority for more than 120 rodent droppings found behind the prep cooler, 50 on the perimeter of a wall room where a chest freezer is located and 20 behind the hot water heater. A second inspection occurred on Jan. 27. Inspectors found 11 violations, none of which were high priority. The restaurant met inspection standards.

Volusia

Iron Axe Bar & Grill, Inc. at 2842 S Ridgewood Ave. in South Daytona shut down on Jan. 30. Inspectors found 18 violations, five of which were high priorities. Those violations included more than 65 rodent droppings found around the restaurant, a stop-sale issued on food due to temperature abuse, an employee failing to wash their hands before putting on gloves to work with food and raw food stored next to ready-to-eat food. A second inspection occurred the same day. Inspectors found eight violations, none of which were a high priority. The restaurant met inspection standards. read more

Darden to close all remaining Bahama Breeze locations

Darden to close all remaining Bahama Breeze locations

Orlando-based Darden Restaurants announced Tuesday it would be closing all of its remaining Bahama Breeze locations nationwide, ending the brand after 30 years.

Half of the 28 Bahama Breeze locations across the country will be converted into Darden’s other restaurant brands over the next 12 to 18 months and are expected to continue operating until any temporary closures are needed to convert them, the company said. The other 14 will be permanently closed as of April 5.

Darden said it doesn’t expect the closures to have a material impact on its financial results.

“The company believes the conversion locations are great sites that will benefit several of the brands in its portfolio,” Darden said. “Going forward, the primary focus will continue to be on supporting team members, including placing as many as possible in roles within the Darden portfolio.”

The first Bahama Breeze location opened on International Drive in 1996 and was an instant hit. Its Caribbean-inflected menu includes such offerings as Yuca Cheese Sticks, Chicken Tostones and Coconut Shrimp, along with a selection of Mai Tais, Mojitos and Margaritas. read more