A bankruptcy court approved Red Lobster’s plan to exit Chapter 11, putting the seafood chain one step closer to exiting bankruptcy. The company, known for its seafood offerings and cheddar biscuits, filed for bankruptcy protection in May. Red Lobster had struggled with increased competition, expensive leases, last year’s disastrous shrimp promotion and a broader…
Global semiconductor and associated stocks fell on Wednesday, following a steep plunge in Nvidia’s share price in the U.S.…
Comcast’s NBCUniversal has a longstanding bet on the Olympics, but this summer the company threw all of its resources at…
Football is back, and it’s expected to bring with it record-breaking betting. U.S. adults will wager $35 billion this…
German automotive giant Volkswagen is bracing for a showdown with trade unions shortly after it said it cannot rule out shutting factories in…
Even as mortgage interest rates were rising, home prices reached the highest level ever on the S&P CoreLogic Case-Shiller…
Airlines that spent years clamoring for new jets are changing their tune. Cash-strapped, low-cost and deep discounter airlines are…
Even as mortgage interest rates were rising, home prices reached the highest level ever on the S&P CoreLogic Case-Shiller…