Tesla CEO Elon Musk on Monday disclosed the purchase of about $1 billion in shares of the electric-vehicle maker in a show of confidence about the company’s future. A regulatory filing disclosed that Musk bought 2.57 million shares of Tesla stock on Friday at a price between $372.37 and $396.54 per share.Musk’s…

Buy now, pay later company Klarna is making its long-awaited initial public offering on Wednesday after raising $1.37 billion. The Swedish firm priced its IPO at a higher-than-expected $40, above the $35 to $37 expected range, valuing the company around $15 billion.COSTCO ROLLS OUT BUY NOW, PAY LATER FOR BIG…

A faith-based investment firm partnered with S&P Dow Jones Indices to create a new index and exchange traded fund (ETF) that will cater to evangelical Christian investors. Bountiful Financial and S&P Dow Jones collaborated to create the S&P 500 Christian Values Screened Index, which the firms announced as the first in…

Cracker Barrel’s leadership received a failing grade in a proxy advisory firm’s pay for performance metric last year before the company decided to move forward on an ill-fated rebranding effort. A report by proxy advisory firm Glass Lewis in Nov. 2024 ahead of a shareholder vote gave Cracker Barrel an…

Nuclear energy, left for dead over the past thirty years or so, is back.  “There has been a huge policy shift globally and there is now bipartisan support for nuclear, and we need it,” Jan VanEck, CEO of the firm that bears his name, told FOX Business’ Liz Claman. The rise…

Constellation Brands lowered its outlook for its current fiscal year as consumer demand for beer weakened, particularly for high-end beer purchases, amid a “challenging” economic climate. Constellation, which is the U.S. importer of Corona and Modelo, revised its net sales forecast for beer downward to a decline of 2% to 4%,…

Cracker Barrel’s attempt to rebrand its corporate logo spurred a viral backlash, prompting the company to backtrack. It occurred as the company’s leaders were attempting to address the restaurant chain’s weakening financial performance. The company’s stock surged in the years prior to the pandemic, reaching an all-time high of $185…

The viral controversy over Cracker Barrel’s decision to revamp its logo, which it has subsequently reversed in response to public backlash, has left the company’s CEO facing calls for her removal. Cracker Barrel CEO Julie Felss Masino joined the restaurant chain as CEO in July 2023 and the company’s board of directors…

Less than a week after the Cracker Barrel CEO appeared on “Good Morning America” and made the rounds celebrating the company’s new logo, the restaurant chain known for its old-time feel, southern dishes and eclectic gift/candy store, now admits it made a mistake. Julie Masino boasted that the reception she…

Cracker Barrel admitted on Monday that it “could’ve done a better job sharing who we are and who we’ll always be” after customers expressed outrage over the restaurant chain’s new logo. “If the last few days have shown us anything, it’s how deeply people care about Cracker Barrel. We’re truly…