Author: Editor

Close-up of fast-food packaging with Wendy’s logo.Smith Collection/gado | Archive Photos | Getty ImagesMeritage Hospitality, one of Wendy’s largest U.S. franchisees, filed for Chapter 11 bankruptcy protection on Thursday.The filing comes as the burger chain has struggled to win over diners who have become increasingly focused on value. For six straight quarters, Wendy’s has reported same-store sales declines. A revolving door of chief executives in recent years has led to muddled turnaround strategies, and the company’s stock has lost two-thirds of its value over the past three years. “Because the substantial majority of Meritage’s restaurant portfolio operates under Wendy’s brand,…

Macklemore’s removal from Ed Sheeran’s tour is having ripple effects on the ticket market. Ticket prices for an upcoming Macklemore performance are climbing after the rapper was dropped from the remainder of Sheeran’s Loop tour for making pro-Palestine comments onstage earlier this month. Meanwhile, secondary market prices for the remainder of Sheeran’s concerts have dipped. Resale prices for Macklemore’s October concert at Red Rocks in Colorado are increasing this week, even though the performance was announced in March.”The get-in price [or the price for the cheapest available ticket] for that show is up 45% in the past 3 days, from…

I have always known how to get an idea off the ground.As the founder of East End Taste, a Hamptons-based events company, I had built my career through relationships, creativity, instinct, and determination.For a long time, I believed those strengths were enough to move my small business forward, but then I wanted to expand my company. We had already been in operation for eight years, and I saw an opportunity to work with more clients.As a single mom, I also hoped to be an example for my kids. I liked the idea that growing my business would teach them to…

There’s no Valentine’s Day here, but in late April, they have Sant Jordi — a celebration of love during which women are supposed to give a man a book in exchange for a rose.Many people also celebrate La Mona on the Monday after Easter. Traditionally, godparents give their godchildren an egg-shaped cake for the whole family to enjoy. My all-time favorite Catalonia traditions come at Christmas.For the whole month of December, children leave food and water out for Caga Tió, which translates to pooping log. Then they hit the log with a stick on Christmas Eve, and Caga Tió “poops out”…

It’s National Cheeseburger Day, and I’ve been around the burger block. Of all the fast-food burgers I’ve tried, Burger King’s cheesy, flame-grilled burgers consistently rank among my favorites.Burger King has sold cheeseburgers since its inception in the 1950s, according to an original menu reported by Delish, but exactly how the chain makes them has changed considerably.The chain started with simple broiled cheeseburgers, but now the Burger King menu includes cheeseburger melts, several variations on its classic Whopper, chicken sandwiches, nuggets, fries, and more.To determine which Burger King burger reigns supreme, I compared five different cheeseburgers from the chain. I tried…

Disney unveiled a major leadership shake-up, and a pair of memos to employees shed some light on the company’s thinking.Product and tech chief Adam Smith has been promoted to the head of Disney’s direct-to-consumer business, after previously sharing the role with Joe Earley, the company announced on Thursday.As head of streaming, Smith will continue to work closely with film chief Alan Bergman and Dana Walden, Disney’s chief creative officer and the second-in-command to CEO Josh D’Amaro.”As DTC continues to grow and scale around the world, having a single dedicated leader will sharpen our focus and allow us to speed up…

In 2015, Berkshire made its biggest deal yet when it shelled out $37 billion for Precision Castparts. Between 2016 and 2018, Berkshire spent around $36 billion to build a roughly 5% stake in Apple, which more than quadrupled in value to above $170 billion by 2023, making it easily Berkshire’s number-one holding and one of the most lucrative bets in its history. Berkshire has pared the position by about 75% over the past three years.The COVID-19 pandemic prompted Buffett to cash out his stakes in the “Big Four” US airlines. But he’s made several big bets since, such as buying…

A customer shops for makeup at a Walmart store in Secaucus, New Jersey, March 5, 2024.Gabby Jones | Bloomberg | Getty ImagesAs consumers become more educated about the products they’re buying and look to make more holistic purchases, a new retail category is emerging.What were once three separate sections — beauty, health and wellness — have converged into one large category as consumers look for products that serve multiple purposes. That change in consumer behavior is creating more competition for companies racing to win over the corresponding share of customers’ wallets, industry experts said.According to a new study from consulting…

Legendary investor Warren Buffett is stepping down as chairman of Berkshire Hathaway after more than five decades, marking the end of an era for one of Wall Street’s most storied companies.In a statement, Berkshire Hathaway said Buffett had been named chairman emeritus, effective immediately, and will remain a member of the board of directors.He will be replaced as chairman by his son, Howard Buffett, the release said.The elder Buffett gained control of Berkshire in 1965, when it was a New England textile manufacturer, and transformed it into a conglomerate that eventually became one of the world’s largest public companies.Buffett, who…

When someone asks Lindsey Coleman to get coffee with their kid, a simple ask will tell her a lot about the young person’s level of interest in her job: read three articles or studies that we can talk about.”People want to take the free coffee. They want some advice. There are only some people who actually want to do the work to understand someone’s role, background, and business,” said Coleman, the head of fixed income client coverage for the Americas at Morgan Stanley.Coleman, who was one of Business Insider’s inaugural Rising Stars of Wall Street in 2017, has risen over…