Industry

Red Lobster may close dozens more locations as it cuts costs and works to recover from its 2024 bankruptcy.

IKEA will open 10 new U.S. stores in 2026, expanding into Texas, Arizona, and several other fast-growing markets.

Warner Bros. Discovery reopens talks with Paramount Skydance after a raised $31 per share bid challenges Netflix's takeover deal.

Dollar Tree is opening more stores in wealthier neighborhoods to attract higher-income shoppers and drive stronger sales growth.

Singapore will add a new flight levy of up to $32 per ticket to fund sustainable aviation fuel starting October.

ByteDance says it will strengthen safeguards on Seedance 2.0 after Disney raised copyright concerns.

Wendy's plans nationwide restaurant closures after an 11.3% U.S. sales drop and a weak 2026 earnings forecast.

Amazon's Ring ends its planned Flock Safety partnership after Super Bowl ad sparks privacy concerns.

Over 22,000 pounds of ground beef were recalled by the USDA Food Safety and Inspection Service due to possible E. coli contamination.

McDonald's tests high-protein menu items to appeal to customers using GLP-1 weight-loss drugs.

Africa leads global solar growth in 2025, expanding 17% despite a worldwide slowdown in renewable energy.

Heineken plans to cut up to 6,000 jobs worldwide as it faces slower growth and industry challenges in 2026.

Kraft Heinz pauses its company split and invests $600 million to boost marketing, innovation, and profitable growth.

Spirit Airlines seeks court approval to auction 20 Airbus jets to reduce debt and streamline operations amid bankruptcy.

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Red Lobster Continues Cost-Cutting Efforts With Potential Store Closures