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
Fed Says Three Rate Cuts – This Analyst ‘Wouldn’t Be Surprised’ by Two
Alexander Reed, CFA and CIO for Envisage Wealth, breaks down why he thinks rates could stay higher for longer and why real estate, utilities, and regional banks are sectors to avoid.
Big Brands Can Pivot if TikTok Gets Banned. For Many Small Businesses, It's Another Story
Big brands that have relied on TikTok videos to reach younger consumers do not appear to be panicking as they wait to see what happens. But they have started planning.
With All the Recent Headlines About Panels and Tires Falling Off Planes, Is Flying Safe?
It's been 15 years since the last fatal crash of a U.S. airliner, but you wouldn't know that from a torrent of flight problems that made news in the last three months.
The Supreme Court Confronts the Issue of Abortion, Again
Abortion opponents want the high court to ratify a ruling from a conservative federal appeals court that would limit access to a medication called mifepristone, which was used in nearly two-thirds of abortions last year.
Why Students Should Learn How to Use ChatGPT
Annie Chechitelli, chief product officer at Turnitin, breaks down how students and teachers alike can learn from artificial intelligence – while still maintaining academic integrity.
Merlin Entertainment Buys ‘Orlando Eye’
Fresh off news the company is buying the Orlando Eye, Merlin Entertainment CEO Scott O’Neil talks theme park trends, dynamic pricing, and growth.
The Latest From GMC and Buick Ahead of the NY Auto Show
Ahead of the New York International Auto Show, Duncan Aldred, Global VP of Buick and GMC, discusses what vehicles and strategies are ahead for GM.
Talking Luxury and TikTok with Neiman Marcus
Neiman Marcus Group CEO Geoffroy van Raemdonck talks luxury shopping and TikTok, why the company prefers to be private for now, and the benefits of flexible work arrangements.
The U.S. Could be Headed for a Recession
Rebecca Walser, founder and CEO of Walser Wealth Management, discusses how geopolitical conditions, the bifurcated economy, and other volatility could weigh on markets.
