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30-Year-Old San Francisco McDonald’s Closes Due to $20 Minimum Wage

A longtime McDonald’s franchise in San Francisco is closing after 30 years in business due to California Gov. Gavin Newsom’s new $20 minimum wage law, the owner said. The McDonald’s at Stonestown Galleria fell victim to the economy on Sunday. Franchise owner Scott Rodrick Said He told ABC7 it was a “heartbreaking day” for him […]

Hollywood Arby’s closes over California’s $20 minimum wage

Arby’s Roast Beef, a family-owned chain that has had a presence on Sunset Boulevard in Hollywood for 55 years, is closing its doors, citing California’s recently enacted $20 an hour minimum wage law as its final “death knell.” On Tuesday, the fast-food restaurant’s iconic cowboy hat sign was captured by FOX 11’s Sky Fox cameras […]

Pizza Hut Closes 15 Locations in Indiana with 120 More at Risk

Restaurant chain Pizza Hut reportedly closed 15 dining locations in Indiana on Friday, putting 120 others at risk of suffering the same fate. The restaurant company is currently embroiled in a legal battle with its franchisees. New York Post report on tuesday. The media continued: EYM Group, which owns and operates 142 Pizza Hut restaurants […]

University of the Arts in Philadelphia abruptly closes

The Philadelphia University of the Arts announced this weekend that it would close, abruptly ending programs for about 1,100 students and 700 faculty and staff due to financial difficulties. Many students and faculty were first informed of the closure. Via The Philadelphia Inquirer The announcement was made on Friday, with an official explanation from the […]

Wildfire with ‘zero containment’ closes in on small Arizona town

A wildfire broke out in the small desert town of Kearney, destroying two buildings and threatening to destroy more than 50 structures, authorities said Wednesday. The Simmons Fire, which started Tuesday, has burned 475 acres without being contained, according to Arizona Department of Forestry and Fire Management spokeswoman Tiffany Davila. In Kearny, a city of […]

Nasdaq closes above 17000; S&P 500 slightly higher, Dow down – Yahoo Finance

Abigail Somerville NEW YORK (Reuters) – The Nasdaq Composite Index topped 17,000 points for the first time on Tuesday, buoyed by a rise in Nvidia shares, while the S&P 500 closed modestly higher and the Dow Jones Industrial Average closed lower on rising Treasury yields. Nvidia rose 7% and other semiconductor stocks also rose as […]

NJ shore town closes boardwalk and declares state of emergency after chaos over ‘unruly’ teens on Memorial Day weekend

The New Jersey coastal town of Wildwood closed a popular boardwalk for several hours early Sunday morning after large groups of “unruly and undisciplined” teenagers descended on the boardwalk, local officials said. Police closed the boardwalk to the public just after midnight after receiving an “uncontrollable number” of complaints about “significant numbers of young people […]