The parent company of the Twin Peaks 'breastaurant' chain has filed for Chapter 11 bankruptcy protection, raising questions about the future of its 16 Florida locations, including a Jacksonville restaurant that opened in 2023. The chain plans to remain operational during restructuring.
American Express reported fourth-quarter earnings that narrowly missed analyst forecasts, yet a modest stock decline reflects investor confidence in its robust guidance and the sustained momentum of its high-end cardmember base.
The iconic California-born chain Peet's Coffee is closing 27 locations, including outlets in Manhattan Beach and Redondo Beach, as it navigates post-acquisition restructuring and a challenging market for mid-size coffee retailers.
Twilio shares have faced significant pressure, dropping over 14% in the past month. As the cloud communications leader grapples with investor skepticism, analysts are divided on whether the sell-off presents a value entry point or reflects justified concerns about competition and margins.
With Spirit Airlines shrinking operations under bankruptcy protection, JetBlue executives confirm detailed contingency plans are ready to deploy, centering on the crucial Fort Lauderdale hub.
Missouri's inaugural month of legal sports betting attracted over $540 million in wagers, but aggressive promotions led to a net revenue loss for operators, even as the state collected millions in fees and taxes.
A scheduled increase in the taxable wage base for Social Security will impact earnings up to $184,500 next year, altering tax liabilities for higher earners and potentially widening the retirement savings gap for millions.
Financial planners are urging a shift in mindset: the date on your retirement party invitation matters less than the balance in your investment portfolio. We break down the calculations that show whether you're truly ready to leave the workforce.
NetEase Cloud Music has entered a multi-year strategic partnership with Universal Music Group, securing licensing and distribution rights for UMG's vast catalog in China. The deal aims to expand music access for Chinese listeners while creating new global promotion channels for domestic talent.
Secretary-General Antonio Guterres has issued his starkest warning yet, stating the United Nations' deepening liquidity crisis threatens its operations and risks a financial meltdown, driven by unpaid dues and an antiquated budget rule.
Damascus has declared its intention to permanently close the sprawling al-Hol and Roj displacement camps in northeast Syria, which house over 28,000 people connected to the Islamic State. The move, confirmed by officials and aid groups, sparks urgent debate about the future of detainees, including foreign nationals.
Bank of America extends its partnership with Volvo Car Financial Services through 2030, solidifying its position in automotive lending. Concurrently, the bank joins JPMorgan Chase in matching contributions to the new federal 'Trump Accounts' child savings program, while advancing a dual-track expansion in digital services and physical branches.
Paramount Skydance is launching a new programmatic advertising platform for live sports on Paramount+ and initiating a quarterly dividend, signaling a strategic shift towards monetizing its existing audience amid ongoing financial pressures.
The wealth management sector kicks off the year with strategic acquisitions and rebranding moves. Corient expands its Silicon Valley footprint, Carson integrates a long-time partner, and Cetera lures a team from Raymond James, highlighting the ongoing consolidation and competition for advisor talent.
Stockholders of CSG Systems International have overwhelmingly approved a slate of key proposals, including governance changes and merger-related actions, during a recent virtual Extraordinary General Meeting. The approvals pave the way for the company's next phase of strategic growth.
The consumer goods giant reports resilient Q4 2025 results, beating expectations despite market headwinds, and unveils a comprehensive new strategy focused on omnichannel demand, premiumization, and AI-driven efficiency to drive growth through 2030.
A U.S. license shift paves the way for Chevron to expand its unique position in Venezuela's oil sector, offering potential upside amid significant political and operational risks.
Planet Labs secures a strategic enterprise agreement with the Slovenian government, expanding its public sector footprint with applications in agriculture, urban development, and disaster preparedness. The deal comes as investors scrutinize the company's premium market valuation amidst growing competition in the Earth observation sector.
A pair of aviator sunglasses worn by French President Emmanuel Macron during a high-profile moment at Davos has triggered a global sales frenzy for the historic brand Henry Jullien. While the Italian-owned company sees its stock and orders surge, industry veterans question whether the presidential spotlight can stem the long-term decline of French eyewear manufacturing.
Elon Musk is exploring strategic mergers for SpaceX, with discussions underway for potential combinations with either Tesla or his AI startup xAI, as the billionaire seeks to consolidate his sprawling technological ventures ahead of a landmark public offering.
