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Restaurant chain Hooters files for bankruptcy protection to enable founder-led buyout

Restaurant chain Hooters of America filed for bankruptcy protection in Texas on Monday, seeking to address its $376 million debt by selling all of…
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Elon Musk says backlash against his DOGE government cuts is hurting Tesla stock

Tesla CEO Elon Musk said Sunday that his involvement in the Trump administration could be hurting the automaker’s stock price. Speaking at a…
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Meta’s head of AI research announces departure

Meta’s head of artificial intelligence research announced Tuesday that she will be leaving the company.  Joelle Pineau, the company’s vice president of AI…
Stock

AMC bets on premium screens as Hollywood slate boasts big blockbuster titles

Hollywood’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…
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Amazon’s Nova AI agent launch puts it up against rivals OpenAI, Anthropic

Amazon on Monday released a new AI model that can take actions in a web browser on a user’s behalf, a move that puts it…
Stock

Trump commutes sentence of Ozy Media founder Carlos Watson

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…
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FCC is investigating Disney and ABC for DEI initiatives

The Federal Communications Commission has alerted the Walt Disney Company and its ABC unit that it will begin an investigation into the diversity, equity and…
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Lululemon shares drop 15% as CEO says inflation, economic concerns are weighing on spending

Lululemon beat Wall Street expectations for fiscal fourth-quarter earnings and revenue, but issued 2025 guidance that disappointed analysts. On an Thursday earnings call,…
Stock

Trump signs executive order to end collective bargaining at agencies involved with national security

President Donald Trump moved Thursday to end collective bargaining with federal labor unions in agencies with national security missions across the federal government,…
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Robinhood CEO sees Amazon-like subscription model as path to ‘loyalty’ in financial services

Robinhood CEO Vlad Tenev is betting that by rolling out a large enough portfolio of digital investment products, more consumers will be willing…
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