Money
Wendy’s went all in on breakfast. It’s paying off
People are eating at home more. But Wendy’s says they’re still showing up for breakfast. The chain said Wednesday that sales at its US…
Continue ReadingAlamo Drafthouse, the fan-favorite movie theater chain, files for bankruptcy
Alamo Drafthouse, the movie theater chain beloved by fans for its boozy milkshakes, theme nights and strict no-talking rules, has filed for…
Continue ReadingThese Texas chains will still require masks once the state’s mandate is lifted
The end of mask mandates in Texas and Mississippi has created a dilemma for businesses: Keep such safety rules in place to protect against Covid-19…
Continue ReadingBiden’s energy secretary vows to ‘leave no worker behind’ in the clean energy revolution
Fossil fuel workers will not be left behind in the Biden administration’s push to embrace clean energy. That’s the promise from new…
Continue ReadingWhy facial piercings could help boost mall traffic
Consumers typically have flocked to malls because they’re a one-stop shop for everything from socks to sofa sets. Now, one of the biggest mall…
Continue ReadingThis piercing chain thinks it has found a new way to get people through mall doors
Consumers typically have flocked to malls because they’re a one-stop shop for everything from socks to sofa sets. Now, one of the biggest mall…
Continue ReadingNew fund tracks ‘meme stocks’ after GameStop saga caught Wall Street off guard
Looking for a hot stock to buy? Investors — especially younger millennial and Gen Z traders— are increasingly getting tips from sources like…
Continue ReadingSoftBank-backed Greensill Capital is on the brink. 50,000 jobs could be at risk
The future of Greensill Capital, a UK financial startup backed by SoftBank, has been thrown into doubt after German regulators shuttered a bank it…
Continue ReadingMicrosoft says a group of cyberattackers tied to China hit its Exchange email servers
Microsoft says that a sophisticated group of hackers linked to China has exploited its popular email service that allowed them to gain access to…
Continue ReadingJapanese billionaire invites 8 people to join SpaceX mission around the Moon
Japanese fashion mogul Yusaku Maezawa, who first announced his intention in 2018 to take a group of artists with him on a six-day trip around the…
Continue ReadingUK says the biggest companies must pay more tax
Britain will hike taxes on its biggest companies in 2023 as it begins to repair government finances in the wake of the pandemic, the worst economic…
Continue ReadingPrivate equity firm acquires Michaels in $5 billion deal
Private equity giant Apollo Global Management is acquiring arts and crafts retailer Michaels in a $5 billion deal. Apollo will buy all outstanding…
Continue ReadingRight-wing misinformation on Facebook is more engaging than its left-wing counterpart, research finds
By now it’s well known that Facebook has a misinformation problem. The company has tried to address it in various ways, from labeling false…
Continue ReadingWinter storm cools gun sales after Capitol insurrection led to record-setting January
The winter storm that left much of the nation covered in snow and ice last month also caused gun sales to cool down a bit after heating up in January…
Continue ReadingTikTok empowered these plus-sized women, then took down some of their posts. They still don’t know why
After losing her marketing job due to the pandemic and then gaining 40 pounds, Remi Bader, 25, began spending more time on TikTok. She built up a…
Continue ReadingVaccines and stimulus are a powerful cocktail for the US recovery
Those betting on an economic boom in the United States this spring and summer just got a dose of very good news. What’s happening: President…
Continue ReadingLeaving Las Vegas: Sands is selling its casinos in a $6.25 billion deal
Las Vegas Sands Corp., the upscale resort and casino company founded by the late Sheldon Adelson, is leaving its namesake city and selling its two…
Continue ReadingExclusive: Wall Street is in for a rude awakening, former NY Fed president says
Wall Street threw a fit last week when Treasury rates spiked. The stock market tanked and investors feared the economy was overheating. Former New…
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