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1. McDonald's raising US workers' pay in company-owned stores -

McDonald's is raising pay at 650 company-owned stores in the U.S. as part of its push to hire thousands of new workers in a tight labor market.

The fast-food giant is the latest restaurant chain to announce pay raises. Chipotle said Monday it will raise workers' pay to an average of $15 per hour by the end of June. Darden Restaurants, the owner of Olive Garden and other chains, said it March that it will guarantee workers $12 per hour including tips by 2023.

2. Steady gains for stocks deliver more records on Wall Street -

Technology and health care companies helped drive stocks to more gains Tuesday, leading to more milestones on Wall Street.

The S&P 500 index rose 0.3%, eclipsing the all-time high it set on Friday. The Nasdaq composite and Russell 2000 index of small company stocks also set record highs. The likelihood that one or more coronavirus vaccines could begin to be distributed in the U.S. in coming weeks has kept investors in a buying mood, boosting their optimism for an economic recovery next year.

3. Wall Street down after worldwide slide; gold at record high -

Stocks closed broadly lower for the second day in a row Friday as Wall Street gave back some of its gains from a mostly solid July rally.

The S&P 500 fell 0.6% and ended the week with its first weekly loss in four weeks. The pullback, which eased somewhat by afternoon, came as traders turned cautious amid increased tensions between the world's two largest economies and a mixed batch of company earnings reports.

4. April job losses fall hard on restaurants, retailers -

NEW YORK (AP) — Who remembers their last meal at a sit-down restaurant? Better yet: who knows when their next one will be?

That's the question bedeviling not just diners but Wall Street, where analysts and investors have seen investments in publicly traded restaurant chains like Olive Garden, Denny's and KFC owner Yum Brands crater amid shutdowns forced by the global coronavirus pandemic.

5. Gov't relief loans to restaurant chains draw complaints -

Some big restaurant chains have obtained loans under a small-business relief program, leading business groups to cry foul even though the loans are within the guidelines of the lending program.

Shake Shack, Ruth's Chris Steakhouse and Potbelly's all announced last week they'd obtained the maximum $10 million loans under the Paycheck Protection Program. The $350 billion program, designed to help businesses stay afloat during the coronavirus crisis, ran out of money Friday, leaving some small businesses shut out.

6. S&P 500 ends 2-day losing streak as tech leads stocks higher -

Technology companies powered a broad rally for U.S. stocks Thursday, snapping the market's two-day losing streak.

Apple and chipmakers led the wave of buying, helping to drive the technology sector to an overall gain of 2.5 percent. The sector is up 21.1 percent this year so far, well ahead of the S&P 500's 10 other sectors.

7. Papa John's, Schnatter reach settlement agreement -

LOUISVILLE, Kentucky (AP) — Papa John's has reached a settlement agreement with founder John Schnatter that will see him step down from the company's board.

The agreement comes after more of a year of tussling between the Louisville-based pizza chain and Schnatter, who made a series of racially insensitive remarks that caused sales to plummet. Schnatter stepped down as CEO in late 2017 and resigned as chairman in July after facing backlash for blaming disappointing sales on NFL player protests and used the N-word during a company conference call.

8. US stock indexes veer lower in afternoon trading; oil rises -

Phone and utilities companies led U.S. stock indexes lower in afternoon trading Tuesday as investors sized up the latest company and economic news. Banks led the gainers. Energy stocks also rose as crude oil prices headed higher. Several homebuilders were up following new data on home prices.

9. Technology companies fall sharply, leading US indexes lower -

Technology stocks led a broad slide in U.S. stocks Tuesday after a day of mostly choppy trading.

Phone and utilities companies were among the big decliners after a sell-off in bonds sent yields sharply higher. Banks bucked the broader market decline amid heightened expectations of rising interest rates. Oil prices rose for the fourth straight day.

10. US stock indexes close higher as consumer confidence gains -

Banks and other financial companies led U.S. stock indexes sharply higher Tuesday, snapping an eight-day losing streak for the Dow Jones industrial average.

The rally was broad, with materials and industrial companies among the biggest gainers. Energy stocks notched a big gain as crude oil prices moved higher.

