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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Dec 11, 2021
Page
8
Wall Street expects Darden Restaurants to report Friday that earnings and revenue rose in the September November quarter from a year earlier. Analysts anticipate strong sales growth driven by new restaurant openings and ongoing demand for Olive Garden and other brands.
Megan Greene, chief economist at the Kroll Institute, says inflation and the economy may be transitory but cautions that defining transitory is tough and the shift could last another year before returning to a more normal state.
A late wave of buying lifted the S&P 500 to a fresh record high on Friday, up about 1 percent and capping its strongest week since February. Tech shares powered the advance with notable strength in software and related equities, while Oracle and Costco Wholesale were among notable movers.
The board consents to approve a uniform replacement at the district, funded by Fruhaut Uniforms Inc., with a 12 year guarantee, replacing 2009 stock to cover through 2034. It also reviews 2022 legislative priorities to secure federal pandemic aid, mental health support, and broadband access, with a 6 pm meeting at 10 McDonald Drive open to the public and livestream options via Channel 26 and YouTube.
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