Hooters Files for Bankruptcy, Plans Restaurant Sale
Chain aims for swift exit and promises no closures
Hooters of America, the iconic sports bar and grill chain, filed for bankruptcy on Monday in...
BYD Overtakes Tesla in Annual Revenue
Chinese automaker BYD reported annual revenue of 777 billion yuan ($107 billion) for 2024, leapfrogging U.S. rival Tesla as competition between the two electric...
Novo Nordisk Cuts Wegovy Price Amid Obesity Drug Competition
Novo Nordisk (NOVOb.CO) announced on Wednesday that it will begin selling its weight-loss drug Wegovy at a discounted price of $499 per month for...
Nippon Steel Resumes US Steel Bid Despite Trump Opposition
Nippon Steel is reigniting its pursuit to acquire iconic American steelmaker US Steel, despite President Donald Trump’s recent statements opposing foreign ownership. Trump declared...
Warner Bros Discovery Eyes Streaming Profit Surge in 2024
Warner Bros Discovery (WBD) expects its streaming profits to double this year, setting an ambitious target of at least 150 million subscribers by 2026....
