McDonald's is working to introduce a $5 value meal
The potential new offering comes at a time when low-income consumers are beginning to pull back on spending, particularly at fast-food brands.
The Latest
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Jeff Bezos' morning routine includes scrolling and dragging his feet: ‘I'm not as productive as you might think'
Jeff Bezos doesn’t jump to tackle work and responsibilities in the morning. Here’s why the billionaire entrepreneur embraces a slow start to the day.
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Federal trade commission sues to block $8.5 billion merger of Coach and Michael Kors
The Federal Trade Commission sued to block Tapestry, Inc.’s $8.5 billion acquisition of Capri Holdings Ltd., saying that the deal would eliminate direct head-to-head competition between the fashion companies’ brands like Coach and Michael Kors in the so-called affordable luxury handbag arena.
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Express files for Chapter 11 bankruptcy protection, plans to close nearly 100 stores
The company said it planned to close 95 of its Express retail stores and all UpWest stores.
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Couple grew their basement side hustle into a business bringing in $4.5M per year: We'd ‘never seen anything like that in a bank account'
Audrey Finocchiaro and Sam Lancaster nearly gave up on The Nitro Bar. Now, their coffee business brings in $4.5 million a year across Rhode Island and Massachusetts.
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Summer airfares expected to be higher this year due to decreased supply of Boeing planes
Prices for airfare for your summer vacation may be sky high this year after manufacturing delays for new Boeing aircraft are likely to decrease the amount of flights available in the United States.
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Lululemon to shutter Washington distribution center, lay off 128 employees after tripling warehouse footprint
Lululemon is shutting down its Washington distribution center and laying off 128 employees after it opened a massive new warehouse outside of Los Angeles.
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Hyundai pauses X ads over pro-Nazi content on the platform
Automaker Hyundai said it had paused its advertising on Elon Musk’s social media app, X, after a sponsored post from the company appeared next to antisemitic and pro-Nazi posts. Hyundai confirmed the pause in a statement to NBC News late Wednesday.
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Google fires 28 workers in aftermath of protests over big tech deal with Israeli government
Google has fired 28 employees in the aftermath of protests over technology that the internet company is supplying the Israeli government amid the Gaza war, further escalating tensions surrounding a hot-button deal.
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Jessica Alba steps down as chief creative officer at Honest, the personal care company she founded
Jessica Alba, who shot to fame in the James Cameron television series “Dark Angel,” as well as films such as “Sin City” and the “Fantastic Four,” will step down as chief creative officer at Honest Company, a personal care company that she founded.
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Tesla settles lawsuit over Apple engineer's death in a crash involving its Autopilot software
Tesla has settled a lawsuit brought by the family of a Silicon Valley engineer who died in a crash while relying on the company’s semi-autonomous driving software.
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Yellen calls for level playing field for US workers and firms during China visit
The U.S. treasury secretary has called for a level playing field for American companies and workers as she opens a five-day visit to China in a major industrial and export hub. She told the governor of Guangdong province on Friday that the U.S. and others are concerned about spillovers from industrial overcapacity in China, and will meet with U.S. ... -
Kia recalls over 427,000 Telluride SUVs because they might roll away while parked
Kia is recalling more than 427,000 of its Telluride SUVs due to a defect that may cause the cars to roll away while they’re parked.
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New $20 minimum wage for fast food workers in California set to start Monday
Most of California’s fast food workers are set to be paid at least $20 per hour. A new law mandating the minimum wage increase for fast food workers is scheduled to take effect on Monday.
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‘Guilt tipping' is getting out of control, but signs show consumers are pushing back
Recent reports show shoppers are experiencing “tip fatigue” and starting to tip less — and resent “guilt tipping” even more.
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Linda Bean, entrepreneur, GOP activist and granddaughter of LL Bean, has died
Linda L. Bean, a granddaughter of famed outdoor retailer L.L. Bean who became an entrepreneur, philanthropist and conservative activist, has died at age 82.
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Report: MGM Resorts considering sale of casinos in Mass. and Ohio
MGM Resorts International is considering selling its casinos in Springfield, Massachusetts, and Northfield Park, Ohio, according to a report from Bloomberg News, which cited people with knowledge on the matter. The company, which operates 31 casinos globally, began consulting financial advisors upon review of MGM’s share price, which has rise... -
Apple sued by Biden administration over alleged iPhone ‘monopoly power'
The U.S. Department of Justice filed a landmark lawsuit against Apple on Thursday, accusing it of monopolizing the smartphone market.
