Dyson to Invest £100 Million in New Technology Site in Bristol and £166 Million in R&D Campus in the Philippines

Dyson has announced its plans to invest £100 million in a new technology facility in Bristol as part of its expansion of robotics centres throughout the UK. The vacuum and battery manufacturer will employ hundreds of software and artificial intelligence engineers at the new site to create innovative products and apps. Dyson’s commercial and ecommerce…

Darden Restaurants acquires Ruth’s Chris Steak House for $715 million in all-cash deal

On Wednesday, Darden Restaurants announced that it will acquire Ruth’s Hospitality Group, the parent company of Ruth’s Chris Steak House, for $715 million in an all-cash transaction, valuing Ruth’s at $21.50 per share. Ruth’s Chris Steak House has over 150 locations worldwide and generated $505.9 million in revenue in 2022. The deal is expected to…