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Categories Business

Restaurant chain Hooters files for bankruptcy protection to enable founder-led buyout

April 2, 2025

Restaurant chain Hooters of America filed for bankruptcy protection in Texas on Monday, seeking to address its $376 million debt by selling all of

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Categories Business

Elon Musk says backlash against his DOGE government cuts is hurting Tesla stock

April 2, 2025

Tesla CEO Elon Musk said Sunday that his involvement in the Trump administration could be hurting the automaker’s stock price. Speaking at a town

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Categories Business

Amazon’s Nova AI agent launch puts it up against rivals OpenAI, Anthropic

April 1, 2025

Amazon on Monday released a new AI model that can take actions in a web browser on a user’s behalf, a move that puts it

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Categories Business

Trump commutes sentence of Ozy Media founder Carlos Watson

March 30, 2025

President Donald Trump commuted the criminal sentence of Ozy Media founder Carlos Watson on Friday, just hours before Watson was due to begin serving a 116-month prison term

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Categories Business

FCC is investigating Disney and ABC for DEI initiatives

March 29, 2025

The Federal Communications Commission has alerted the Walt Disney Company and its ABC unit that it will begin an investigation into the diversity, equity and

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Categories Business

Lululemon shares drop 15% as CEO says inflation, economic concerns are weighing on spending

March 29, 2025

Lululemon beat Wall Street expectations for fiscal fourth-quarter earnings and revenue, but issued 2025 guidance that disappointed analysts. On an Thursday earnings call, CEO

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Categories Business

Trump signs executive order to end collective bargaining at agencies involved with national security

March 29, 2025

President Donald Trump moved Thursday to end collective bargaining with federal labor unions in agencies with national security missions across the federal government,

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Categories Business

Oil executives bluntly criticize Trump tariffs and ‘drill, baby, drill’ mantra

March 28, 2025

Oil executives are warning that President Donald Trump’s tariffs and “drill, baby, drill” message have created uncertainty in energy markets that is already

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Categories Business

Dollar Tree says it’s winning over higher-income shoppers and may offset tariffs with price hikes

March 28, 2025

Dollar Tree said Wednesday that it’s gaining market share with higher-income consumers and could raise prices on some products to offset President Donald Trump’s tariffs. The

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Categories Business

Chinese tea chain Chagee files for U.S. initial public offering

March 28, 2025

Chinese tea chain Chagee filed for a U.S. initial public offering on Tuesday, seeking to trade on the Nasdaq using the ticker

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