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Burger King Restaurant

Burger King Owner's Bold Move: $1 Billion Cash Acquisition of Top U.S. Franchisee

Burger King's parent, Restaurant Brands, buys the largest U.S. franchisee, Carrols, for $1B, eyeing major remodels and growth.

Citi building

Citigroup's Layoff Expenses and FDIC Charges Lead to $1.7 Billion in Additional Costs

Citigroup faces $1.7B in additional costs, and CEO Jane Fraser's restructuring targets cost reduction and improved performance.

Microsoft building

Microsoft's $10 Billion Partnership with OpenAI Under EU Watchdog's Lens for Compliance

European Union eyes Microsoft's partnership with OpenAI for regulatory compliance.

Nike Shoes

Nike to Lay Off Employees in Sweeping $2 Billion Cost-Cutting Effort

Nike plans layoffs amid $2B cost cuts, facing global sales dip and internal restructuring, with uncertain job cut numbers.

Shopping Mall on a Holiday

Holiday Shock: Major Mall Chain Declares Bankruptcy Amidst $2 Billion Crisis

Major Mall Declares Bankruptcy: PREIT faces its second bankruptcy in three years amid a $2 billion crisis, aiming to stay open and restructure.

Macy's

Macy's Faces Major Decision with $5.8 Billion Buyout Offer

Macy's mulls $5.8 billion buyout offer by Arkhouse Management and Brigade Capital. Board considering the proposal.

Just In

GARAGE Hits Century Mark with Grand Opening of 100th US Store

Young women shopping for clothes

MINISO Debuts First IP Collection Store in the US at New Jersey's American Dream Mall

Opening Miniso Store

Iconic Sandwich Chain J's Steaks and Subs Confirms Closure of Multiple Locations, Leaves One Remaining

A woman holding a sandwich

Express Shuts Down 11 Stores, Offers Massive Discounts Following Bankruptcy Filing

Woman standing inside a clothing area

Raydiant and Shaquille O'Neal's Big Chicken Join Forces to Elevate In-Store Dining Experience

Fried Chicken

Most Read

1

Patriot Bank Shuts Down: Over 200 Branches Closed Across the State

Closed Sign

2

Trudy's Tragedy: Iconic Tex-Mex Chain Declares Bankruptcy, Closes All But One Location

Group of friends eating

3

MINISO Debuts First IP Collection Store in the US at New Jersey's American Dream Mall

Opening Miniso Store

4

Target Faces Customer Outcry Over Controversial Self-Checkout Restrictions

Receipts and goods

5

Sandbar Mexican Grill Says Goodbye: Final Location Closure Marks End of Popular Chain

A man grilling meat