Starbucks feels the heat as more chains compete for US coffee drinkers
NEW YORK (AP) — Americans are drinking more coffee than they have in decades. But fewer of them…
Trump heads to Davos to talk about affordability
WASHINGTON (AP) — President Donald Trump plans to use a key address Wednesday to try to convince Americans…
2025 restaurant closures: Starbucks, Wendy’s shutter locations
As the restaurant industry endured another difficult year, many chains opted to close underperforming locations as they try…
Lululemon CEO Calvin McDonald will depart in January
Calvin McDonald, CEO of lululemon athletica inc., is interviewed by CNBC on the floor of the New York…
Police describe arrest of Luigi Mangione, suspected in killing of UHC CEO
NEW YORK (AP) — Moments after Luigi Mangione was handcuffed at a Pennsylvania McDonald’s, a police officer searching…
McDonald’s to emphasize value by updating franchising standards
In Lisbon, Portugal, on January 12, 2025, people sit by a McDonald’s storefront. McDonald’s rolls out new value…
Trump criticizes California $20 fast food minimum wage
U.S. President Donald Trump delivers remarks at the McDonald’s Impact Summit at the Westin Hotel in Washington, D.C.,…
Splashy AI deals fail to boost tech stocks and market as they used to
The stock market’s weak response to the Anthropic deal on Tuesday could signal the start of something worse…
New analysis shows more US consumers are past due on utility bills.
WASHINGTON (AP) — More people are falling behind on paying their bills to keep on the lights and…
Consumers flash holiday warning signs
Shoppers walk through Manhattan on Nov. 7, 2025, in New York City. Spencer Platt | Getty Images High-income…