K&W Cafeteria has permanently closed all nine remaining locations after 88 years, leaving hundreds jobless weeks before Christmas as falling sales and rising costs ended the Southern dining institution.
Shyna Mae Deang Dec 04, 2025
Trump aims to bring Japan's $10,000 kei cars to America by 2028. Safety rules and state bans could delay or block them. Here are five models to watch if regulators approve the plan.
Will Lorca Dec 04, 2025
Nearly a third of US companies plan holiday layoffs despite admitting cuts could wait, amid a year that has already seen over 1.1 million job losses and widespread executive bonuses.
Jim Manzon Dec 04, 2025
Sir Michael Palin calls for urgent government support for hospices after sharing the compassionate end-of-life care his late wife received. With rising demand and financial deficits, hospices need sustainable funding.
Anne Stephanie Cruz Dec 04, 2025
Salesforce posted $10.3 billion in Q3 revenue with AI growth at 330%, but the stock fell 29% in 2025. Investors question scalability, Microsoft's lead, and reliance on acquisitions.
Will Lorca Dec 04, 2025
Channel 4 investigation reveals Myanmar scam compounds using trafficked workers under torture threat to steal billions from victims worldwide.
Jim Manzon Dec 03, 2025
Apple is strongly urging iOS 18 users to upgrade to iOS 26 by making the update mandatory in Settings. With security updates for iOS 18 ending soon (likely Q1 next year).
Briane Nebria Dec 03, 2025
Luana Lopes Lara becomes the youngest self-made woman billionaire after building Kalshi into an $11bn fintech powerhouse at just 29 years old.
Crisnel Longino Dec 03, 2025
Federal regulators ban 'pornographic activity' from tax-free tips but provide no definition, leaving yoga instructors, chefs, and creators vulnerable to IRS audits.
Will Lorca Dec 03, 2025
Prediction market Kalshi announced a $1 billion funding round on Tuesday valued at $11 billion, as real-life events future betting platforms surge in popularity.
Frederick Marvin Lumba Dec 03, 2025
A retroactive tax clause in the OBBBA grants corporations a $16 billion windfall, mainly benefiting billion-dollar firms while families face austerity measures.
Will Lorca Dec 03, 2025
Prada completes its acquisition of Versace, with Lorenzo Bertelli as Executive Chairman and Andrea Guerra as CEO.
Louise Bonquin Dec 02, 2025
Michael Jordan's NASCAR antitrust lawsuit trial finally opened. Denny Hamlin, who co-owns 23XI Racing with Jordan, testified and broke down in tears.
Giuliano de Leon Dec 02, 2025
Elon Musk says AI will redefine global wealth creation, with the next generation of billionaires emerging from companies that control chips, platforms and user-facing AI systems.
David Unyime Nkanta Dec 02, 2025
Netflix's intensified 'mostly cash' bid for Warner Bros. Discovery could trigger one of Hollywood's biggest-ever shake-ups, redefining content production, distribution, and the future of global streaming.
Adrienne Martinez Dec 02, 2025
Costco seeks a full refund of tariffs paid this year, pending the US Supreme Court's decision on Trump's authority to impose tariffs.
Niloy Chakrabarti Dec 02, 2025
Musk says effective philanthropy is 'extremely difficult' as scrutiny grows of donations following his historic Tesla compensation deal.
Andrea Trinidad Dec 02, 2025
K&W Cafeterias abruptly closed all nine locations on 1 December, ending 88 years of Southern dining tradition and leaving over 300 workers unemployed.
Jim Manzon Dec 02, 2025
