New Starbucks CEO Brian Niccol will focus on improving the chain’s U.S. business in his early days on the job before he moves to fix its issues abroad, according to an open letter…
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Editor’s Pick
Editor's Pick
The White Stripes sue Trump for using ‘Seven Nation Army’ in campaign video
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The rock group The White Stripes have filed suit against GOP presidential nominee Donald Trump’s campaign for its use of the band’s megahit ‘Seven Nation Army’ in a since-deleted campaign…
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Broadband industry quietly abandons Capitol Hill fight to revive low-income internet subsidy
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Internet service providers like Charter, Verizon and Comcast have quietly scaled back their efforts to revive the Affordable Connectivity Program, an expired federal internet subsidy that helped low-income households pay for broadband. The $14.2 billion program provided…
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Big Lots files for bankruptcy protection as it promises to keep offering ‘extreme bargains’
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Discount home goods retailer Big Lots filed for bankruptcy protection on Monday after high interest rates and a sluggish housing market slowed demand for its low-priced furniture and decor. As part of its Chapter…
The battle for Rupert Murdoch’s global media kingdom is headed to the biggest little city in the world. Murdoch, the 93-year-old billionaire press baron, reportedly wants to alter the terms…
Chase Bank said it was reviewing incidents of individuals who may have participated in an online check fraud ‘glitch’ trend and referring them to law enforcement authorities. Last weekend, social…
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U.S. airlines cool hiring after adding 194,000 employees in post-Covid spree
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U.S. passenger airlines have added nearly 194,000 jobs since 2021 as companies went on a hiring spree after spending months in a pandemic slump, according to the U.S. Department of…
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Google’s second antitrust trial could help shape the future of online ads
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A month after losing a landmark antitrust case brought by the Department of Justice, Google is headed back to court to face off for a second time against federal prosecutors. In August, a judge…
WASHINGTON — President Joe Biden is preparing to announce that he will formally block Nippon Steel’s proposed $14.9 billion acquisition of U.S. Steel, two people familiar with the matter confirmed…
A bankruptcy court approved Red Lobster’s plan to exit Chapter 11, putting the seafood chain one step closer to exiting bankruptcy. The company, known for its seafood offerings and cheddar biscuits, filed for…