US Business
FTX Seeks to Recoup Sam Bankman-Fried’s Charitable Donations
FTX and its founder doled out millions in donations before the crypto exchange went bankrupt. Now the nonprofits wonder: What should they do with the money?
Month: January 2023
US Business
The Race to Build the ‘Yellowstone’ Universe
Amid tight deadlines and freezing temperatures, Paramount churns out prequels to generate programming for its streaming service and capitalize on a hit.
US Business
Southwest’s December Meltdown Could Cost Up to $825 Million
The airline expects a negative pretax impact of up to $825 million after it canceled more than 16,700 flights late last year as a winter storm wreaked havoc on operations.
US Business
Beer Sales Drop as Consumers Balk at Higher Prices
U.S. demand for beer fell at the end of last year after a strong run of defying inflation.
US Business
McDonald’s to Make Staff Changes by April as Part of Broader Revamp
The plan comes as the company said it would expand its business globally, including through new and more types of restaurants.
US Business
TikTok CEO Plans to Meet European Union Regulators
Shou Zi Chew is heading to Brussels as the popular app faces heightened scrutiny in Washington over its Chinese ownership.
Restaurant
Jefferson’s Announces New Breakfast Menu
Jefferson’s Restaurant is excited to announce the launch of their breakfast menu! They have some tasty new signature items such as breakfast burritos, loaded scrambles, hot honey chicken and waffles, and bottomless mimosas. Starting January […]
US Business
Samsung Expects 69% Drop in Profit on Slumping Tech Demand
High inflation and weak economies hit sales of memory chips and smartphones.
US Business
ChatGPT Creator in Investor Talks at $29 Billion Valuation
A tender offer at that valuation would make OpenAI one of the most valuable startups in the U.S., bucking a tech retrenchment.
US Business
Bed Bath & Beyond Prepares to File for Bankruptcy Within Weeks
The home-goods chain’s stock plunged after it expressed substantial doubt about its ability to stay in business.