China Shutters More than One Million Restaurants as Economy Withers
Kang An Ge, The economic downturn has led Chinese consumers to turn to cheaper takeaway meals rather than dining in the most budget-friendly restaurants, leading to the closure of more than one million restaurants since the start of 2024, according to China's catering industry news service. Radio Free Asia (RFA) Drilled a hole Reviewing the […]
Notorious Starbucks on Astor Place shutters after nearly 30 years: ‘I’ll shed a tear’
This Starbucks store has finally run out of steam. The infamous Starbucks at 13-25 Astor Place, known for its dilapidated public restrooms, sleeping homeless people and begging inside, quietly closed its doors on Sunday evening after nearly three decades in business opposite the Cube. “I’ve seen staff unlock the door and have to drag someone […]
University of Alabama shutters DEI offices, joining Texas, Florida schools in kicking wokeness off campus
The University of Alabama has become the latest public university system to eliminate its diversity, equity and inclusion (DEI) program following the passage of a new law that prohibits the state’s public institutions from promoting “divisive concepts” that encourage discrimination based on characteristics such as race or sex. UA campuses in Tuscaloosa, Birmingham and Huntsville […]
Hooters Shutters Dozens of Locations as Inflation Plagues Consumers
Hooters has closed dozens of locations as inflation continues to weigh on people and businesses in President Joe Biden’s America. Hooters spokesperson Said of New York Post “Like many restaurants feeling pressured by current market conditions, Hooters has made the difficult decision to close certain restaurants,” the company said Monday. The company has closed about […]
Hooters shutters dozens of ‘underperforming’ restaurants: report
Celebrity chef Andrew Gruelle speaks out about the rising costs of doing business in California as his beloved fast-food chain is forced to close 48 locations across the state. Atlanta-based sports bar chain Hooters has reportedly abruptly closed dozens of “underperforming” restaurants across the U.S., joining a growing list of eateries facing the harsh realities […]
San Francisco McDonald’s shutters after 30 years in latest casualty of $20 minimum wage
San Francisco chain McDonald’s has reportedly become the latest casualty of California’s new $20 minimum wage. The McDonald’s at the Stonestown Galleria shopping mall, about eight miles southwest of downtown San Francisco, closed permanently on Sunday after more than 30 years in the area. “This is a heartbreaking day for my family,” franchise owner Scott […]
What is left behind: When a coal-fired power plant shutters
HOMER CITY, PA — The vast divide between the government’s understanding of the needs of the people they serve and the people themselves was never more excruciatingly apparent than it was this past week at a Pennsylvania town hall meeting. The two-hour event, sponsored by the Environmental Protection Agency Interagency Working Group Rapid Response Team, […]
Hollywood Arby’s shutters doors after more than 5 decades in business following minimum wage hike
See what’s clicking on FoxBusiness.com Hungry people strolling along Sunset Boulevard in Hollywood may be wondering where their meat is after an Arby’s location closes after more than 50 years in business. On Tuesday, the fast-food restaurant’s iconic cowboy hat sign was captured by FOX 11’s Sky Fox cameras and read, “Goodbye Hollywood. Thank you […]
CBS News shutters Tokyo bureau after over 50 years in Japan
CBS News quietly closed its Tokyo bureau this week in a last-ditch move to cut costs that could curtail the network’s China coverage, the Post reported. CBS News London bureau chief Andrew Roy — known by some at the station as “Axe” — flew to Tokyo on Tuesday to lay off staff, according to a […]
Baltimore bridge collapse shutters port indefinitely, impacting supply chain
Supply chain expert Vindiya Vakir gives a ‘bottom line’ look at how the collapse of the Francis Scott Key Bridge could impact transportation and trade. collapse of Francis Scott Key Bridge in Baltimore The Port of Baltimore will be closed indefinitely Tuesday after a container ship sailing through the strait lost power and hit one […]