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of course. >>> olive garden parent darden restaurants reported earnings $2.65 a share.g for. it comes on revenue of $2.96 billion. that's basically in line with expectations. comparable store sales were flat versus expectations of a 0.3% increase. darden is also increasing its quarterly dividend by 7% and right now that stock is actually up by about 1.6%. andrew? >>> thanks, becky. amazon changing the way it packs its boxes, saying good-bye to plastic pillows, and saying hello to a.i. diana olick joins us right now with more on that story. good morning. >> reporter: good morning, andrew. yeah, after extensive testing with employees, consumers and third party analysts, amazon put into motion one of its most ambitious sustainability efforts yesterday, saying bye-bye to this and hello to this. it is amazon's largest plastic packaging reduction in north america so far. recycled paper is replacing the 15 billion plastic pillows used every year. >> they're difficult to recycle because you have to pop them. >> reporter: you to pop it and they can't go in a curb side recycling

nations under the title of holocaust, according to the sahli treaty issued after the second world war, darden has undertaken to support the maintenance of the naval equipment of the jeshti regime, and it is spending millions of pounds or say marks or every euro annually for the zionist regime, so when we we are going to enter the storm of all kinds. we have been talking about this 25-day war, which has now been almost 8 and a half months since its beginning . they are the main reason for the continuation of the war, that is, if it were not for the aid and support of american intelligence and logistics, as well as the sndcom of the forces in the location of america in the west asian region and the american commanders who are in the field of operational aid and command are in charge of the zionist jalil regime, as in the past wars, according to a period of time. because the strategies that the jahrionist regime had in previous wars were generally short-term, they are basically not compatible with a long-term war. the war is being managed by america, sending these weapons has always continued du

darden restaurants serving up a dividend raise and better than expected quarterly profit.ive garden chain fell for the second consecutive quarter. its acquisition of ruth's chris steakhouse fueled an 8.6% jump, but darden missed wall street's estimates for quarterly revenue. with all these conflicting good and bad pieces of news, the stock's up about 2%. olive garden may be known for its pasta dishes, never ending bowl of salad and the garlic bread sticks, right? if uh-huh, but there's nothing more identifiable to a restaurant chain than the smell of subway's freshly baked bread. and now the sandwich chain is launching a whole new line of products. the foot-longs. the foot-long dinners. subway's north american president unveiling the new offering, plus talking about the impact of inflation on the franchise. but how big is that foot-hong business now? -- foot-long business? "the claman countdown" is coming right, back. ♪ if you have wet amd, you never want to lose sight of the things you love. some things should stand the test of time. long lasting eylea hd could significan

darden said to me, i'm sorry.he case for us, we were never going to win it anyway. >>> coming up, detective mark furman is caught on tape putting the prosecution on defense. >> it was mind boggling! >> are you guys like wasting champagne glasses when you listened to those tapes? >> it was from heaven! >> and those dramatic closing arguments. >> if it doesn't fit, you must acquit. >> kaelin when "dateline" continues. eline" continues. to take care of me. (announcer) the people you love are worth quitting for. you can quit. for free help, call 1-800-quit-now. nexgard® plus helps you protect your dog from fleas, ticks, heartworm disease, and more... all in one delicious, monthly, soft chew. use with caution in dogs with a history of seizures or neurologic disorders. nexgard® plus: the one you want for one-and-done protection. an alternative to pills, voltaren is a clinically proven arthritis pain relief gel, which penetrates deep to target the source of pain with nonsteroidal anti-inflammatory medicine directly at th

chris appleton and shawn need darden for more local headlines, including weather.on our streaming service, cbs news bay area we'll see you over there. sometimes it takes a different approach to see the difference you can make around you. ♪♪ ♪♪ with capella university's game-changing flexpath format, set your own deadlines and access coursework any time. imagine your future differently with capella university. [cheering] welcome, welcome, welcome, welcome, welcome to the show. you may have noticed that i have a new look. yeah, you do. it actually feels very reminiscent of an old look i did for the charlie's angels ii premiere in los angeles.

darden, the parent of all of garden cut expectation. the stock is over 9% for the year but it could go lower if they say pandemic error price hikes are hurting the business. jabil will report. they are everything from consumer electronics, healthcare, retail. they are a big manufacture of apple products. it does not talk to apple on wall street. if you work for apple you are not supposed to talk about apple. we still try to define how apple might be doing. next, used-car prices are still part of the inflation. we are going to hear from carmax, the giant used vehicle dealer to see if there's a chance that this inflation can cool off and start going down enough to make a difference with the cpi. here's the bottom line. last night i bemoaned that there are not enough stocks away from tech. let's see what happens next weekend whether we get enough data this week but not too wea . it's hard to imagine the fed cutting rates before the fall. this week suggests that higher for longer may be too inflexible a strategy for the economy. let's go to

