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CNN Business/Consumer

How Outback lost the steak wars

By Nathaniel Meyersohn, CNN New York (CNN) — Americans don’t want Outback’s Aussie-themed steaks anymore. Instead, they’re craving Texas-style cuts from Texas Roadhouse and LongHorn’s tender filets. Texas Roadhouse and LongHorn’s sales topped Outback’s last year, and the chains’ stocks are going in different directions. Texas Roadhouse’s stock has increased around 15% over the last

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Elon Musk leaves a meeting with House Republicans in the basement of the US Capitol building on March 5 in Washington

‘I have like 17 jobs.’ Investors wonder if Elon Musk is spending enough time at Tesla to lead the company

By Hadas Gold, CNN New York (CNN) — Elon Musk was speaking to Tesla staff in Austin, Texas, last Thursday when he admitted: “I’m stretched pretty thin. I have like 17 jobs.” The meeting seemed hastily arranged. Employees were notified shortly before the event, which was scheduled for 9:30 pm, Business Insider reported. Never before

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For Rep. Marjorie Taylor Greene and other House Republicans

Marjorie Taylor-Greene attacks NPR and PBS as ‘communist,’ calls for funding to ‘end’

By Brian Stelter and Liam Reilly, CNN (CNN) — For Rep. Marjorie Taylor Greene and other House Republicans, today’s DOGE subcommittee hearing is about tarnishing PBS and NPR with accusations of bias and targeting them for defunding. For the broadcasters, today is about defending their existence – and maybe, just maybe, educating people about how

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Brendan Carr

The Trump administration has a new way to pressure companies to ditch DEI

By Nathaniel Meyersohn, CNN New York (CNN) — Wall Street cheered President Donald Trump’s election because businesses expected a massive deregulation effort. Trump knows this — and his administration appears to be leveraging that to get something in return: rollbacks of companies’ diversity, equity and inclusion policies. The federal government typically tries to block corporate

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The headquarters of Radio Free Europe/Radio Liberty (RFE/RL) is seen here in January 2010

Judge temporarily halts Trump from canceling Radio Free Europe, handing embattled broadcasters a lifeline

By Brian Stelter, CNN (CNN) — One of the international broadcasters targeted for termination by President Donald Trump has been granted a reprieve by a federal judge. US District Judge Royce C. Lamberth has granted Radio Free Europe/Radio Liberty’s request for a temporary restraining order that will help the broadcaster stay on the air and

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