Four minors as young as 16 were allegedly discovered working overnight at an Alabama slaughterhouse owned by the same firm that was found directly responsible for the death of a 16-year-old Mississippi worker last summer, the U.S. Labor Department said in federal court filings. The company, Mar-Jac Poultry, has denied that it knowingly hired minors for its Jasper, Alabama, facility, saying the workers had ...
With higher prices and elevated interest rates stubbornly sticking around, Chipotle burrito bowls and European vacations are still on the table for many consumers. But Big Macs and kitchen remodels aren’t. The most recent round of quarterly earnings reports helped to sort companies into largely two camps: McDonald’s, Starbucks and Home Depot were among the consumer-centric companies that surprised investors with weaker-than-expected results, saying customers had ...
Department stores are aging — and so are their customers. For over a century, the stores won over multiple generations with a promise to sell shoppers a wide variety of everything. For many Millennial and Gen Z consumers, that hasn’t been enough — especially as they discover items on social media, and specialty retailers, big-box stores and online players steal ...
Red Lobster has filed for voluntary Chapter 11 bankruptcy in Florida, the company confirmed in a statement late Sunday night — but it intends to keep its locations open. The 56-year-old seafood chain, the largest of its kind in the U.S., said it would ‘drive operational improvements, simplify the business through a reduction in locations, and pursue a sale of ...
Wendy’s will offer a $3 breakfast combination meal starting Monday, as restaurant chains look for new ways to drive sales while consumers pull back on dining out. The deal will include a small portion of seasoned potatoes and a choice of either a bacon, egg and cheese English muffin or a sausage, egg and cheese English muffin, the fast-food chain said. ...
Ivan Boesky, a onetime Wall Street titan-turned-convict who served as the partial inspiration for the 1987 Oliver Stone film ‘Wall Street,’ has died at the age of 87. Though he denied ever saying it, contemporary accounts reported Boesky extolling the virtues of avarice in a commencement speech at the University of California Berkeley in 1986. “I think greed is healthy,’ ...
Ultraconservative Iranian President Ebrahim Raisi was killed Sunday, along with his foreign minister, in a helicopter crash in Iran’s remote northwest, injecting fresh uncertainty as the country’s hardline clerical establishment navigates rising regional tensions and domestic discontent. The loss of two of Iran’s most influential political figures comes as the country buckles under significant economic and political strain, with tensions with nearby Israel at a dangerous high. ...
Taiwan President Lai Ching-te called on Beijing to cease its intimidation of the democratic island after he was was sworn in as president Monday, marking the start of a historic third consecutive term for the ruling Democratic Progressive Party (DPP), which has championed democracy in the face of years of growing threats from authoritarian China. Lai, 64, a former doctor and ...
Blue Origin’s tourism rocket has launched passengers to the edge of space for the first time in nearly two years, ending a hiatus prompted by a failed uncrewed test flight. The New Shepard rocket and capsule lifted off at 9:36 a.m. CT (10:36 a.m. ET) from Blue Origin’s facilities on a private ranch in West Texas. NS-25, Blue Origin’s seventh ...
Rescuers are searching in the dark for a helicopter that crashed while carrying Iranian President Ebrahim Raisi in northern Iran on Sunday, according to Iranian officials. Raisi’s condition and that of Iranian Foreign Minister Hossein Amir Abdollahian, who was also on board, remain unknown as overnight temperatures drop in the mountainous area. The aircraft came down in the early afternoon ...