Discussion on the decline in restaurant spending in the US, insights from Denny's CEO on consumer behavior and industry performance. Topics covered include employment in food services, credit card spending, initiatives on diversity, equity, and inclusion, stabilization of costs, and the impact of the pandemic on restaurant locations. The chapter also touches on strategies to meet customer needs, Denny's value proposition, and the CEO's connection with Nvidia's founder.
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Bloomberg News US Semiconductor Reporter Ian King discusses Micron Technology, the largest US maker of computer memory chips, dropping on Thursday after its forecast disappointed investors seeking a bigger payoff from artificial intelligence mania. Bloomberg News Technology and E-Commerce Reporter Spencer Soper talks about California Police seizing suspected stolen goods bound for Amazon. Kelli Valade, President and CEO at Denny’s, explains the restaurant chain’s commitment to Diversity, Equity and Inclusion. And we Drive to the Close with Amanda Agati, Chief Investment Officer at PNC Asset Management Group.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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