BusinessNews

Bloomin’ Brands Appoints Former Delta COO Michael Spanos as New CEO

Bloomin’ Brands, the parent company of Outback Steakhouse, has appointed Michael Spanos as its new CEO. Spanos, who recently left his position as Chief Operating Officer at Delta Air Lines, takes over from David Deno, who announced his retirement in May. Spanos’s departure from Delta, following a tumultuous period marked by a major CrowdStrike-related outage that disrupted thousands of…
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BusinessNews

PNB Housing Finance Shares Dip 2% Amid Heavy Turnover: Carlyle Group Poised to Offload 12.8% Stake

Shares of PNB Housing Finance Ltd experienced a significant drop of over 2% in Tuesday’s trading session, accompanied by a notable increase in turnover on the Bombay Stock Exchange (BSE). This decline follows reports suggesting that the Carlyle Group, a prominent global investment firm, is preparing to sell a substantial stake in the state-run housing finance company. According to a recent…
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