Toyota, Vir Biotechnology, Eli Lilly and others

Check out the companies making headlines before the bell: Toyota (TM) – Toyota gained 2.2% in premarket trading after announcing it would produce a record 800,000 vehicles in January. Toyota is ramping up production to make up for earlier production lost due to parts shortages. Vir Biotechnology (VIR) – Vir Biotechnology is up 4.3% in … Read more

Higher restaurant wages save profits – some warn more pain is ahead

Employees prepare orders for customers at a Chipotle Mexican Grill restaurant in Hollywood, California. Patrick T Fallon | Bloomberg | Getty Images Customers are returning to restaurants in droves, but employees are not, putting even greater pressure on fast food chains to maintain market share and protect profits as they navigate a tight job market. … Read more

Brinker share drops 10% after work accidents, food costs weigh on profit

Hiring sign at Chili’s bar and grill with plenty of incentives. UCG | Universal Images Group | Getty Images Shares of Chile’s parent company Brinker International fell about 10% in morning trading Wednesday after the restaurant company released preliminary earnings ahead of investor’s day, which showed higher labor and food costs seeping into profit margins. … Read more