Latest Business News
TGI Friday's files for Chapter 11 bankruptcy protection
TGI Fridays files for bankruptcy protection as sit-down restaurant struggles continue
DALLAS (AP) — Restaurant chain TGI Fridays filed for bankruptcy protection Saturday, saying it is looking for ways to “ensure the long-term viability” of the casual dining brand after closing many of its branches this year. The Dallas-based company filed for Chapter 11...
A Palestinian-Israeli collective made one of 2024's most lauded docs. Will it be released in the US?
NEW YORK (AP) — Basel Adra, a Palestinian, and Yuval Abraham, an Israeli, spent five years making a movie that depicts daily life in Adra’s village under Israeli occupation. The resulting film, “No Other Land,” has been hailed as one of the year's most powerful documentaries, winning prizes...
Rohit Bal, one of India's best-known fashion designers, dies at 63
NEW DELHI (AP) — Rohit Bal, one of India’s best-known fashion designers, died late Friday after a prolonged illness, the fashion designers association in the country announced. He was 63. The Fashion Design Council of India, or FDCI, said in a post on Instagram,...
Listen to business owners and voters in Erie, Pennsylvania. They could help decide the White House.
ERIE, Pa. (AP) — It wasn’t much when he bought it, but Michael Hooks has made the old garage his own haven. And the city of Erie knows it. Half a dozen cars honk as they pass by one October afternoon, the people hanging out of car windows to wave hello at him. About a dozen cars...
Harris slams GOP on manufacturing as she and Trump hunt for votes on the campaign's final weekend
MILWAUKEE (AP) — Kamala Harris on Saturday criticized House Speaker Mike Johnson for suggesting that Republicans might cut government subsidies for semiconductor manufacturing as she and Republican Donald Trump embarked on one last weekend quest to round up every possible vote in the battleground...
Warren Buffett is sitting on over $325 billion cash as Berkshire Hathaway keeps selling Apple stock
OMAHA, Neb. (AP) — Warren Buffett is now sitting on more than $325 billion cash after continuing to unload billions of dollars worth of Apple and Bank of America shares this year and continuing to collect a steady stream of profits from all of Berkshire Hathaway's assorted businesses without...
Nvidia replaces Intel on the Dow index in AI-driven shift for semiconductor industry
NEW YORK (AP) — Nvidia is replacing Intel on the Dow Jones Industrial Average, ending a 25-year-run for a pioneering semiconductor company that has fallen behind as Nvidia cornered the market for chips that run artificial intelligence systems. Paint-maker Sherwin-Williams will also...
Japan plans automated cargo transport system to relieve shortage of drivers and cut emissions
TOKYO (AP) — Japan is planning to build an automated cargo transport corridor between Tokyo and Osaka, dubbed a “conveyor belt road” by the government, to make up for a shortage of truck drivers. The amount of funding for the project is not yet set. But it's seen as one key...
As data center industry booms, an English village becomes a battleground
ABBOTS LANGLEY, England (AP) — Originally built to store crops from peasant farmers, the Tithe Barn on the edge of the English village of Abbots Langley was converted into homes that preserve its centuries of history. Now, its residents are fighting to stop a development next door that represents...