At least 99 locations of Red Lobster are being auctioned off amid questions about the stalwart seafood chain’s long-term future. In a post Monday on LinkedIn, Neal Sherman, founder and CEO of TAGeX Brands, a liquidation firm, announced he was leading the closure of more than 50 Red Lobster locations,…
Price growth in many key consumer categories has slowed considerably or ceased altogether — but that has done little…
Federal Reserve Chair Jerome Powell reiterated Tuesday that inflation is falling more slowly than expected and will keep the…
U.S. safety regulators have opened a probe into Amazon-owned robotaxi venture Zoox after two of its autonomous SUVs braked suddenly…
Workers at a Mercedes-Benz plant in Alabama began voting Monday on whether to join the United Auto Workers union, a…
Target will limit which stores sell LGBTQ-themed products following last year’s firestorm over its decision to sell products designed…
Fewer homeowners have been taking on remodeling projects, reports show. But don’t mistake it for a slow market. The…
Federal authorities said Friday they charged Fat Brands and its chair, Andy Wiederhorn, of committing a brazen scheme that netted him…