X CEO says platform to be profitable by early 2024
Social media platform X will be profitable by early 2024, CEO Linda Yaccarino said at a conference this week.
Ultra Right CEO reveals 'record-breaking' sales on limited-edition beer can featuring Trump's mugshot
The Ultra Right CEO reveals selling a whopping half a million dollars of their limited edition beer featuring former President Trump's mugshot within just 12 hours of its launch.
Uber Eats to accept SNAP benefits for grocery deliveries in 2024
Uber Eats will soon accept Supplemental Nutrition Assistance Program benefits beginning in 2024 for grocery deliveries, the company said in a blog post.
McDonald's hikes royalty fees for new US, Canada franchise restaurants
McDonald's told franchisees throughout North America royalty fees will rise to 5% to help the company maintain its competitive edge, according to a notice obtained by FOX.
How Blackstone celebrated S&P 500 inclusion
Blackstone CEO Steve Schwarzman joined the firm's employees in celebrating a a prestigious milestone for the private equity giant.
Workers, leaders want to learn about AI but may exaggerate their knowledge, study finds
A survey from Canva found that more than one in five workers have exaggerated their knowledge of AI while more than one in three senior leaders have done the same in work or personal settings.
Big Tech restaurant vendor Toast to replace CEO after fee outrage caused by 'breach of ethical leadership'
Toast Inc., the Boston-based Big Tech restaurant point-of-sale vendor, announced a management change six weeks after it angered customers over its sudden new fees.
Delta Air Lines restricts access to airport lounges, changes rules to earn elite status
Delta Air Lines is changing how customers can gain access into their lounges and earn frequent flyer status.
JPMorgan says S&P 500 is overvalued
Global debt provides another negative for an already stretched equity multiple, JPMorgan says. Inflation ticked up again in August, putting more pressure on equities.
MGM cyberattack continues to create chaos for Vegas operations; SEC notified
MGM Resorts International confirmed a recent cyberattack that is affecting computer systems and websites in a Wednesday filing with the Securities and Exchange Commission.
Mississippi introduces new lease to increase oyster production
Oyster farmers along the Gulf Coast are finding it tough to keep up with the nationwide demand and Mississippi is launching a program expanding oceanic areas for oyster harvesting.
Robinhood to buy back Bankman-Fried's stake from US government for $605.7M
The shares of Robinhood were seized and subsequently transferred to the custody of the U.S. government after Bankman-Fried's FTX and Emergent filed for bankruptcy protection last year.
Las Vegas hospitality industry struggles to recover post-pandemic
The Las Vegas hospitality industry took a hard hit during the pandemic when businesses and shops were forced to shut down. Three years later, it is still trying to recover.
Barstool Sports to lay off 25% of employees: report
Dave Portnoy said after buying back Barstool Sports that the company would lay off workers and make cuts. That is now reportedly happening.
Ultra Right 'woke free' beer is hitting the shelves in thousands of stores, restaurants across southern states
Ultra Right Beer is hitting the shelves with statewide distribution deals, just months after CEO Seth Weathers launched the ale in response to the Bud Light backlash.
ChatGPT offers 'business' version of artificial intelligence amid declining popularity
Artificial intelligence firm OpenAI has announced a business version of its ChatGPT program, aimed at catering to logistic processes and data management.
Move over, quiet quitters: 'Loud laborers' are now hurting the American workforce
There's a new viral trend in today's workplace known as "loud laborers" — and these employees are negatively impacting productivity and morale. Here's what to know.
Coffee shops offering pumpkin spice flavor earlier than past years as industry booms
The popularity of pumpkin spice has exploded in recent years, especially as an ingredient in coffee. Now, it can be found in foods like donuts, muffins and even goldfish crackers.
Subway agrees to sale to Roark Capital, ending nearly 6 decades of family ownership
Sandwich chain Subway has been owned by the families of its founders for nearly six decades, but in February announced it was exploring a possible sale.
Juul Labs ‘substantially reducing headcount’ to save money ahead of litigation settlements
Juuls Labs announced on Wednesday it was ‘saying goodbye to highly valued team members’ to hedge economic and compliance-related headwinds, impacting 250 people on the company’s staff.