Wendy's is planning to close 140 of its restaurants in the next few months. But don't worry, they're not disappearing—the fast food chain is opening an equal number of new locations. The restaurants being shut down are old and in areas that aren't doing well financially, according to Wendy's CEO, Ki
Sun Country Airlines, known for its hybrid low-cost model, is considering a new partnership with Amazon that could involve special charter flights for dedicated customers. This news came from Sun Country's CEO, Jude Bricker, during a call to discuss the company's financial results. Currently, Sun Co
Imagine this: China's navy, the world's largest, just did something brand new. They took two of their aircraft carriers out for a ride in the South China Sea. This isn't just any ordinary cruise, though. The navy was practicing how to work together with both carriers. The stars of the show were CNS
In a big move this week, the EU took a stand against China by imposing tariffs on Chinese electric vehicle (EV) manufacturers. These tariffs, ranging from 17% to 35. 3%, were put in place after talks between the EU and China broke down. The tariffs are meant to tackle the heavy subsidies that the Ch
Uber saw a big drop in their shares, about 11%, after warning that their ride bookings might not grow as fast as investors hoped. This news came as the company said their ride bookings, a key way to measure how many people use their service, grew slower than expected in the third quarter. Shares of
Comcast, the parent company of NBC, is considering a big change. They might split off some of their cable networks, like MSNBC and CNBC, into a new company. This isn't because these networks are failing, but because the way people watch TV is changing. More people are streaming shows online instead
Dropbox, a well-known file-sharing service, has recently let go of more than 500 employees. This latest round of layoffs comes after a similar move just over a year ago. The company's CEO, Drew Houston, cited several reasons for the job cuts, including a decrease in demand and economic challenges. D
The woman running the Diaper Spa in New Hampshire is in deep trouble. She's been fined a whopping $17, 500 for advertising her spa as a mental health service without the right licenses. Dr. Colleen Ann Murphy isn't licensed to practice medicine in New Hampshire, where her spa was based. She's only l
British businesses are feeling the pinch after the UK's Finance Minister, Rachel Reeves, announced a tax-hiking budget. The biggest change is an increase in National Insurance (NI) payroll tax for employers. This will rise from 13. 8% to 15% from April 2025 and will start at a lower income threshold
China is facing a unique challenge with its aging population and decreasing birth rates. To tackle this, many kindergartens are transforming into senior care homes. In the eastern province of Zhejiang, a preschool in Jinhua city switched from catering to tiny tots to caring for the elderly. Zhuang Y
