Tag Archives: Breaking News: Business

Chuck E. Cheese files for Chapter 11 bankruptcy

A sign is placed in front of a Chuck E. Cheese restaurant in Newark, California. Justin Sullivan | fake pictures Chuck E. Cheese’s parent company, CEC Entertainment, said Thursday that it filed for Chapter 11 bankruptcy protection after local closings stemming from the coronavirus pandemic ruined its business. The company, …

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Macy’s to cut 3,900 corporate jobs in restructuring

A person examines Macy’s Inc. department store near Union Square in San Francisco, California, USA. USA, Thursday June 18, 2020. Michael Short | Bloomberg | fake pictures Macy’s announced Thursday that it is laying off 3,900 corporate jobs, or 3% of its total workforce, in a move to cut costs …

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