Hooters files for bankruptcy, plans to sell corporate-owned locations to franchisees while aiming for a financial turnaround.
Industry
China Hits Back With 34% Tariffs After Trump's Reciprocal Move
China retaliates with 34% tariffs on U.S. goods in response to President Trump's recent tariff moves, escalating the trade war between the two nations.
Jaguar Land Rover Halts US Shipments Amid New Tariff Pressures
Jaguar Land Rover halts US shipments in response to new 25% tariffs, as the British auto industry faces growing challenges.
Vape Companies Lose Supreme Court Battle Over Flavored Products
The Supreme Court upholds the FDA's ban on flavored vaping products, citing concerns over youth addiction and public health.
Amazon Enters TikTok Ownership Battle With Unexpected Acquisition Offer
Amazon makes a surprise bid to acquire TikTok as the U.S. ban deadline approaches, shaking up the battle for the popular video app.
Latest News
FCC investigates Disney and ABC over potential violations of equal employment opportunity regulations regarding DEI practices.
Boeing's Jeppesen auction draws top bidders, with offers surpassing $8 billion as private equity and aerospace firms compete.
Amazon Pharmacy's Chief Medical Officer, Dr. Vin Gupta, departs after five years, joining Manatt to lead health innovation initiatives.
Dollar Tree is selling Family Dollar for $1 billion, ending a troubled decade-long merger.
Frank founder Charlie Javice is accused of fraud for misleading JPMorgan Chase in a $175M acquisition deal.
Radio Free Europe wins a legal battle against Trump's shutdown order as a judge blocks the move, citing congressional authority.
23andMe's bankruptcy raises major data privacy concerns as experts warn about risks to users' genetic information.
Boeing will stand trial in June over 737 Max misconduct allegations, marking a major legal battle following two deadly crashes.
Kroger countersues Albertsons, alleging secret legal tactics before their failed $25B merger.
