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
Biden Regulators Propose Ban on Transaction Declined Fees
The Biden administration wants to ban another type of bank “junk fee," targeting fees that are typically charged by banks when a transaction is declined in real time.
What to Expect From Tesla’s Earnings Report
Al Root, senior writer at Barron’s, breaks down everything expected from Tesla’s earnings report, from Elon Musk’s demands from the board to why the market has been looking for affordable EV options.
Netflix Unwraps Biggest Holiday Season Subscriber Growth Ever
Netflix boosted their viewer count by 13 million this quarter — even with higher subscription prices.
A Look at the Some of the Big Tech Companies Announcing Layoffs
Online retailer eBay Inc. will cut about 1,000 jobs, or an estimated 9% of its full-time workforce. The announcement follows similar moves by other tech companies that ramped up hiring during the pandemic while people spent more time and money online.
U.S. Economy Seems Headed for a Soft Landing
Tony Drake, CFP at Drake and Associates, LLC shares thoughts on whether the record gains in technology will broaden to other sectors, the risks of the Fed keeping interest rates higher for too long, and the health of the U.S. consumer.
$50M+ Improperly Spent on Defense Department Credit Cards During COVID Pandemic
In one instance, funds were spent to investigate a sinkhole, according to a recent Defense Department Inspector General report.
How To Tackle Overdue Taxes This Year
1. If you get a notice, read it.
TurboTax Maker Intuit Cannot Advertise Tax Services as 'Free' if They Are Not Free for Everyone
The Federal Trade Commission ruled that Intuit engaged in deceptive practices by running ads claiming consumers could file their taxes for free using TurboTax — when many taxpayers did not qualify for such free offerings.
Investing in Artificial Intelligence with Thomvest Ventures
Don Butler, Managing Director at ThomVest Ventures, shares how his company is investing in innovations in A.I., cybersecurity, and more.
