Burger King is closing two dozens locations in the Detroit area and laying off 424 employees as it plans to permanently cease operations in Michigan. The Texas-based burger chain blamed "unforeseen business circumstances." The closures started on March 17 and are expected to be finished by April 15.
Share:
More In Business
Hundreds of Journalists Strike to Demand Leadership Change at Biggest US Newspaper Chain
Journalists at two dozen local newspapers across the U.S. walked off the job Monday to demand an end to painful cost-cutting measures and a change of leadership at Gannett, the country's biggest newspaper chain.
Europe Pushes for 'Made by A.I.' Labels on Text, Images, Video
A top EU official said companies should roll out the technology to recognize AI-generated content and "clearly label[s] this to users."
Tech Check: Apple Introduces New 'Mixed Reality' Headset
Apple on Monday unveiled a long-rumored headset that will place its users between the virtual and real world, while also testing the technology trendsetter's ability to popularize new-fangled devices after others failed to capture the public's imagination.
Stretching Your Dollar: How Decluttering Can Help Your Wallet
A new poll shows that nearly half of Americans want a minimalist lifestyle and 41% cited financial reasons for doing so. Joshua Becker, founder and editor of Becoming Minimalist, joined Cheddar News to discuss the financial and psychological benefits of removing the physical possessions not needed.
The Day Ahead: Quarterly Earnings Update & D-Day Anniversary
The Day Ahead: Quarterly Earnings Update & D-Day Anniversary
Growing Mediterranean Culinary Chain Cava Launching IPO
Mediterranean-style restaurant chain Cava is set to go public as it launches its IPO on Tuesday.
S&P 500 Falls From 9-Month High
S&P 500 Falls From 9-Month High
Airlines Expected to Make $10B This Year Globally
Airlines are expected to make nearly $10 billion in profits this year, despite a slowing economy, according to a new forecast from the International Air Transport Association.
Stretching Your Dollar: How to Prepare for the Return of Student Loan Payments
Will Sealy, co-founder and CEO of Summer, a financial advisory firm, offers some tips on how to prepare for the return of student loan payments.
