WASHINGTON — Boeing CEO Kelly Ortberg told senators on Wednesday that he’s happy with the company’s progress improving manufacturing and safety practices following several accidents, including a…
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Business
Restaurant chain Hooters files for bankruptcy protection to enable founder-led buyout
by adminby adminRestaurant chain Hooters of America filed for bankruptcy protection in Texas on Monday, seeking to address its $376 million debt by selling all of its…
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Business
AMC bets on premium screens as Hollywood slate boasts big blockbuster titles
by adminby adminHollywood’s blockbuster slate is heating up, and AMC Entertainment is increasing the number of its premium screens to meet demand. The world’s largest cinema chain is adding…
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President Donald Trump commuted the criminal sentence of Ozy Media founder Carlos Watson on Friday, just hours before Watson was due to begin serving a 116-month prison term for…
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Business
Lululemon shares drop 15% as CEO says inflation, economic concerns are weighing on spending
by adminby adminLululemon beat Wall Street expectations for fiscal fourth-quarter earnings and revenue, but issued 2025 guidance that disappointed analysts. On an Thursday earnings call, CEO…