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Denny's Announces 150 Location Closures Following Disappointing Earnings Report
Denny's announces plans to close 150 locations by 2025 due to declining revenue and changing consumer habits, while focusing on underperforming sites.
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Stellantis Announces End of Operations at Arizona Proving Grounds
Stellantis NV will close its 4,000-acre Arizona vehicle testing site by the end of the year as part of ongoing cost-cutting measures amid declining sales.
Tesla Faces NHTSA Inquiry Over 'Full Self-Driving' Crashes Linked to Visibility Issues
The US is investigating Tesla's "Full Self-Driving" system after crashes, including a pedestrian fatality, in low-visibility conditions.
Frozen Waffles Sold at Major Retailers Recalled Due to Possible Listeria Contamination
TreeHouse Foods has recalled over 500 varieties of frozen waffles sold at major retailers like Walmart and Target due to potential listeria contamination, prompting concerns for consumer safety.
Johnson & Johnson's $8 Billion Settlement in Jeopardy Amid Voting Fraud Claims
Lawyers representing some claimants say that Johnson & Johnson cheated during the voting process for a settlement related to health claims about baby powder.
Walgreens to Shut Down 1,200 Stores Across US Amid Decreased Consumer Spending
Walgreens is set to close approximately 1,200 stores nationwide over the next three years due to declining consumer spending, with 500 locations shutting down in fiscal year 2025.
PepsiCo Fights Back Against Shrinkflation by Offering Bigger Bags of Tostitos and Ruffle
PepsiCo is addressing consumer frustration over shrinkflation by increasing the chip quantities in select Tostitos and Ruffles bags by 20% while maintaining the same prices.
McDonald's Supplier Lamb Weston Shutters Washington Plant Amid Slump in Fry Sales
Lamb Weston, a major supplier for McDonald's, has closed its Connell, Washington plant and cut 4% of its global workforce due to declining demand for French fries among fast food customers.
FTC Enforces New Rule for Easy Subscription Cancellations Ahead of Election
The US Federal Trade Commission has enacted a new "click to cancel" rule, mandating that businesses must make subscription cancellations as easy as sign-ups, ahead of the upcoming election.
Lufthansa Faces $4 Million Penalty for Discriminating Against 128 Jewish Passengers
Lufthansa has been penalized $4 million by the US government for allegedly discriminating against Jewish travelers.
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