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Hooters, the restaurant chain known for its chicken wings, its all-female serving staff in revealing outfits and its slogan — “delightfully tacky, yet unrefined” — has filed for bankruptcy in a Texas court, the company announced on Monday. Under the bankruptcy agreement, a group that includes the company’s founders — who independently run about a … Read more
It’s not just the high price of eggs or the rising cost of housing that is contributing to Americans’ unhappiness over the cost of living. Health care remains stubbornly unaffordable for millions of people, according to a new survey released Wednesday that underscores the struggle many people have in paying for a doctor’s visit or … Read more
Two of China’s biggest state-owned automakers are in advanced discussions to merge, in a deal that would create a formidable manufacturer of cars and military vehicles but could also create problems for their American and Japanese partners. Dongfeng Motor and Changan Automobile have conducted detailed talks on how to combine their operations and told their … Read more
More than 230 passengers and crew members have been sickened in an outbreak of norovirus during a 29-day round-trip luxury cruise from England to the Eastern Caribbean, according to the Centers for Disease Control and Prevention. The Queen Mary 2, the flagship ocean liner of Cunard Lines, left from Southampton, England, on March 8, according … Read more
President Trump plans to meet with top White House officials on Wednesday to discuss a proposal that could secure TikTok’s future in the United States, two people familiar with the plans said. Mr. Trump will consider a proposal for a new ownership structure for the popular video app, which is owned by the Chinese internet … Read more
April 1 always seems to begin with social media users reminding everyone that it’s April Fools’ Day. At this point, do we really need a reminder? Brands and celebrities give it a go every year, often with extremely elaborate posts that fool almost no one. From truly outlandish ideas, like the French embassy claiming the … Read more
Women in blue cloth hairnets sew the finishing touches on plush pink piggies and orange stuffed foxes, before tossing them onto giant piles in Maria Liao’s factory in southern China. They will be boxed and shipped to the United States, where many of Ms. Liao’s clients are based. The factory is quieter than it should … Read more
CURT NICKISCH: Welcome to the HBR IdeaCast from Harvard Business Review. I’m Curt Nickisch. Remote work, especially hybrid work, exploded far and wide during the COVID-19 pandemic. In the past five years, companies have made substantive changes in their IT, workplaces, and policies, and it’s had a huge impact on the lives of many workers. … Read more
The auto industry witnessed a different kind of March madness last month as buyers flocked to dealerships to lock in deals before President Trump’s auto tariffs lift prices by thousands of dollars, several carmakers said. “This past weekend was by far the best weekend I’ve seen in a very long time,” Randy Parker, the chief … Read more
President Trump has settled on a final plan for sweeping “reciprocal” tariffs, which are expected to take effect on Wednesday after he announces the details at an afternoon Rose Garden ceremony. The White House press secretary, Karoline Leavitt, confirmed the timeline in a briefing with reporters on Tuesday, adding that Mr. Trump had been huddling … Read more