Every kid’s favorite pizza-loving mouse has become a victim of the coronavirus. Chuck E. Cheese’s parent company, CEC Entertainment, filed for bankruptcy Wednesday night after the pandemic closed most of its family restaurants. The restaurant and arcade chain said it will use the Chapter 11 process to restructure its heavy …
Read More »
The “PLT” sandwich is ready for a photo at a McDonald’s Corp. restaurant in London, Ontario, Canada on Wednesday January 8, 2020. Cole Burton | Bloomberg | fake pictures Beyond Meat’s shares fell 7% in the morning trade after the CBC reported that McDonald’s stopped trying a hamburger made with …
Read More »
An Olive Garden restaurant in Times Square in New York. Richard Levine | Corbis | fake pictures Darden Restaurants reported Thursday that sales at the same store nearly halved during the fiscal fourth quarter, as the closings of soup kitchens from the coronavirus pandemic affected their revenue. But the parent …
Read More »
Airbus SE A321 aircraft with a livery for Delta Air Lines Inc., left and Spirit Airlines Inc. are seen at the Airbus final assembly line facility in Mobile, Alabama. Luke Sharrett | Bloomberg | fake pictures A mosaic of government travel restrictions “is not useful” to revitalize the demand for …
Read More »
WASHINGTON (AP) – The number of laid-off workers seeking unemployment benefits in the United States declined just last week, and the economy contracted in the first three months of the year, evidence of continued economic damage caused by the viral pandemic. The economy, which contracted 5% in the January-March quarter, …
Read More »