A Minnesota school district closed its doors Monday following bomb threats, a day after a 5-year-old student and his father were released from immigration detention—an incident that has drawn national scrutiny and raised questions about the family's safety.
The iconic outdoor apparel brand Eddie Bauer is preparing to file for Chapter 11 bankruptcy and close its physical stores across the U.S. and Canada, marking a decisive shift to a digital-first future while retaining some international retail presence.
Facing soaring business rates and cautious consumers, UK restaurant chains are deploying deep discounts and creative promotions to attract diners, as the sector grapples with post-pandemic recovery and a cost-of-living squeeze.
Acting President Delcy Rodríguez announces sweeping amnesty proposal for political detainees and closure of El Helicoide prison, marking significant concessions following the U.S. capture of former leader Nicolás Maduro.
Yum China Holdings, the operator of KFC and Pizza Hut in China, is considering initiating a quarterly dividend, signaling a potential shift toward more regular capital returns to shareholders amid strong analyst sentiment.
Amid Chapter 11 proceedings, FAT Brands and its affiliate Twin Hospitality are shuttering an additional 14 Smokey Bones BBQ restaurants nationwide. The move follows earlier closures and conversions, highlighting a strategic pivot toward the more profitable Twin Peaks sports bar concept as the parent company restructures.
Catalyst Brands, parent company of the century-old outdoor apparel retailer Eddie Bauer, is preparing for Chapter 11 bankruptcy and will close all 180 of its brick-and-mortar locations across the United States, launching immediate liquidation sales.
The Himalayan kingdom transferred Bitcoin holdings worth $22 million to institutional counterparties as prices slid, with analysts characterizing the move as part of routine treasury management rather than a sign of distress.
A New York State budget hearing descended into chaos as lawmakers grilled MTA Chairman Janno Lieber over a $35 million private security contract, with tensions boiling over into shouted interruptions and a demand for an apology.
The abrupt closure of three LOOK Dine-In Cinemas in the Los Angeles area highlights the mounting pressures on mid-sized theater chains, caught between streaming dominance, costly upgrades, and shifting audience habits.
A heated congressional hearing saw Rep. Maxine Waters revive her ‘reclaiming my time’ mantra, culminating in a sharp demand for the chair to silence Treasury Secretary Scott Bessent. The exchange underscores the deep political divide over the causes of inflation and housing affordability ahead of the midterms.
The impending closure of the Anaheim Transportation Network (ATN) bus service, a fixture for Disneyland visitors for nearly 30 years, highlights growing financial pressures on local transit and forces tourists to rethink their travel plans to the iconic resort.
New data reveals a sustained contraction in UK service sector employment, driven by severe pressures on pubs and restaurants, marking the most prolonged downturn in 16 years.
The regional quick-service chain is deploying PAR Technology's integrated suite of POS, payment, and hardware systems across its 300 locations, aiming to streamline operations and enhance customer experience amid growth plans.
The iconic Southern-themed chain Cracker Barrel is implementing a cost-cutting measure requiring traveling staff to eat only at company-owned locations, as it navigates financial challenges and recent public relations setbacks.
Saudi Arabia's SPPC closes its Emirati subsidiary, Al Madinah Packaging Co., as part of a strategic pivot to shed non-core assets and refocus on high-growth domestic and regional markets.
The U.S. Small Business Administration will exclude lawful permanent residents from its flagship loan guarantee programs starting March 1, reversing recent policies and drawing sharp criticism from business advocates who warn it will stifle entrepreneurship.
The Southern-themed restaurant chain has issued internal guidelines requiring traveling staff to take meals primarily at company locations, a move that has sparked debate over corporate culture and employee autonomy.
The House is poised to pass a funding bill to reopen most government agencies, while NASA postpones its crewed moon mission. In Arizona, authorities are investigating the suspected abduction of 'TODAY' anchor Savannah Guthrie's mother.
First Brands Group, parent of Cardone Industries, closes facilities in Harlingen and Arlington as bankruptcy and federal fraud charges against former executives unravel the company, leaving Texas workers out of work.