11. US stock indexes drift higher in early trading -

U.S. stock indexes drifted between small gains and losses in early trading Thursday as investors weighed the latest batch of company earnings news. The market was coming off a two-day rally as investors' anxiety about Britain's vote last week to leave the European Union eased. Consumer and industrial companies were among the biggest risers.

12. Phil Mickelson to forfeit nearly $1 million in SEC case -

NEW YORK (AP) — The professional golfer Phil Mickelson has agreed to forfeit nearly $1 million that the Securities and Exchange Commission said was unfairly earned on a tip from an insider trading scheme conducted by a former corporate director and a professional gambler.

13. $2.13 an hour for dish-washing? Servers sue over side work -

NASHVILLE (AP) - Ask any restaurant server or bartender about side work and you are liable to get an earful. Sweeping floors, washing dishes, making salad? These are tasks that should pay minimum wage, but servers and bartenders routinely do them for as little as $2.13 per hour.

14. US stocks tumble on global worries; financial stocks skid -

NEW YORK (AP) — Stocks plunged across all sectors in the heaviest trading of the year Friday as enthusiasm over a long-awaited increase in U.S. interest rates faded.

Several other negative factors combined to give the market its second big loss in a row, bringing the indexes lower for the week.

15. Stocks make slight gains amid optimism on Greek debt deal -

NEW YORK (AP) — U.S. stocks are closing with a small gain as investors wait for a deal between Greece and its creditors. Greece faces defaulting on its debt without new loans.

The Dow Jones industrial average climbed 24 points, or 0.1 percent, to 18,144 on Tuesday. The Standard & Poor's 500 index rose one point, or 0.1 percent, to 2,124.

16. US stocks rise on rebound in oil, strong company results -

NEW YORK (AP) — Stocks advanced Friday, capping a strong week, helped by a recovery in the price of oil and earnings from Olive Garden owner Darden Restaurants and sportswear giant Nike.

The Nasdaq composite index inched closer to its all-time high set at the height of the dot-com bubble.

17. Yahoo CEO poised to make fateful decision on Alibaba stake -

SAN FRANCISCO (AP) — Yahoo CEO Marissa Mayer is facing her biggest business decision since she left Google two-and-a-half years ago to lead its struggling rival: how to manage Yahoo's most valuable asset, a 15 percent stake in Chinese Internet star Alibaba Group worth nearly $37 billion.

18. Stocks manage small gains; Dow, S&P 500 at records -

Stocks inched past more milestones Friday, delivering the third consecutive record-high close for the Standard & Poor's 500 index and a new high for the Dow Jones industrial average.

The S&P 500 is now up 6.2 percent for the year, while the Dow is up 2.2 percent. The major stock indexes all finished ahead for the week.

19. Darden to sell Red Lobster, hold onto Olive Garden -

NEW YORK (AP) — Darden is setting Red Lobster adrift, but betting that it can still turn around Olive Garden's fortunes.

The company, which is based in Orlando, Florida, said Friday that it would sell its seafood chain to investment firm Golden Gate Capital in a $2.1 billion cash deal. The announcement came despite objections from some shareholders to the plan separate Red Lobster, which was announced late last year.

20. Global stocks slide as tensions build in Ukraine -

NEW YORK (AP) — Russia's military advance into Ukraine rattled global markets Monday.

U.S. stocks fell the most in a month and the price of crude oil rose sharply as traders feared Russian exports could be affected by sanctions. Gold and bond prices rose as investors sought safety.

21. Corizon selects Johnson as chief medical officer -

Corizon, a provider of correctional health care solutions, has appointed Calvin B. Johnson, M.D., M.P.H., as its new chief medical officer.

22. Stocks fall back on Wall Street a day after surge -

NEW YORK (AP) — Stocks pulled back from record levels Thursday after surging a day earlier. The market gained the most in more than two months Wednesday after the Federal Reserve said it was trimming its stimulus efforts, which investors saw as a vote of confidence in the economy.

23. Darden looking to spin off or sell Red Lobster -

ORLANDO, Fla. (AP) — Darden Restaurants Inc. is looking to either spin off or sell Red Lobster, part of its plan to boost shareholder value.

24. Walgreen moves health coverage to private exchange -

Walgreen Co. is joining a growing push from big businesses to shift more responsibility for finding insurance onto their employees as health care costs continue to climb.

