Darden Restaurants says CEO and chairman Clarence Otis is stepping down as the company fights to fix its flagship Olive Garden chain following the sale of Red Lobster.
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Business Highlights
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___ US companies increasingly fish for growth overseas SAN FRANCISCO (AP) — Major U.S. companies are starting to reap their most rapid growth in fertile lands of opportunity far from home.
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Yes, He Breaks in Baseball Gloves for a Living
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Today’s Salute to American Success goes to Dave Katz, owner of Meriden, Conn.-based Katz Gloves. Katz breaks in baseball gloves for a living. That’s right – breaks in baseball gloves – for a living.
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Idaho officials: Prison takeover had 'challenges'
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Idaho prison officials say they had to have thousands of dollars’ worth of medications shipped overnight to the state’s largest prison after the former operator, Corrections Corporation of America, left the facility without a promised eight-day supply of inmate drugs.
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Express Scripts expansion could mean 1,500 jobs
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The nation’s largest company that manages pharmacy benefits is opening a new office building in St. Louis County as part of an expansion, which is expected to add 1,500 jobs over the next five years.
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Walker says he would back anti-outsourcing rules
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Gov. Scott Walker said Monday he would support efforts to ensure that tax credits and other economic development incentives do not go to companies that outsource jobs.
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Rule aimed at cutting coal-fired plant's emissions
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The federal government has come up with a final version of a rule meant to cut haze-causing emissions from the largest coal-fired power plant in the West.
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Vacationing? 5 Tech Tools for Managing Your Business
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It’s difficult to relax on the beach or enjoy time with family when you’re constantly wondering who will make sure everything runs smoothly. But don’t worry; there’s an app for that.
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'Test-Drive' Job Candidates for Hiring Success
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When you think you’ve found the right person for the job, you’ll likely want to get him or her on board as quickly as possible. But first impressions can sometimes be deceiving.