restaurant same-store sales fouling one half percent in fourth quarter missed estimates president ceo dardenday consumers are generally concerned about inflation, and becoming more concerned about the job market why raising prices between 2 and 3%, garden operates longhorn steakhouse ruth chris capital grill says company-wide plans to raise prices on average, of 2, to 3% in 12 months. tiktok arguing in a court filing not possible to technologically commercially or legally, for chinese parent company bytedance to divest from the social media app certainly not by january 2025 deadline in law president biden signed in april company writing in brief even if divestiture rnl feasible tiktok would be reduced to shelf former self, stripped of innovation and comprehensive tech technology, tiktok claims ustt users will be focused to live on quote island of content disconnected from global users if forced to find new owner the legal filing publicized the techs deal social media claims would have addressed national security concerns released, 103 page draft agreement for the first time. maria: thanks ve

let's brick in michael darden. michael, great to see you. don't have a view on the dollar amidst all of this, do you? strong, weak, that's just the tail on the dog, right? >> yeah, i think it is, kelly. look, what we have to worry about is if there's some kind of drastic movement that imparts a business cycle shock and doesn't look like that's a threat at the moment for me. >> so in other words, if we had a crisis and a super strong dollar, something to that effect. we heard some anecdotes from steve's reporting about this discussion about the ten-year, michael. you're sticking with this idea that the slowdown is coming. why? >> yeah. i think the data points in that direction. i mean, look, credit, where credit is due. we have been in a soft landing essentially for the last year. so the economy has outperformed expectations. the s&p 500 has just been an absolute tear, so credit to the bulls. the question is, you know, where do we go from here? and what wet're starting to see is signs of a late cycle environment where growth begins to slip be

we get earnings from lennar and kb home and kroger and darden restaurants.ates on hold. look for home sales and housing starts and retail sales. >>> the nasdaq and s&p coming off the seventh positive week in the last eight. let's talk more about the markets and the week ahead with jeff kilburg, ceo of kko financial. i heard one of the best centers and nose guards in the history of notre dame and friend of the show. you have a great resume. >> great to be here, pal. >> an interesting thing. markets coming off the highs. give us your "wex" word of the day. how do you see today shaping up? >> dislocated. that is the word of the day. we are seeing by bifurcation, frank. we continue to see the move higher and anything and everything in artificial intelligence. there is such a dislocation with the data and economy and stock market. i have concerns here of the broader euphoria overtaking the market due to a.i. >> you have talked about euphoria. the vix dipped below 12 last week. what do you make of that? there's so much going on. a lot of questions of fed cuts and

weekly jobless claims and accenture and darden report with three fed speakers speaking today.oday. >>> back to the markets. they will look to build on the gains with the s&p and nasdaq at record highs and it is the first day where nvidia will open as the world's most valuable company after passing microsoft on tuesday. joining me now is patrick fruzetti. good morning, patrick. >> good morning, frank. thanks for having me. >> very close to record highs right now. what is your "wex" word of the day? >> patience. you know, i think every investor should have patience. i think it seems like markets are at all-time highs, i think there are things you can buy in this market at reasonable value. >> i want to talk about something you sent to us. the common man cpi. retails disappointed a bit. what does this mean? why should investors pay attention to this? >> my friends actually put this together. they look at the things the average person buys every day. food, energy, shelter, utilities, cost of insurance. those costs have stayed at an elevated rate. the last nine months, the common m

darden restaurants, a parent of ruth's chris steakhouse.fic trends to improve gradually throughout the year, so things are getting better even though they weren't so good for the past quarter. same-store sales were flat. they were up at longhorn, but they were down at their fine dining chains, so that tells you a little bit about the bifurcation of the consumer. stuart: what have we got on kroger? lauren: we're cooking at home. that means more food shopping. stock's up just a bit. steady grocery demand, they're offering more promotions. they are lowering prices where they can, and i say that because the ftc really does not want to approve their deal to buy albertson's in the name of competition, so so kroger is lowering prices to say, hey, it's okay, if we get bigger, we're going to be better for the consumer. stuart: whenever i buy a stock, i want a capital gain with or a big dividend. i don't think you get either with kroger. lauren: david? stuart: unexciting. >> it is now, but this albertson's deal is a good deal, and the ftc has no basi

john, the parent company of olive garden, darden restaurants, told analysts that fast food customersing chains as consumers are frustrated with higherrer fast food prices. used to be you go to fast food because it's cheaper, not so cheap anymore. the may cpi report revealed total food away from home is up 4%. meanwhile, a new poll finds 46% of americans are struggling to remain where they are financially, john. your reaction. you said earlier the economy is slowing. to what extent? >> we're going to have a better indication of what's going on when we get the consumer spending report for may coming out next friday. but i think that there is a real danger of a stall or something worse by the final quarter this year, at the time of the november elections, hold onto your seats. that poll you're talking about, 46% of surveyed americans claim that they are struggling financially. this is the first time in a very long while, in years, where the percent struggling financially exceeds the percent whose financial situation is stable. i want to add one things that's very important. that 46% sha

this is darden foods, home of the olive garden. ceo says casual restaurants like his are benefiting from higher prices at fast food restaurants. if you're paying close to restaurant prices at a place like this, a fast food place, why not just go to a restaurant and have somebody bring you the food places like chili's and tgi friday's getting new customers. the united states government says you'll no longer be able to buy antivirus software from kaspersky labs because the government doesn't trust it. it's owned by a british holding company but originates in russia. the antivirus has been banned from us government computers for quite some time now. washington is urging you to replace it on your computer. the software company responds, quote, kaspersky does not engage in activities which threaten u.s. national security and in fact has made significant contributions with its reporting and protection from a variety of threat actors that targeted us interests and allies. the irs, meantime, says it's rejecting thousands of us businesses t

