Cracker Barrel Announces Major Restructuring, Sells Maple Street Biscuit Company and Raises Outlook
Cracker Barrel simplifies operations, sells Maple Street Biscuit Company, reduces debt via sale-leaseback, and lifts full-year financial guidance.
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Planet Fitness Exits Australian Stake as Franchise Equity Partners Buys Bravo Fit
Wells Fargo sees recovery potential from Planet Fitness’ turnaround efforts and weight-loss drug trends as Q2 earnings approach.
Taco Bell Traffic Sinks After Lettuce Tied to Cyclospora Parasite Outbreak
Sweetgreen, Chipotle, Chopt, and Panera also saw customer traffic decline as the Cyclospora lettuce outbreak linked to Taco Bell raised broader concerns among salad-focused chains.
US Judge Orders 14-Day Pause on $110 Billion Paramount-Skydance Warner Bros. Merger
12 states’ lawsuit creates new uncertainty and ticking fees pressure.
Magnolia Oil & Gas Acquires WildFire Energy in $4.06 Billion Deal to Expand South Texas Footprint
The deal adds over 810,000 net acres, boosts production by 53,000 boe/d, and includes key infrastructure assets.
Archer and Anduril Unveil Thunder: Autonomous Hybrid VTOL for Commercial and Defense Missions
The autonomous platform offers extended range and is set for first flight in 2027.