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The H&M group is entering the fall season with style. On Wednesday, September 24, the retailer released its third-quarter earnings and reported an operating profit of 4.9 billion Swedish krona ($521 million). The H&M group owns brands including H&M, COS, Monki, and Arket. Its operating profit marked a 40% increase year-over-year (YOY) and beat analysts’ predicted 3.7 billion Swedish krona ($393 million), according to consensus estimates cited by CNBC. The figures also marked consecutive quarterly successes for the H&M group, which also beat estimated operating profits in quarter-two. However, the H&M group now predicts that 2025’s quarter-four…
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In a rural corner of Louisiana, Meta is building one of the world’s largest data centers, a $10 billion behemoth as big as 70 football fields that will consume more power in a day than the entire city of New Orleans at the peak of summer. While the colossal project is impossible to miss in Richland Parish, a farming community of 20,000 residents, not everything is visible, including how much the social media giant will pay toward the more than $3 billion in new electricity infrastructure needed to power the facility. Watchdogs have warned that in the rush to capitalize on the AI-driven data center boom, some states are allowing massive tech companies to direct exp…
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Most people do not put New York City and golf together, nor do they consider the game to be a team sport. The 2025 Ryder Cup is challenging these views. The competition will be held just outside of the Big Apple at Bethpage State Park’s Black Course in Farmingdale, New York. From Friday, September 26, through Sunday, September 28, 12 Americans and 12 European men will go head-to-head. Let’s take a look at the history and format before covering how to tune in for every stroke and birdie. The history of the Ryder Cup The Ryder Cup is named after its patron, Sam Ryder, a British businessman and golf enthusiast. He fell in love with the sport after taking it …
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As the dust settles on a botched logo redesign that turned it into a political and cultural flashpoint this summer, Cracker Barrel Old Country Store is no doubt looking to put 2025 behind it. In the meantime, the restaurant company has also trimmed its physical footprint as it looks to 2026. Reporting its fourth-quarter financial results earlier this month, Cracker Barrel revealed the planned closure of 14 Maple Street Biscuit Company locations. That amounts to roughly 21% of its company-owned stores for the fast-casual brand, which Cracker Barrel acquired in 2019 for $36 million. The company is projecting revenue for fiscal 2026 of $3.35 billion to $3.45 bi…
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A new type of window on the verge of mass production in the United States will provide a new vision for architects and builders seeking to marry design with energy efficiency. This window, made from millimeter-thin glass panels, can achieve exceptional energy efficiency scores and make a significant difference in global emissions. Buildings account for about 30% of global energy consumption, and about half of the energy use in residential and commercial buildings is used for heating and cooling. Corning, the firm that developed Gorilla glass in 2007 for Apple iPhones, helped refine the mass-manufacturing process based on material discoveries made at Lawrence Berk…
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