The nation's largest drugstore chain said Wednesday that it will send workers to a private health insurance exchange where they will pick from as many as 25 plans instead of having the company give them two to four options.

25. Olive Garden luring diners with cheaper prices -

NEW YORK (AP) — If the free breadsticks and unlimited soup and salad aren't enough, Olive Garden is hitting the gas on other promotions to get customers through its doors.

Darden Restaurants Inc., which has been struggling to hold onto customers in recent years, said deal offers like "2 for $25" dinner special helped drive up customer traffic at its flagship Olive Garden and Red Lobster chains in the latest quarter. The company said it will keep stressing the affordability of its food in the year ahead to attract more diners.

26. Stocks recover on Wall Street after 2-day plunge -

Traders decided that the stock market has suffered enough, at least for now.

After a two-day plunge, stocks ended the week with an advance on Friday, suggesting that Wall Street may be successfully weaned from the Federal Reserve's easy money after all.

27. Darden profit falls despite Olive Garden revamp -

ORLANDO, Fla. (AP) — Darden Restaurants said Thursday that its net income fell 37 percent in the latest quarter, as revamped menus and new ad campaigns failed to draw more diners into its Olive Garden and Red Lobster chains.

28. Waiting on fiscal cliff compromise, stocks meander -

NEW YORK (AP) — The stock market moved between small gains and losses in morning trading Thursday. Uncertainty about the approaching "fiscal cliff," just days away, was top of mind for many traders.

29. Stocks little changed as budget talks continue -

NEW YORK (AP) — Stocks closed little changed Tuesday on Wall Street as budget talks continued in Washington.

The Dow Jones industrial average closed down 13.82 points at 12,951.78 after trading in a narrow range of just 82 points. The Standard and Poor's 500 was down 2.41 points to 1,407.05. The Nasdaq composite was down 5.51 at 2,996.69.

30. Stocks edge higher as budget talks continue -

NEW YORK (AP) — Stocks edged higher on Wall Street in early trading Tuesday as budget talks continued in Washington.

The Dow Jones industrial average rose 31 points to of 12,996 as of 9:49 a.m. Eastern. The Standard and Poor's 500 was up one point to 1,410. The Nasdaq composite was down four points at 2,998.

31. More American workers to pick their insurance -

For some American workers, picking the right health insurance is becoming more like hunting for the perfect business suit: It takes some shopping around to find a good fit and avoid sticker shock.

In a major shift in employer-sponsored health insurance coverage, companies such as Sears Holdings Corp. and Darden Restaurants Inc. are giving employees a fixed amount of money and allowing them to choose their own coverage based on their individual needs.

32. Storm's cost may hit $50B; rebuilding to ease blow -

WASHINGTON (AP) — Superstorm Sandy will end up causing about $20 billion in property damages and $10 billion to $30 billion more in lost business, according to IHS Global Insight, a forecasting firm.

33. Stocks higher in US; in Europe, vows to save euro -

NEW YORK (AP) — U.S. stocks traded higher Friday, with investors latching on to a few mildly hopeful signs about the economy.

Shortly after noon Friday, the Dow Jones industrial average was up 43 points at 13,640. The Standard & Poor's 500 was up six to 1,466. The Nasdaq composite index was up 16 to 3,192.

34. Retailers to launch mobile app for payments -

NEW YORK (AP) — A bevy of big-name retailers including Wal-Mart Stores Inc., Best-Buy Co. and Target Corp., are teaming up to create a company that will give customers another way to make purchases: with their cellphones.

35. Consumer confidence slipped in June -

NEW YORK (AP) — Americans can't seem to shake their uneasy feeling about the economy.

Consumer confidence fell in June for the fourth straight month as worries about jobs and the overall economy outweighed relief at the gas pump and an improvement in the housing market, according to a private research group.

36. Stocks bounce around on global economic worries -

NEW YORK (AP) — Stocks are bouncing between small gains and losses as investors weigh the prospects of a global economic slowdown even as several U.S. companies report strong earnings.

Oil prices are continuing to march higher, which could hurt consumer spending. A decline in new home sales suggested that the U.S. real estate market hasn't emerged from its slump.