At least 99 locations of Red Lobster are being auctioned off amid questions about the stalwart seafood chain’s long-term future. In a post Monday on LinkedIn, Neal Sherman, founder and CEO of TAGeX Brands, a liquidation firm, announced he was leading the closure of more than 50 Red Lobster locations,…
Adam Selipsky, CEO of Amazon’s cloud computing business, will step down from his role next month, the company announced Tuesday. Matt Garman,…
Get ready for the next cable-like streaming bundle: Comcast later this month will launch a three-way bundle — with Peacock, Netflix and Apple TV+…
Federal Reserve Chair Jerome Powell reiterated Tuesday that inflation is falling more slowly than expected and will keep the…
Workers at a Mercedes-Benz plant in Alabama began voting Monday on whether to join the United Auto Workers union, a…
Target will limit which stores sell LGBTQ-themed products following last year’s firestorm over its decision to sell products designed…
Fewer homeowners have been taking on remodeling projects, reports show. But don’t mistake it for a slow market. The…
U.S. safety regulators have opened a probe into Amazon-owned robotaxi venture Zoox after two of its autonomous SUVs braked suddenly…