Year: 2025
McDonald’s to close three CosMc’s locations — and open two more
A sign hangs outside of a CosMc’s restaurant, a concept recently launched by McDonald’s on December 11, 2023 in Bolingbrook, Illinois. Scott Olson | Getty Images McDonald’s will shutter three locations of its drinks-focused spinoff brand, CosMc’s. To test the concept, the fast-food giant opened its first CosMc’s location more than a year ago in […]
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Airlines extend travel waivers due to LA wildfires
In this aerial view taken from a helicopter, burned homes are seen during the Palisades fire in the Malibu area of Los Angeles county, California on January 9, 2025. Josh Edelson | Afp | Getty Images Airlines have extended travel waivers for Los Angeles airports as wildfires continue to burn in the area. American Airlines, […]
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Amazon to shut down ‘Try Before You Buy’ rival to Stitch Fix
Packages with the logo of Amazon are transported at a packing station of a redistribution centre of US online retail giant Amazon in Horn-Bad Meinberg, western Germany, on December 9, 2024. Ina Fassbender | Afp | Getty Images Amazon is shutting down “Prime Try Before You Buy,” a competitor to Stitch Fix that allowed Prime […]
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Biden’s last chance to tackle tobacco: Limiting nicotine levels in cigarettes
Unnamed smoker at 4th Street Live in Louisville, KY. Jahi Chikwendiu | The Washington Post | Getty Images In its last few days of power, the Biden administration is expected to officially propose a limit on nicotine in cigarettes. It’d be a last-minute move to push back against the tobacco industry after President Joe Biden […]
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Trump Organization to limit president-elect’s involvement under new ethics plan
U.S. President-elect Donald Trump speaks after a meeting with Republicans in Congress at the U.S. Capitol building in Washington, U.S. Jan. 8, 2025. Jeenah Moon | Reuters The Trump Organization on Friday unveiled a new ethics plan that it says will limit President-elect Donald Trump’s involvement in management decisions and other aspects of the business […]
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Stocks making the biggest moves midday: Allstate, Walgreens, Delta, Warner Bros Discovery and more
Check out the companies making headlines in midday trading. Delta Air Lines — Shares of the airline surged 9% on better-than-expected results for the fourth quarter. Delta posted adjusted earnings of $1.85 per share on $14.44 billion of revenue. That surpassed the LSEG forecast of $1.75 per share and $14.18 billion in revenue. The company […]
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10-year Treasury yield spikes to highest level since late 2023 after hotter-than-expected jobs report
U.S. Treasury yields jumped to their highest level since November 2023 after the latest jobs data came in stronger than economists had forecast. The 10-year Treasury yield added nearly six basis points at 4.745%. The 2-year Treasury surged more than 10 basis points at 4.369%. One basis point is equal to 0.01% and yields and […]
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Airlines cancel more than 2,000 U.S. flights amid storm, Delta slide-evacuation at Atlanta
Snow blankets the Hartsfield-Jackson Atlanta International Airport as a winter storm moves into the area on Jan. 10, 2025 in Atlanta, Georgia. Joe Raedle | Getty Images Airlines canceled more than 2,000 flights on Friday as a massive winter storm snarled travel across the Southern U.S., while more than 2,000 others were delayed. Operations were […]
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Stellantis aims to reverse years-long declines in U.S. sales and market share in 2025
Stellantis North America COO and Jeep CEO Antonio Filosa speaks during the Stellantis press conference at the Automobility LA 2024 car show at Los Angeles Convention Center in Los Angeles, California, November 21, 2024. Etienne Laurent | AFP | Getty Images DETROIT – Stellantis’ top priority for the U.S. this year is to grow its […]
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High-cost weight loss drugs are sending employers to nutrition counseling in a boost for startups
Packages of weight loss drugs Wegovy, Ozempic and Mounjaro. Picture Alliance | Getty Images A few years ago, when Virta Health founder and CEO Sami Inkinen approached employers about leveraging the company’s nutrition-oriented digital diabetes program for obesity-related weight loss, most companies weren’t ready to commit. Now, more employers are all in on nutritional counseling […]
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