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 bankruptcy protection in May. Red Lobster had struggled with increased competition, expensive leases, last year’s disastrous shrimp promotion and a broader…
Global semiconductor and associated stocks fell on Wednesday, following a steep plunge in Nvidia’s share price in the U.S.…
German automotive giant Volkswagen is bracing for a showdown with trade unions shortly after it said it cannot rule out shutting factories in…
Football is back, and it’s expected to bring with it record-breaking betting. U.S. adults will wager $35 billion this…
Airlines that spent years clamoring for new jets are changing their tune. Cash-strapped, low-cost and deep discounter airlines are…
Warren Buffett’s Berkshire Hathaway reached a $1 trillion market capitalization on Wednesday, the first nontechnology company in the U.S. to score…
Aug 26 (Reuters) — Care.com, a platform for providing in-home care services to children, older adults and pets, agreed…
Philip Morris International said on Tuesday it would invest $232 million to expand production capacity for ZYN nicotine pouches at…
Walmart and a Dutch manufacturer are voluntarily recalling apple juice sold under Walmart’s ‘Great Value’ brand because of elevated…