Texas Roadhouse on Thursday evening reported a mixed third quarter as stubbornly high beef prices continued to weigh on profitability, overshadowing what was otherwise the highest quarterly revenue, same-store sales, and traffic growth of the year. Revenue in the quarter ending Sept. 30 increased 12.8% year over year to $1.44 billion, exceeding the LSEG-complied Wall…
A growing number of travelers want more from their hotels than a soft bed and clean place to sleep. They want hotels that reflect their interests — be it art, music, fashion or work — and allow them to mingle with other travelers who share these passions too. That’s given lifestyle hotels a boost, with…
Supplemental Nutritional Assistance Program (SNAP) signage at a grocery store in Dorchester, Massachusetts, US, on Monday, Nov. 3, 2025. Mel Musto | Bloomberg | Getty Images A federal judge on Thursday ordered the Trump administration to pay full SNAP benefits for November by Friday, rejecting the administration’s plan to partially fund the food stamp program…
These specially configured A350-1000ULRs are expected to enable the world’s longest commercial flights. Qantas Australia’s Qantas on Friday revealed the first images of the specially configured Airbus aircraft set to enable the world’s longest commercial flights. The A350-1000ULR (Ultra Long Range) aircraft was depicted on the assembly line in Toulouse, France, with its fuselage sections,…
Shares of Airbnb rose as much as 5% in extended trading on Thursday after the company reported third-quarter results that beat analysts’ estimates for revenue and offered rosy guidance. Here’s how the company did based on average analysts’ estimates compiled by LSEG: Earnings per share: $2.21 vs. $2.34 cents expected Revenue: $4.10 billion vs. $4.08 billion expected…
A cargo ship loaded with foreign trade containers heads towards Qingdao Port in Qingdao City, Shandong Province, China, on November 5, 2025. Costfoto | Nurphoto | Getty Images China’s exports in October declined for the first time in nearly two years due to a high base effect and as businesses’ front-loading momentum tapered off ahead…
Tesla CEO Elon Musk attends the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. Hamad I Mohammed | Reuters Tesla CEO Elon Musk says the company will likely need to build a “gigantic” semiconductor fabrication plant to keep up with its artificial intelligence and robotics ambitions. “One of the things I’m trying to…
Tan Su Shan is the CEO and director of DBS Group. Bloomberg | Bloomberg | Getty Images With valuations in the U.S. stock market becoming increasingly stretched, the chief executive of Southeast Asia’s largest bank is warning investors to expect turbulence ahead. “We’ve seen a lot of volatility in the markets. It could be equities,…
US President Donald Trump speaks with the press as he meets with Indian Prime Minister Narendra Modi in the Oval Office of the White House in Washington, DC, on Feb. 13, 2025. Jim Watson | AFP | Getty Images In a sign of easing pressure on India, U.S. President Donald Trump said that trade talks…
The SAP Labs India Pvt. office in Bengaluru, India, on Thursday, on April 27, 2023. Global capability centers have evolved far beyond tech support, but their growth presents challenges for multinationals and Indian cities alike. Bloomberg | Bloomberg | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter, which brings you timely, insightful…
