Darden Restaurants said CEO and chairman Clarence Otis is resigning as the company focuses on its Olive Garden chain following the Red Lobster sale.» Read More
WASHINGTON-- The Supreme Court won't hear a Florida man's attempt to challenge the use of full-body scanners at airports.
Oct 1- Standard& Poor's Ratings Services said today that it assigned its' BBB' rating to Orlando- based Darden Restaurants Inc.' s.
COLUMBUS, Ga.-- Carmike Cinemas Inc. said Monday that it has bought 16 theaters for $19 million in cash, part of Carmike's push to expand through acquisitions. The theater chain bought the theaters, which have 251 screens, from Rave Reviews Cinemas LLC, which is owned by investment firm BV Investment Partners.
NEW YORK-- Red Lobster isn't just for the seafood lover in you. Red Lobster also is increasing the number of dishes that cost less than $15 to attract customers who have cut back on spending. The chain, which is owned by Darden Restaurants Inc., says a quarter of the items on its menu will be non-seafood dishes, up from 8 percent.
The airplane taking the Baltimore Orioles to St. Petersburg, Fla. on Sunday night had its flight diverted to Jacksonville because of smoke in the forward galley. The Orioles resumed their trip on the same aircraft, leaving Jacksonville International Airport at 10:15 p.m..
LAS VEGAS-- A Brooklyn Bowl entertainment venue, a Yard House beer bar and an Asian-themed food and art marketplace are among anchor tenants coming to a master-planned complex being built at the base of a big new Las Vegas Strip observation wheel, Caesars Entertainment Corp. officials will announce Monday.
MIAMI-- Heating and cooling company Watsco Inc. said Monday that its board declared a special cash dividend of $5, totaling about $172 million, and a regular quarterly cash dividend of 62 cents. Albert Nahmad, Watsco's chairman CEO, said the special dividend shows management's confidence in the company and its continued ability to generate free cash flow.
MIAMI-- The Travel Channel has spent years telling stories about where people go, but now they're doing a show on how people get there. "Airport 24/ 7: Miami" offers viewers a behind-the-scenes look at what it takes to move more than 100,000 travelers each day through Miami International Airport.
Oct 1- General Motors Co is recalling about 41,000 Chevrolet, Pontiac and Saturn cars in the United States because of concerns that a defective plastic part might cause a fuel leak, according to the National Highway Traffic Safety Administration.
WASHINGTON-- The U.S. Chamber of Commerce, which has spent tens of millions of dollars on television ads to help boost Republican congressional candidates, launched an extensive effort on Monday to mobilize voters. It also will include information on House and Senate races and a comparison of the candidates on the issues.
NEW YORK-- American Airlines says a Boston to Miami flight had to make an emergency landing at JFK airport over the weekend due to a row of dislodged seats. The unit of AMR Corp. said in a statement that passengers in the affected row were moved to three other seats. Passengers aboard the flight were placed on another aircraft for the trip to Miami.
NEW YORK Oct 1- Hedge fund manager Zack Buckley made the case against data analytics company Splunk Inc, sending the recently public company's shares falling on Monday.
CLEVELAND-- A former fugitive suspected of running a $100 million cross-country scam collecting donations for Navy veterans has been identified as a Harvard- trained attorney wanted on unrelated fraud charges since 1987, authorities said Monday.
Using data from USASpending.gov,an OMB website, CNBC.com presents the 10 states that received the most federal dollars per capita in fiscal year 2011.
Mitt Romney said "There are 47 percent of the people who pay no income tax." Who are these people, and why are they exempt? Click to see which states have the highest number of people who pay no federal income tax.
Stepping up his criticism of Mitt Romney's caught-on-tape moment, President Obama said his Republican rival's comments about voters suggest he doesn't know Americans very well.
Unemployment ballooned to 11.7 percent last August in Florida's Space Coast, but since then, there's been an impressive infusion of positive energy — not to mention millions of investment dollars ... and jobs
Many of the players and parts are obvious; local leaders, governors and members of Congress, CEOs, friends of the candidate, family members. What stands out are the Main Street Americans, everyday people, making cameo appearances. Here's how they get picked.
CNBC's John Harwood provides a preview of what to expect, as the GOP gathers for another day of activities and speeches at the Republican National Convention in Tampa.
Michael Crowley, Time deputy Washington bureau chief, weighs in on Ann Romney and Gov. Chris Christie's debut last night at the Republican National Convention.