KVSP Business
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Bruce Bennett/Getty Images (NEW YORK) — TGI Fridays is starting off the new year by shuttering dozens of locations to support the restaurant chain’s long-term growth strategy, which it said includes appointing a former stakeholder to lead select regional locations “into a new phase of revitalization.” The Dallas-based casual dining bar and grill chain announced […]
Witthaya Prasongsin/Getty Images (NEW YORK) — Dozens of families who are suing Snap Inc., the parent company of Snapchat, won a legal victory Tuesday when a judge in California ruled their lawsuit against the social media giant may continue. Over 60 family members of children who allegedly obtained illegal drugs through Snapchat are part of […]
JohnFScott/Getty Images (NEW YORK) — Starbucks will become the first nationwide coffee retailer to accept reusable cups for mobile orders, effective immediately, the coffeehouse chain said in a release Wednesday. Customers will now also have the same reusable cup option for drive-thru orders for the first time. Coffee drinkers can now fill a “clean, personal […]
moodboard/Getty Images (NEW YORK) — Mortgage rates have plummeted in recent weeks, boosting the prospects of homebuyers previously stifled by high borrowing costs. Many forecasters predict mortgage rates will drop further, however, since the Federal Reserve expects to cut its benchmark interest rate this year. Those circumstances pose a quandary for buyers: Jump into a […]
CEO Elon Musk attends the Atreju political meeting organised by the young militants of Italian right wing party Brothers of Italy – CREDIT: Future Publishing/Getty Images (NEW YORK) — Days after Elon Musk bought X for $44 billion last year, he strolled through the glass doors at company headquarters carrying a kitchen sink. “Let that […]
FDA (NEW YORK) — Over 675,000 cans of baby formula are being recalled for possible bacterial contamination, the company announced. Reckitt and Mead Johnson Nutrition, the makers of Enfamil and Nutramigen, announced Saturday it was voluntarily recalling cans of Nutramigen Hypoallergenic Infant Formula Powder, a specialty formula given to infants with cow’s milk allergy, following […]
Jon Challicom/Getty Images (NEW YORK) — The recent headlines for electric vehicles have been brutal: Sales are dropping. Momentum is slipping. Consumers are souring on the technology. Experts say, however, that 2024 may be the year to finally pull the plug on gasoline-powered cars and trucks. “Five years ago we did not have the array […]
