Restaurant chain Hooters of America filed for bankruptcy protection in Texas on Monday, seeking to address its $376 million debt by selling all of its…
Business
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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
Robinhood CEO sees Amazon-like subscription model as path to ‘loyalty’ in financial services
by adminby adminRobinhood CEO Vlad Tenev is betting that by rolling out a large enough portfolio of digital investment products, more consumers will be willing to…
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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…
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Business
Trump signs executive order to end collective bargaining at agencies involved with national security
by adminby adminPresident Donald Trump moved Thursday to end collective bargaining with federal labor unions in agencies with national security missions across the federal government, citing…
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