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News
9 Restaurant Chains That Went Bankrupt and Came Back Anyway
9+ hour, 41+ min ago (451+ words) A bankruptcy filing can make a restaurant chain look finished before the story is actually over. Chapter 11 often gives a business room to reorganize while it keeps operating, though liquidation is also possible. These nine chains show how a familiar…...
'This is the test': All eyes on US Fed to tackle high inflation
5+ hour, 51+ min ago (717+ words) The US Federal Reserve goes into a key rate-setting meeting this week with markets expecting policymakers to pull the trigger on a rate hike to tackle persistently high inflation -- and analysts say central bank chief Kevin Warsh's credibility is on…...
Benin bets on turning its cotton crop into clothes at home
3+ hour, 28+ min ago (886+ words) The founder of DAF Collection said that the tag means her country is trying to take full advantage of the abundant raw material produced in Benin. For her, there is also the opportunity to support more women in her community…...
How Dollar Tree (Accidentally) Killed Family Dollar
8+ hour, 9+ min ago (342+ words) Dollar Tree spent $8.5 billion to acquire Family Dollar — and then sold it off for $1 billion just a decade later. Fortune called it an "albatross." CNN called it "disastrous." But here's the twist: Dollar Tree's stock climbed 64% in 2025, with sales topping…...
Apollo Global Is Said in Talks to Acquire J&J’s Orthopedics Unit
1+ day, 5+ hour ago (82+ words) Alternative asset manager Apollo Global Management Inc. is in discussions to acquire the Johnson & Johnson orthopedics unit that the conglomerate has been looking to separate, according to people familiar with the matter....
Marvell CEO reveals decade-long gem behind its explosive 239% surge
1+ day, 5+ hour ago (542+ words) Marvell has outperformed every major chip stock, from NVDA and AMD to Broadcom, over the past year....
Forget NVDA: Peter Thiel's New $419 Million Portfolio Bets Big on the Power Behind AI
1+ day, 6+ hour ago (41+ words) Peter Thiel‘s investment firm, Thiel Macro LLC, disclosed a $418.67 million equity portfolio across eight companies in the second quarter, bypassing semiconductor manufacturers to allocate capital toward electrical grid operators, nuclear developers, tech infrastructure, and conventional energy. Rebuilding Capital in......
Bill Dudley Expects Fed to Raise Rate by 25 Bps
1+ day, 6+ hour ago (47+ words) Bill Dudley, a Bloomberg Opinion columnist and former president of the Federal Reserve Bank of New York, says he would be shocked if the Federal Reserve did not raise interest rates by 25 basis points at their next meeting. He speaks…...
Oracle to Spend an Additional $700 Million on More Job Cuts
1+ day, 6+ hour ago (29+ words) Oracle Corp. increased the scale of its planned job cuts while the company grapples with a cash crunch tied to development of large-scale data centers for artificial intelligence work....
Co-Branded Stores Advance WOWorks’ Franchise Development Push
1+ day, 6+ hour ago (375+ words) As more health-centric, quick-service concepts enter the fold, WOWorks CEO Kelly Roddy understands how crucial it is to win the store traffic and real estate battles....