Chick-fil-A was recently named America’s favorite fast-food restaurant, but the chain has just topped a decidedly less flattering list. According to industry publication QSR magazine’s Drive-thru Report, Chick-fil-A has the slowest drive-thru time of 10 popular restaurants, at 325 seconds, or about 5 1/2 minutes, on average. Wendy’s, whose founder Dave …
Read More »Elon Musk proposes going ahead with deal to buy Twitter
Trading in shares of Twitter was halted after the stock spiked on reports that Elon Musk would proceed with his $44 billion deal to buy the company after months of legal battles. For a second time, Musk offered to buy the San Francisco company for $54.20 a share, according to …
Read More »U.S. job openings sink in August, signaling potential pullback in hiring
The number of available jobs in the U.S. plummeted in August compared with July as businesses grow less desperate to hire workers, a trend that could cool chronically high inflation. There were 10.1 million advertised jobs on the last day of August, the Bureau of Labor Statistics said Tuesday, down …
Read More »Elizabeth Holmes seeks new trial, saying key witness has regrets
Disgraced Theranos CEO Elizabeth Holmes requested a new trial Tuesday, asserting in a court filing that a key witness for the prosecution now regrets the role he played in her conviction for investor fraud and conspiracy related to her failed blood-testing startup. The petition centers on the reliability of testimony …
Read More »Amazon’s bestselling mattress is a health hazard, lawsuit claims
One of Amazon’s bestselling products is a health hazard, alleges a proposed class-action lawsuit against Zinus, the maker of a popular and inexpensive “Green Tea Mattress” sold by retailers nationwide. A California woman is leading the proposed class-action suit — one of multiple lawsuits being levied against the company — representing …
Read More »Peloton to cut 800 jobs, close stores and raise bike and treadmill prices
Peloton said it is cutting almost 800 jobs and will be closing stores as it seeks to reduce costs and improve its financial situation. In a memo from CEO Barry McCarthy to employees, McCarthy wrote that the decisions are necessary “if Peloton is ever going to become cash flow positive.” …
Read More »Gas prices have dropped for 7 straight weeks. Here’s why that’s good and bad news.
American drivers are getting some relief at the pump, with gas prices dropping for seven consecutive weeks after reaching record prices in June. But there’s both good and bad news behind the decline in gas prices, experts say. The average price for a gallon of gas dropped to $4.14 a …
Read More »How the Senate Democrats’ surprise spending plan could impact your taxes
The surprise agreement between Senator Joe Manchin and other Democrats on a new health care, energy and climate bill paves the way for some tax changes that have long been on President Biden’s agenda. Whether the proposal could affect you may depend on your income, your job and where you live. …
Read More »Most middle
The hottest inflation in forty years is taking its toll on families, with three-quarters of middle-income Americans saying their earnings aren’t enough to pay for their cost of living, according to a recent survey. In some ways, Americans with annual earnings of $30,000 to $100,000 are now under more financial …
Read More »5 takeaways from “Uber Files” investigation into company’s influence
A new leak of more than 100,000 records shows that ride hailing giant Uber used stealth technology to ward off regulators and lobbied political leaders around the world to help the startup undermine worker rights, avoid taxes and expand its global footprint. The bombshell Uber Files investigation is based on a …
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