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Categories Business

Red Lobster seeks a buyer as it looks to avoid bankruptcy filing

Author April 26, 2024

Beleaguered seafood chain Red Lobster is seeking a buyer as it looks to avoid filing for bankruptcy, CNBC has learned.  The company has considered filing

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Categories Business

Workers earning up to $58K a year could soon become eligible for overtime pay

Author April 26, 2024

Millions more Americans could become eligible for overtime pay. The Biden-Harris administration announced a final rule Tuesday that raises the minimum salary threshold to qualify

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Categories Business

UAW’s Tennessee win fuels backers’ hopes in the South, but some skeptics are unmoved

Author April 26, 2024

The United Auto Workers just notched a historic victory in Tennessee, the union’s first major win since signing new contracts in Detroit

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Categories Business

Congress approved a TikTok ban. Why it could still be years before it takes effect.

Author April 26, 2024

TikTok’s fate in the U.S. has never been more in doubt after Congress approved a bill that gives its parent company two

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Categories Business

New deep-water channel allows first ship to pass Key Bridge wreckage in Baltimore

Author April 26, 2024

BALTIMORE — The first cargo ship passed through a newly opened deep-water channel in Baltimore on Thursday after being stuck in the

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Categories Business

Ring home security customers will get refunds over security-lapse claims

Author April 26, 2024

The Biden administration is sending out $5.6 million in refund payments to certain Ring home security system customers after the company settled

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Categories Business

College protesters want their schools to divest from ties to Israel. Here’s what that means.

Author April 26, 2024

In addition to a cease-fire in Gaza, protesters on college campuses across the country are calling on their schools to divest from

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Categories Business

How Volvo landed a cheap Chinese EV on U.S. shores in a trade war

Author April 26, 2024

A made-in-China electric vehicle will hit U.S. dealers this summer offering power and efficiency similar to the Tesla Model Y, the world’s

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Categories Business

Southwest cuts growth plans, warning effect of Boeing airplane delays will last into 2025

Author April 26, 2024

Southwest Airlines on Thursday posted a wider loss for the first quarter than the same period last year and warned that Boeing’s airplane delays will

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Categories Business

Trump Media jumps more than 9% after CEO asks House GOP to probe possible DJT stock ‘manipulation’

Author April 25, 2024

Shares of Trump Media shot up more than 9% on Wednesday, hours after the company revealed it was urging House Republican committee leaders to investigate possible

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