Wendy’s closes hundreds of restaurants after plunge in same-store sales worse than Wall Street expected
Wendy’s is closing several hundred U.S. restaurants and increasing its focus on value after a weaker-than-expected fourth quarter. The Dublin,...
Americans’ new tariff coffee math means ditching the Starbucks, McDonald’s and Dunkin’ runs
For years, it was a daily McDonald’s trip for a cup of coffee with 10 sugars and five creams. Later,...
Amazon’s Ring decides maybe partnering with a police surveillance firm is a bad idea after wide revulsion at Super Bowl ad
Amazon’s smart doorbell maker Ring has terminated a partnership with police surveillance tech company Flock Safety. The announcement follows a...
Brian Moynihan isn’t so worried about an AI jobs bloodbath, pointing to a 1960s theory that computers would end all management roles
There’s a fair amount of hand-wringing over how much damage artificial intelligence will inflict on the jobs market: Fed chairman...
AI is transforming science – more researchers need access to these powerful tools for discovery
Beyond the chatbots and productivity tools that have dominated public attention, AI is extending the reach of cutting-edge science and...
The skies for American Airlines are clearer than you think
Dramatic headlines across business publications declare that there is a “civil war” within American Airlines, with union leaders expressing a...
As baby boomers are forced to ‘unretire’ because they’ve not saved enough, 6-year-olds in Germany will soon have retirement accounts
Millions of baby boomers are being forced out of retirement, having realized their nest eggs don’t quite make ends meet....
Victoria’s Secret CEO says new customers are embracing the escape provided by the glamorous brand: ‘We were living in a beige world for awhile’
Victoria’s Secret doesn’t just want to sell you a bra this Valentine’s Day—it wants to sell you an escape hatch...
Lowe’s CEO used to make $4.35 an hour working at Target. His secret to climbing the corporate ladder was volunteering for jobs ‘nobody else wanted’
Some professionals got their start working in retail—but not nearly as many of those same workers made it all the...
Trillion-dollar AI market wipeout happened because investors banked that ‘almost every tech company would come out a winner’
Investors wobbled last week as they worked through the disruption AI is likely to cause across global industries, with further...
Mel Robbins says feeling stuck ‘doesn’t mean you’re broken’—it’s the biggest mindset mistake people over 40 make
Many Americans feel stuck in their jobs. Gen Z workers are accepting whatever gig they can land, while mid-career professionals...
The ‘Sell America’ trade inflicted ‘lasting damage’ on the U.S. dollar, ING says
The U.S. economy was growing at an annualized rate of 4.4% last year (the most recent period for which we...
Blackstone mogul warned of ‘urgent need’ for AI preparedness—Now he’s turning his $48 billion fortune into a top philanthropic foundation
Stephen Schwarzman built one of the world’s largest private-equity firms. Now, he’s reportedly focused on building one of the biggest...
Cisco CEO says all people who are wildly successful in tech share 3 traits
The pace of change in Silicon Valley is relentless. New AI tools and large language modelsseem to drop every week,...
Social Security’s trust fund is nearing insolvency, and the borrowing binge that may follow will rip through debt markets, economist warns
The latest estimates from the Congressional Budget Office show that the Social Security trust will run out of money by...
