Business

The restaurant industry has faced significant turmoil in the past year, with many chains grappling to stay afloat amid economic challenges. As consumers tightened their belts due to soaring inflation, the effects rippled throughout the dining sector. This narrative of struggle culminated in a considerable uptick in restaurant closures in 2024, with chains reevaluating their
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On a fateful day at Muan International Airport in South Korea, Jeju Air flight 7C2216 made a catastrophic belly landing that ended in tragedy, claiming numerous lives and highlighting the importance of rigorous aviation safety measures. As investigators sift through the debris of the accident, they face a complex web of questions regarding the technical
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This year’s Christmas Day transformed into a landmark occasion for Netflix, as the streaming giant achieved unprecedented viewership for its exclusive airing of NFL matches. According to data from Nielsen, nearly 65 million fans watched the two eagerly anticipated games that day, setting a new record for NFL viewership in the United States. The Baltimore
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The recent legal actions taken by the Consumer Financial Protection Bureau (CFPB) against Walmart and the work-scheduling platform Branch Messenger highlight serious concerns regarding the treatment and compensation of gig economy workers, specifically delivery drivers. This complaint sheds light on a broader issue surrounding worker rights in the evolving landscape of app-based employment. As these
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In a significant advancement for patients grappling with obstructive sleep apnea (OSA) and obesity, the Food and Drug Administration (FDA) has granted Eli Lilly the green light for its groundbreaking medication Zepbound. Initially hailed as an effective weight loss solution, Zepbound is now recognized for its potential in addressing OSA, a sleeping disorder characterized by
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Nike, a titan in the sportswear industry, has recently experienced a critical moment as it navigates through challenges under the leadership of new CEO Elliott Hill. With the fiscal second quarter of 2025 presenting an opportunity for reflection and rejuvenation, Nike’s recent financial performance has raised eyebrows and sparked interest in the company’s future direction.
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The realm of collegiate athletics has burgeoned into a lucrative industry, amassing revenues amounting to billions each year. As private investors set their sights on this lucrative sector, a pivotal question emerges: What is the actual worth of a collegiate sports program? Recently, CNBC undertook the challenge to quantify this value, engaging with experts within
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In the contemporary housing market, a paradox emerges: while inventory levels dwindle, vast amounts of residential space lay unutilized across the United States. Recent data from Realtor.com has revealed a striking statistic: the number of ‘extra bedrooms’—bedrooms exceeding the number of residents—has soared to a record high, reaching 31.9 million in 2023. This phenomenon raises
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The ongoing saga between Starbucks and its employees represented by Workers United has reached a critical juncture, with a staggering 98% of baristas authorizing a strike in pursuit of a formal contract. This overwhelming vote signals not only the determination of workers but also highlights the persistent disconnect between labor and management. As negotiations are
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