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Business
Denny's to close 150 restaurant locations
Denny’s Corporation will close 150 of its Denny's restaurants. The company, which owns the Denny’s and Keke’s Breakfast Cafe chains, said those Denny’s locations will close by…
Live news: Nasdaq notches second-best close as tech groups advance
The Nasdaq Composite closed at its highest level since July, as Big Tech stocks continue to recover after a growth and valuations scare over the summer.The tech-dominated index…
Americans shift to more affordable cars as prices, insurance costs increase nationally: report
A growing number of affordable cars are hitting the American market, with the average car cost in the U.S. feeling seemingly out-of-reach for most consumers as inflation…
McDonald’s shares drop as Quarter Pounders tied to fatal US E. coli outbreak
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Shares in McDonald’s dropped by as much as 10 per cent…
LARRY KUDLOW: Kamala Harris' energy agenda will blow inflation sky-high
Does she, or doesn't she? Is Kamala for fracking, or against it? Does she want to promote the expansion of fracking, or doesn't she? It's all mysterious and confusing. She,…
UK water regulator could be scrapped in ‘root and branch’ review
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Water regulator Ofwat could be overhauled or even…
McDonald's linked to E. coli outbreak, CDC says
McDonald's Quarter Pounder hamburgers have been linked to an E. coli outbreak spanning ten states, the Centers for Disease Control and Prevention (CDC) warned Tuesday. The CDC…
Starbucks scraps 2025 guidance after fall in sales and earnings
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Starbucks has suspended its financial guidance as it…
IRS sets new tax brackets, raises standard deduction for 2025
The Internal Revenue Service (IRS) on Tuesday announced its inflation adjustments to tax brackets and deductions for the 2025 tax year, potentially giving Americans a chance…
Former Abercrombie & Fitch CEO Mike Jeffries charged with sex trafficking
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.US prosecutors have accused former Abercrombie &…