Fat Brands, chair Andy Wiederhorn indicted in $47 million loan scheme
Federal authorities on Friday charged Fat Brands and its chair Andy Wiederhorn of committing a brazen scheme that netted him $47 million in bogus loans from the restaurant company that owns Fatburger, Johnny Rockets and Twin Peaks. Shares of Fat Brands closed down 27% on Friday. The company has a market value of $92 million. […]
‘I received accolades’: I reported a toxic coworker who threatened me — and I was terminated after 7 years of stellar employment. What can I do?
“Part of my job was to negotiate and sign contracts on behalf of the organization, such as hotel points.”
Sweetgreen shares soar 34% after company beats revenue expectations
People dine outside a Sweetgreen in Manhattan. Jeenah Moon | The Washington Post | Getty Images Sweetgreen shares surged nearly 34% on Friday after the company topped Wall Street’s revenue expectations for the fiscal first quarter and raised its full-year forecast. The salad chain also announced earlier this week an expansion to add meat to […]
‘He’s holding all the cards’: My mother, 86, has dementia. Her partner of 30 years is on the deed to her home. How can I gain control of her finances?
“I asked to be put on the deed to my mother’s home and I was met with a swift ‘no’ from her partner. He said that since he had paid off the mortgage, the house is his.”
Goldman, American Express are among top companies for parents: study
Vadym Buinov | Moment | Getty Images Working parents, guardians or caretakers know the challenge of striking the delicate balance between work and care responsibilities. From paid parental leave to quality health-care coverage and equal pay that cover child care costs, it’s become a priority for workers to find an employer that recognizes parents have […]
Meme-stock OG GameStop is sparking memories of the heady days of 2021
GameStop Corp.’s surging share price has been sparking memories of the videogame retailer’s meme-stock heyday three years ago.
McDonald’s working on $5 value meal
A McDonalds located on Santa Monica Blvd in Los Angeles, California, April 1, 2024. Robert Gauthier | Los Angeles Times | Getty Images McDonald’s is working to introduce a value meal in U.S. stores to help offset an increasingly challenging environment for consumers, two people familiar with the matter told CNBC. The people said the […]
Novavax and Sanofi to commercialize Covid vaccine, develop combo shots
A health worker prepares a dose of the Novavax vaccine as the Dutch Health Service Organization starts with the Novavax vaccination program on March 21, 2022 in The Hague, Netherlands. Patrick Van Katwijk | Getty Images Novavax on Friday said it has signed a multibillion-dollar deal with French drugmaker Sanofi to co-commercialize the company’s Covid […]
U.S. consumer sentiment sours in May
The University of Michigan’s gauge of consumer sentiment fell to 67.4 in a preliminary May reading from 77.2 in the prior month.
Sinclair explores selling 30% of broadcast stations
Signage stands outside the Sinclair Broadcast Group Inc. headquarters in Cockeysville, Maryland, U.S., on Friday, Aug. 10, 2018. Andrew Harrer | Bloomberg | Getty Images Sinclair, one of the largest owners of broadcast stations in the U.S., is looking to sell more than 30% of its footprint, according to people familiar with the matter. The […]
