Fearless Fund drops grant program for Black women business owners in lawsuit settlement
A venture capital firm has closed down a grant contest for Black women business owners as part of a settlement agreement with a conservative group that had filed a lawsuit alleging the program was discriminatory, both sides announced Wednesday.
A venture capital firm has closed down a grant contest for Black women business owners as part of a settlement agreement with a conservative group that had filed a lawsuit alleging the program was discriminatory, both sides announced Wednesday.
Another restaurant chain files for Chapter 11 bankruptcy
BurgerFi International on Wednesday joined the group of restaurant chains that have filed for Chapter 11 bankruptcy protection this year.
BurgerFi International on Wednesday joined the group of restaurant chains that have filed for Chapter 11 bankruptcy protection this year.
Norfolk Southern fires CEO Alan Shaw over inappropriate relationship
Norfolk Southern has dismissed CEO Alan Shaw following the revelation of an inappropriate relationship with a subordinate, the railroad company said Wednesday.
Norfolk Southern has dismissed CEO Alan Shaw following the revelation of an inappropriate relationship with a subordinate, the railroad company said Wednesday.
Company plans to track workers' locations in return-to-office crackdown
One of the world's biggest consulting and accounting firms plans to monitor its employees' locations to ensure compliance with a stricter return-to-office policy set to take effect next year.
One of the world's biggest consulting and accounting firms plans to monitor its employees' locations to ensure compliance with a stricter return-to-office policy set to take effect next year.
Norfolk Southern CEO under investigation for alleged ethical lapses
Norfolk Southern’s CEO Alan Shaw is under investigation for potential ethical lapses, the Atlanta-based railroad announced this week.
Norfolk Southern’s CEO Alan Shaw is under investigation for potential ethical lapses, the Atlanta-based railroad announced this week.
Regal Hollywood 24 off I-85 put up for sale after 25 years in business
After 25 years in business, the Regal Cinema Hollywood 24 near I-85 has been put up for sale.
After 25 years in business, the Regal Cinema Hollywood 24 near I-85 has been put up for sale.
Big Lots files for bankruptcy, announces sale to investment firm
Big Lots previously expressed "substantial doubt" about its ability to continue operating.
Big Lots previously expressed "substantial doubt" about its ability to continue operating.
LL Flooring, hardware store once known as Lumber Liquidators, to close all 400 stores in bankruptcy proceeding
The hardware company filed for bankruptcy last month but has failed to find a buyer.
The hardware company filed for bankruptcy last month but has failed to find a buyer.
Red Lobster may exit bankruptcy protection soon
Red Lobster is set to exit Chapter 11 bankruptcy protection after a judge approved its reorganization plan. The seafood chain plans to operate 544 locations and will introduce a new CEO, Damola Adamolekun, as it looks to stabilize its business following financial struggles and restaurant closures.
Red Lobster is set to exit Chapter 11 bankruptcy protection after a judge approved its reorganization plan. The seafood chain plans to operate 544 locations and will introduce a new CEO, Damola Adamolekun, as it looks to stabilize its business following financial struggles and restaurant closures.
Verizon to buy Frontier in $20B deal
Verizon is acquiring Frontier Communications in the massive deal to boost its network, while helping its efforts in artificial intelligence.
Verizon is acquiring Frontier Communications in the massive deal to boost its network, while helping its efforts in artificial intelligence.
Leak reveals how much Disney made from Genie+ park pass, Disney+ streaming
Information leaked from the Walt Disney Company earlier this summer includes passport numbers of cruise line workers, revenue generated from Disney+ and Genie+ (now Lightning Lane) and guest data.
Information leaked from the Walt Disney Company earlier this summer includes passport numbers of cruise line workers, revenue generated from Disney+ and Genie+ (now Lightning Lane) and guest data.
Biden reportedly to block Nippon Steel's $14.9B takeover of U.S. Steel
President Joe Biden is expected to block Japan-based Nippon Steel's proposed $14.9 billion acquisition of Pennsylvania-based U.S. Steel on national security grounds, according to reports.
President Joe Biden is expected to block Japan-based Nippon Steel's proposed $14.9 billion acquisition of Pennsylvania-based U.S. Steel on national security grounds, according to reports.
Atlanta City Council approves ordinances restricting data center development
The Atlanta City Council has approved two new ordinances aimed at defining and regulating data centers within the city.
The Atlanta City Council has approved two new ordinances aimed at defining and regulating data centers within the city.
Activist investor controls enough of Southwest Airlines to call for special shareholder meeting
Elliott Investment Management has been pushing for big changes at the Dallas based airline, including dumping its CEO and chairman. Now, it looks like they're making good on their promise.
Elliott Investment Management has been pushing for big changes at the Dallas based airline, including dumping its CEO and chairman. Now, it looks like they're making good on their promise.
Union says its withdrawing from mediation with AT&T
The Communications Workers of America (CWA) announced that it is withdrawing from mediation with AT&T.
The Communications Workers of America (CWA) announced that it is withdrawing from mediation with AT&T.
Big Lots weighing possibility of bankruptcy filing as sales dwindle
The discount retailer has faced declining sales.
The discount retailer has faced declining sales.
Tools and Tiaras' teaching trade skills to girls
Tools and Tiaras is a nonprofit on a mission to change the stigma about working in skilled trades, especially when it comes to girls.
Tools and Tiaras is a nonprofit on a mission to change the stigma about working in skilled trades, especially when it comes to girls.
Grocery chain joins Walmart, CVS, others in ending cigarettes sales
CVS, Target and Walmart have already removed tobacco products from stores and online.
CVS, Target and Walmart have already removed tobacco products from stores and online.
Maryland city will pay you $20,000 to move there
A city in Maryland is offering a $20,000 incentive to get new residents to move there.
A city in Maryland is offering a $20,000 incentive to get new residents to move there.
Survey reveals Americans' 2 biggest financial regrets
Amid ongoing inflation, a new survey found that the majority of Americans have financial regrets. Here's what they are.
Amid ongoing inflation, a new survey found that the majority of Americans have financial regrets. Here's what they are.