NEW HARTFORD, N.Y.--(BUSINESS WIRE)--PAR Technology Corporation (NYSE: PAR), a leading foodservice technology provider, today announced that Layne's Chicken Fingers—the Texas "Born and Breaded†chicken finger concept—has selected PAR® Engagement to modernize its digital ordering and loyalty experience as the brand prepares for rapid expansion with over 300 restaurants in the development pipeline in the coming years. PAR Engagement, a suite of ordering, loyalty, guest data, and marketing tools,. ...

Company Overview - Nio's shares fell over 8% after Singapore's sovereign wealth fund, GIC, filed a lawsuit against the company, accusing it of inflating revenues and violating securities laws [5][7] - The lawsuit names CEO Li Bin and former CFO Feng Wei as defendants, alleging that Nio improperly recognized over $600 million in leased battery revenue through Weineng, which is claimed to be controlled by Nio [6][7] Financial Impact - GIC, which purchased Nio shares between August 11, 2022, and July 11, 2023, states it suffered significant losses due to the alleged misrepresentation of Nio's financials [7] - Following the lawsuit news, Nio's shares on the Singapore Exchange dropped by 7.9%, and the company's premarket shares on the NYSE fell by 6.6% [7] Industry Developments - Nvidia is collaborating with Firmus Technologies to develop renewable energy-powered AI data centers in Australia, with an investment of A$4.5 billion ($2.9 billion) [8] - Construction is already underway on two data centers in Melbourne and Tasmania, expected to utilize 150 megawatts of power and come online by April [8]

Dividend stocks are often seen as “boring” or “retiree-friendly” because they are typically stable and slow-increasing investments. Simply regarding them as providing income for those who are no longer earning a paychecks is selling these stocks short. For younger investors, dividend stocks offer an opportunity for long-term wealth creation, providing a steady flow of income and growth, and demonstrating resilience during market downturns.They are also a prime example of the power of compounding in the long ...

Group 1: AI Impact on Employment - The potential for AI to replace jobs in the fast food industry is significant, with estimates suggesting that around 3.68 million fast food and counter workers in the U.S. could be affected [2][3] - President Biden highlighted that if major chains like McDonald's adopt AI, it could lead to the loss of approximately 670,000 jobs, based on a hypothetical reduction of staff from 55 to 5 employees per restaurant [4][5] - The investment required for AI implementation in fast food franchises is around $2 million per location, which can increase profit margins by approximately 27% and recoup the investment in under 18 months [5] Group 2: Broader Economic Concerns - Biden expressed concerns about a "mass extinction event" for jobs due to AI, indicating a need for a reevaluation of the technology's implications on the workforce [1][7] - OpenAI CEO Sam Altman acknowledged the uncertainty surrounding job survival in the age of AI, suggesting a universal basic income as a potential solution, though it faces criticism for possible negative economic impacts [8] Group 3: Investment Strategies Amid Uncertainty - In light of potential job losses and economic instability due to AI, investors are turning to traditional safe havens like gold, which has seen a price increase of over 40% in the past year [17][18] - Gold IRAs are presented as a way to combine the benefits of gold investment with tax advantages, appealing to those looking to protect their retirement funds [19] Group 4: Art as an Investment - The art market is highlighted as a viable investment option, with historical appreciation in value and low correlation to traditional assets like stocks and bonds [21] - Platforms like Masterworks allow investors to buy shares in high-value artworks, making art investment more accessible [23][24]

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Together, the moves have shaken confidence in America, weakened the dollar and helped stoke a torrid rally in gold. While long-term Treasury yields haven’t exploded in any similar fashion, they’ve been elevated relative to recent years.Added to that is a growing sense of concern about political and fiscal stability in the world’s largest economy. Trump’s tax and spending bill is projected to blow out the deficit. The government has been shut down since the start of October, the president is increasingly thr ...

Which billionaires got their start at fast food chains? https://t.co/lHSLmSkLMfhttps://t.co/lHSLmSkLMf ...

Key TakeawaysU.S. equities, led by technology, surged to new highs with the S&P 500 and Nasdaq Composite closing up 0.58% and 1.11% respectively, despite ongoing Federal Reserve concerns and a government shutdown.Australian fast-food chain Guzman y Gomez (GYG) reaffirmed its guidance and announced a significant $100 million share buyback program.Former President Donald Trump's proposed 100% tariff on branded pharmaceuticals will exempt generic drugs, aiming to protect the affordable drug market.House Speake ...

Which billionaires got their start at fast food chains? https://t.co/lHSLmSkLMfhttps://t.co/lHSLmSkLMf ...

Hello and welcome to Market Domination. I'm Josh Lipton live from our NYC headquarters. Stocks mixed this Monday.NASDAQ getting a lift on news of AMD scoring one of the biggest AI wins yet. Going to be digging into that story and more. Right now, there is just an hour to go into the closing bells.Let's take a look at the major averages here. The Dow is down about 70 points. The S&P 500, your broad gauge is up about 4/10en of a percent. Tech Nasdaq is up nearly 9/10en of a percent.Let's welcome in here tech ...