Financing
Tech and kitchen upgrades lift profits at Outback Steakhouse
Owner Bloomin’ Brands now plans to reinvest some of the earnings into boosting traffic, which fell 4% in the second quarter.
Leadership
P.F. Chang's CEO Damola Adamolekun steps down
He’s returning to Paulson & Co., the private-equity firm that owns the chain. P.F. Chang’s board member Rohit Manocha will take over on an interim basis.