Industry

Hooters Seeks Bankruptcy Protection, Plans Sale of Corporate-Owned Locations

Hooters Seeks Bankruptcy Protection, Plans Sale of Corporate-Owned Locations

Hooters files for bankruptcy, plans to sell corporate-owned locations to franchisees while aiming for a financial turnaround.


Disney, ABC Face Federal Scrutiny as FCC Probes DEI Practices

FCC investigates Disney and ABC over potential violations of equal employment opportunity regulations regarding DEI practices.

Boeing's Jeppesen Auction Draws Heavyweight Bidders, Price Surges Past $8 Billion

Boeing's Jeppesen auction draws top bidders, with offers surpassing $8 billion as private equity and aerospace firms compete.

Amazon Pharmacy Chief Medical Officer Vin Gupta Departs After Five Years

Amazon Pharmacy's Chief Medical Officer, Dr. Vin Gupta, departs after five years, joining Manatt to lead health innovation initiatives.


Latest News

Radio Free Europe Wins First Round in Court Against Trump’s
Radio Free Europe wins a legal battle against Trump's shutdown order as a judge blocks the move, citing congressional authority.
23andMe’s Collapse Sparks Data Privacy Warnings from Cybersecurity Experts
23andMe's bankruptcy raises major data privacy concerns as experts warn about risks to users' genetic information.
Boeing to Stand Trial in June Over 737 Max Misconduct
Boeing will stand trial in June over 737 Max misconduct allegations, marking a major legal battle following two deadly crashes.
Kroger Alleges Albertsons Secretly Plotted Lawsuit Before Merger Collapse
Kroger countersues Albertsons, alleging secret legal tactics before their failed $25B merger.
JPMorgan Adds Affirm to Payments Network, Strengthening BNPL Offerings
JPMorgan partners with Affirm to expand buy now, pay later options for merchants, enhancing flexible payment solutions.
Postal Workers Push Back as USPS Faces Calls for Privatization,
Postal workers nationwide protest USPS privatization plans and job cuts, fearing higher costs and reduced services.
Nearly 1.3M Ford F-150s Probed for Potentially Dangerous Transmission Issue
Ford F-150 trucks from 2015-2017 are under investigation for sudden transmission downshifts, raising safety concerns.
Chinese Automaker BYD Outperforms Tesla with $107B Revenue Milestone
BYD surpasses Tesla with $107 billion in revenue, marking a major shift in the global EV market.
Eli Lilly’s Obesity Pill Data Release Could Shake Up the
Eli Lilly's orforglipron, a once-daily pill, could transform the weight loss drug market with its needle-free convenience and potential market dominance.
Hyundai Announces Largest-Ever US Investment With $20 Billion Expansion
Hyundai announces a record $20 billion U.S. investment, including a $5.8 billion steel plant in Louisiana, creating over 1,400 jobs.
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