this is darden restaurants, home of olive garden. its ceo says casual restaurants are benefiting from higher prices at fast food restaurants. if you're paying close to restaurant prices at one of these fast food places, why not just go to a restaurant, have somebody bring you the food? places like chili's and tgi fridays getting new customers. the us government says you will no longer be able to buy antivirus software from kaspersky labs because the government doesn't trust it. it's owned by a british holding company but originates in russia . the antivirus has been banned from us government computers for quite some time now. washington is urging americans to replace it on their computers. the software company responds, quote, kaspersky does not engage in activities which threaten us national security. in fact, has made several contributions with its reporting and protection from a variety of threat actors that targeted us interests and allies. the irs says it's rejected thousands of us businesses trying to get tax breaks over the bu

so the parent company, darden, which also operates a longhorn, was christened couple of girls steakhouse chains says it will raise prices companywide by 2 to 3% over the next 12 months. some restaurants that have introduced value and combo meals kind of opposite direction to give customers a break. and we can always use a fast food deal that's cheap. so starting june, 25th mcdonald's customers can get a $5 meal deal. it will let you pick up double or make chicken for piece. mcnuggets, small fries and a small drink after getting a lot of backlash over $15 big macs in some cities. mcdonald's looking to offer some more value and 95 businesses are cutting it anymore. according to a new study, americans want businesses to operate. 24 7, this study was done by time in the financial technology association. people want grocery stores pharmacies, even their banks to stay open around the clock over half, use a number of services in their neighborhood. they say only work during the, you know, 9 to 5 hours and the biggest offenders, banks post offices, shipping centers, tennis and primary care. doct

we heard from darden about how lower income households were dining at places like capital grille andnt, year-over-year we are seeing traffic declines with low income households but it's a more normal environment now where people allocate budgets like they typically would. still, the long-term trend is to eat out more over time but with consumers under pressure we have more dining at home. dani: so, it may be normalizations, but are there any signs that it's more than that? sara: to date, no. in terms of seeing a mix, listening to darden and the mix of households, it's back to where it was pre-covid. the mix of lower, middle, upper income households, the price point, it's finally back to where things were pre-covid. it looks, to use your words, like normalization, as opposed to consumers being under intense pressure or falling off a cliff here. there is no room for panic just yet. annmarie: how much our labor costs weighing on these companies, especially with care follow -- california and those wages? sara: california is a unique circumstance, wage inflation was very high. the labor m

shouldn't have to say it but it's unacceptable if you saw my twitter statement and the 1 in the rose darden strongest speech -- statement you would say. instead they talk about our relatively small number that were ushered by a police. pelosi said it was her responsibility not mine if the election is fair and free i want that more then anybody. i wish he was a great president otherwise i'd be just enjoying myself not under indictment because i wouldn't be his opponent because that's why he indicted me i'd rather that. only reason i'm here is he so bad we will make america great again. failing nation and we're a failing nation because of him so bad his military policies are insane. these are wars that will never end he will bring us to world war iii closer then anybody can imagine. he's driving us there. kim jong-un president g of north korea, putin they have nothing with the gentleman driving us to world war iii. >> biden: if you want to world war iii and then let him win. article 5 exists for a reason i can't think of a single major leader who wouldn't trade places with me because we're a

of course, christine darden, one of the hidden figures who broke barriers in the s.t.e.m. industry and racial and gender equality, from north carolina, we have three, including my colleague. christine was the first african- american woman to be promoted into sr. executive service at the langley research center. just last week, i got to join governor cooper, a local educator, and a third grade class from the explorers school in my district to honor christina cook. she is a three-time graduate of north carolina state university and the only woman selected to join the artemis 2 mission. she was also a participant in an all women's spacewalk, which we are still celebrating. i want you to know that i will continue to fight for robust funding for nasa so we can keep doing incredible things that you have been leaving. and, everything that makes groundbreaking research possible. so, i want to follow up on some of the workforce issues that we have heard about today. we hear a lot from the burgeoning commercial space sector, and we know that that benefits the nation, exploration, ou

and then, of course, christine darden, one of nasa's hidden figures who broke barriers in the stem industry engender equality is from north carolina. we have three members of the science committee from north carolina, including my colleague, the congresswoman. she was the first african- american woman to be promoted into sr. executive service at nasa's langley research center. just last week, i got to join governor cooper, a local educator at a third-grade class from the explorer school in my district to honor esther not christina carr. she is a three-time grad of nc state university and the only woman selected to join the artemis to mission. she participated in an all women's spacewalk which we are still celebrating. i will need to know that i will continue to fight for robust funding for nasa so we can continue doing the incredible things that you have been leading. and everything that makes groundbreaking research possible. so to that end, i want to follow-up on some of the workforce issues that we've heard about today. so we hear a lot from the burgeoning commercial space sector -- and