Franchise News
Temu Founder Colin Huang Falls from Top Spot as China’s Richest After $21 Billion Loss

Ford CEO Cites Diverse Beliefs as Company Ends LGBTQ Survey Involvement
Ford Motor Co. has decided to stop participating in an annual LGBTQ advocacy survey and will no longer use diversity quotas for minority dealerships and suppliers.
Latest News
Toyota, BMW Set to Expand Fuel Cell Vehicle Partnership, Announcement Expected September 5
Toyota and BMW are set to enhance their collaboration in the fuel cell vehicle sector, with a memorandum of understanding to be signed next week and a formal announcement on September 5.
Lowe’s Faces Backlash Over DEI Efforts, Adjusts Policies Amid Activist Pressure
Lowe’s is scaling back its diversity, equity, and inclusion (DEI) efforts, including ending participation in LGBTQ advocacy surveys and consolidating employee resource groups, following pressure from conservative activist Robby Starbuck.
Qantas Mistakenly Discounts First-Class Flights by 85%, Rebooks Customers to Business Class
Qantas mistakenly sold 300 first-class tickets at an 85% discount due to a booking system error but will rebook affected customers in business class at no extra cost.
AT&T Hit with $950,000 Penalty for 911 Service Disruptions During Testing
AT&T has agreed to pay a $950,000 fine and implement a three-year compliance plan after an FCC investigation found the company failed to deliver 911 calls and notify emergency officials during a 2023 outage affecting four states.
Red Lobster to Close 23 More Restaurants as Bankruptcy Process Continues
Red Lobster is closing 23 more restaurants by the end of August as part of its bankruptcy proceedings and preparation for acquisition, following over 100 closures earlier this summer.
Dairy Company Milkio Foods Penalized $420,000 for Misrepresentation of Product Origin
Hamilton dairy company Milkio Foods has been fined $420,000 for falsely claiming their ghee products were made from New Zealand dairy, despite using imported butter and misleadingly using the FernMark logo.
Telegram Cofounder Pavel Durov Arrested Near Paris Over App Misuse Allegations
Telegram cofounder Pavel Durov was arrested near Paris after arriving from Azerbaijan, following a French search warrant related to allegations of his app being used for drug trafficking, money laundering, and distributing child abuse material.
Daiso Brings Japanese Variety Store Experience to Tucson This Weekend
Daiso is set to open its first Tucson store at Ventana Village on August 31, with an expected 300 shoppers attending the grand opening event.
Walmart Recalls Nearly 10,000 Cases of Apple Juice Over Arsenic Concerns
Walmart has recalled nearly 10,000 cases of Great Value apple juice due to potentially harmful levels of inorganic arsenic, following an urgent warning from the FDA.