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
Stretching Your Dollar: How to Save an Extra $50 a Week
On this edition of Stretching Your Dollar, Bobbi Rebell, author of "Launching Financial Grownups: Live Your Richest Life by Helping Your (Almost) Adult Kids Become Everyday Money Smart," gives some tips on how to save a little extra each week.
Afternoon Alexa Flash Briefings of May 17th
Afternoon Alexa Flash Briefings
Trader Nation: How to Position Your Portfolio for Retail Earnings
Ed Egilinsky, managing director, head of sales and distribution and alternatives at Direxion, offers some advice to investors on how to position their portfolio for retail earnings.
Stock Market Today: Wall Street Rises on Hopes US May Avoid Default
Wall Street rose along with hopes that the U.S. government can avoid a default on its debt. The S&P 500 rose 1.2% Wednesday.
Musk Says He's Not Stepping Down as Tesla CEO, Tells Shareholders the Company Will Advertise
Elon Musk on Tuesday dismissed speculation that he might step down as Tesla's CEO and told the company’s annual shareholders meeting that the electric car and solar panel company would start doing some advertising.
Disney Asks Judge to Dismiss DeSantis-Appointed Board's Lawsuit in Latest Tit-For-Tat
Disney on Tuesday asked a state judge to dismiss a lawsuit filed by a governing board appointed by Gov. Ron DeSantis to oversee Disney World, claiming the company has been the victim of the “weaponizing” powers of government aimed at punishing it for opposing a law dubbed “Don't Say Gay” by critics.
Elizabeth Holmes Loses Latest Bid to Avoid Prison and Gets Hit With $452 Million Restitution Bill
Disgraced Theranos CEO Elizabeth Holmes appears to be soon bound for prison after an appeals court Tuesday rejected her bid to remain free while she tries to overturn her conviction in a blood-testing hoax that brought her fleeting fame and fortune.
Ford Recalls 310,000 Trucks to Fix Problem With Driver's Front Air Bag
Ford is recalling more than 310,000 trucks in the U.S. because the driver’s front air bag may not inflate in a crash.
Cheddar Morning News Briefings of May 17th
Cheddar Morning News Briefings
