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Categories Business

Inflation vs. wages: How rising prices stack up against growing pay

Author June 27, 2024

It’s a key question on voters’ minds heading into Thursday night’s presidential debate: How far does my dollar go in 2024? The short

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Categories Business

How Delta made itself America’s luxury airline — and what United wants to do about it

Author June 26, 2024

Delta Air Lines is the country’s most profitable airline. CEO Ed Bastian’s challenge is to make sure his carrier stays on top. The airline’s

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Categories Business

Maker of Hershey’s, Jeni’s, and Friendly’s ice cream products issues recall over Listeria

Author June 26, 2024

A company responsible for producing ice cream products for several popular brands, including Hershey’s, Jeni’s and Friendly’s, has issued a recall because

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Categories Business

Novo Nordisk to build $4.1 billion North Carolina facility to boost output of Wegovy, Ozempic

Author June 26, 2024

Novo Nordisk on Monday said it will spend $4.1 billion to build a new manufacturing plant in Clayton, North Carolina, in a bid

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Categories Business

Hooters to close ‘underperforming’ restaurants amid broader industry woes

Author June 26, 2024

Hooters said Monday that it’s closing ‘a select’ number of underperforming restaurants, the latest casual dining chain to announce shutdowns amid broader

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Categories Business

Paramount+ to increase prices for its streaming plans

Author June 25, 2024

Paramount Global is hiking the price of its flagship streaming service as the company looks to turn around its business. The company said Monday

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Categories Business

European Union regulators accuse Apple of breaching the bloc’s tech rules

Author June 25, 2024

European Union regulators on Monday said Apple is in breach of sweeping new tech rules because it does not allow customers of

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Categories Business

Polls say older voters want Social Security protections. Yet parties are tied for their support.

Author June 24, 2024

Voters, ages 50 and up, will have a strong influence on the November election. And politicians who want to win their vote would be

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Categories Business

LongHorn up, Olive Garden down: Darden earnings hint at dinings sales drag

Author June 24, 2024

Darden Restaurants on Thursday reported mixed quarterly results as Olive Garden’s same-store sales fell for the second consecutive quarter. For fiscal 2025, Darden is

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Categories Business

Tesla has downsized by at least 14% this year after Elon Musk said layoffs would exceed 10%

Author June 24, 2024

Tesla’s hefty downsizing in 2023 has reduced its global headcount to just over 121,000 people, including temps, internal records suggest, indicating that the

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