10 years after filing for bankruptcy, Detroit boasts balanced budget, improved services
It has been 10 years since Kevyn Orr helped the city of Detroit, Michigan, file for bankruptcy. Now the city boasts a balanced budget and improved services.
Landlord charged tenants thousands when they complained of bugs, gross conditions: AG
The Pennsylvania Attorney General announced a lawsuit against Philadelphia-area property management company SBG Management Services for “multiple violations."
Times Square Margaritaville hotel faces bankruptcy, gets caught up in legal dispute
The Margaritaville Resort Times Square Hotel in New York City has recently found itself in the center of a legal dispute. The LLC with 100% membership interest in it filed for bankruptcy.
Business owners warn Austin is 'just a few years behind San Francisco' as homeless, crime crises escalate
Austin business leaders Jamie Hammonds and Jordan Moorhead claim the city's homeless and crime problems are "flourishing" at a time with minimal police presence.
St Louis Fed President Jim Bullard steps down, headed to Purdue University
St. Louis Federal Reserve President James Bullard has stepped down to become dean of Purdue University's business school, the bank announced Thursday.
Wine country waste workers for Pelosi, Newsom Napa vineyards seek $300M over alleged toxic contamination
Waste removal workers in California wine country are whistleblowing over health concerns after a wildfire tore through a landfill uphill from Napa vineyards in 2020.
Tornado disrupts hundreds of flights at Chicago's O'Hare and Midway airports
A tornado touched down at Chicago's O'Hare International Airport on Wednesday, leading to hundreds of flights being canceled or delayed until the severe weather passed.
Can AI stop San Francisco’s 'tech exodus'?
San Francisco has seen an exodus of residents and businesses since its pandemic lockdowns, including from its critical tech industry. But news data shows AI could be bringing it back.
San Francisco's Anchor Brewing closing after 127 years
San Francisco-based Anchor Brewing Co., known as the first craft brewery in the U.S., is shutting down after 127 years of business, citing the effect of the pandemic and inflation.
Restaurants slap diners with charges for everything from water to staff healthcare, drawing scorn
About one in six restaurants is adding surcharges to checks in an attempt to offset high costs, but the charges have raised the ire of customers and observers.
Cyprus opens largest casino resort in Europe as tourism picks back up following pandemic: 'Ready to compete'
City of Dreams Mediterranean, Europe's largest casino resort, opened in Cyprus. It is expected to bring 6,500 jobs and an additional 300,000 visitors per year to the luxury destination.
Disney sees decrease in wait times at parks on Fourth of July
Disney had notably shorter posted wait times for its U.S. theme parks on the Fourth of July, indicating foot traffic was down, according to data from Touring Plans.
Airbnb bookings dip in Austin, San Francisco prompting ‘doom loop’ fears
A decline in Airbnb bookings in metropolitan areas including Austin and San Francisco is raising concern about real estate markets in those cities and the potential for a "doom loop."
Century-old business latest casualty of San Francisco retail closures
Goorin Bros., a San Francisco hat store that was founded in 1895, will shutter a Union Square location, following other stores that have fled the city since the pandemic.
NYC sued by food delivery services over new minimum wage law
Food delivery companies, including GrubHub, Uber and DoorDash, are suing New York City in an attempt to fight a new law requiring a $17.96-an-hour minimum wage for workers.
NYC's new AI hiring software regulations hit with pushback from business groups
Businesses in New York City now must prove any artificial intelligence-driven hiring software they use does not have any racist or sexist biases under a new law.
Racist robots? NYC now requires 'bias audit' when AI used for job recruiting
New York City passed a law governing AI-assisted hiring practices, mandating that businesses that use the tool must conduct a third-party "bias audit" to prevent discrimination.
Casa Bonita restaurant to pay staff $30 an hour, ban tipping amid South Park creators' relaunch
South Park creators Matt Stone and Trey Parker bought the restaurant and entertainment venue and its relaunch will see staff paid $30 an hour and tips banned.
Explosions rock DC businesses as suspects remain on the loose: police
Police in Washington, D.C., are searching for suspects who allegedly detonated explosive devices at three businesses in northeast D.C. early Sunday morning, according to a statement.
San Francisco residents earning $100,000 considered 'low income'
A California government agency says that a $100,000 salary in San Francisco is considered "low income," according to a memorandum earlier in June.