Business

Red Lobster is considering closing more locations as it continues to reevaluate its restaurant footprint in the wake of its 2024 bankruptcy.The seafood chain shuttered roughly 130 restaurants when it went through the bankruptcy process and Red Lobster CEO Damola Adamolekun told The Wall Street Journal in an interview that the company is continuing to review its locations and leases as it considers ways to curb costs.Adamolekun said in the interview […]

The Federal Aviation Administration is ordering airlines to certify their merit-based hiring practices as part of the Trump administration's ongoing campaign against DEI programs.Transportation Secretary Sean Duffy announced the new policy on Friday, saying airlines that don't formally commit to merit-based hiring will be subject to FAA investigation. President Donald Trump ordered federal agencies to cancel DEI hiring programs early on in his return to the White House."When families board […]

Goldman Sachs plans to remove DEI hiring standards for its board of directors, The Wall Street Journal reported Monday.The company had removed a requirement for board diversity on companies it was taking public last year, but now plans to remove DEI language in the criteria for its own board members this month. The board's governing committee evaluates potential candidates based on four criteria, one of which is a more traditional […]

The Food and Drug Administration announced a recall of one brand of farm-raised Atlantic salmon over potential listeria contamination.One lot of Wellsley Farms Farm-Raised Atlantic Salmon was recalled last week, according to the FDA. The company, Slade Gorton & Co., initiated a recall of lot 3896.The salmon was sold in 2-lb bags at BJ's Wholesale Club stores in Delaware, Maryland, New Jersey, New York, North Carolina, Pennsylvania and Virginia from […]

Americans are receiving larger tax refunds on average in the 2026 filing season than last year, though taxpayers are filing at a slower pace in the first few weeks than they were a year ago.The latest IRS tax filing data was released by the agency on Friday and showed that as of Feb. 6, the average tax refund amount paid to taxpayers was $2,290.That represents an increase of 10.9% when compared with […]

Tax filing season is underway and scammers are looking to take advantage of unsuspecting taxpayers through a variety of ever-evolving scams seeking money and personal information.The International Association of Better Business Bureaus warns that tax scams typically originate with a phone call and tend to fall into two categories. In one, the supposed IRS agent tells the would-be victim that they owe back taxes and attempts to pressure them into paying with a […]

FIRST ON FOX – A group of Republican senators is urging Treasury Secretary Scott Bessent to ensure that any sale of Russian energy giant Lukoil’s foreign assets results in permanent divestment from Moscow, warning against what they describe as potential "shell game" proposals that could return control to Russia. In a letter Monday, Sens. Tim Sheehy, R-Mont., Steve Daines, R-Mont., and John Barrasso, R-Wyo., voiced support for President Donald Trump’s sanctions […]

Discount retailer Dollar Tree is opening new stores in increasingly affluent areas as it seeks to attract higher-income customers who spend more at the store per trip, a new report finds.An analysis by Bloomberg News found that 49% of new Dollar Tree stores opened in the last six years were located in wealthier parts of metro areas around the country, up from just 41% in the preceding six years.The share of new […]

Gas prices have surged in California in recent weeks as the state's supply is constrained due to recent reductions in refining capacity.The price of gas rose 40 cents in about two weeks, with the average price of gas across the state of California at $4.58 a gallon – an increase from $4.46 the prior week and $4.18 two weeks before that, according to data from AAA.Those figures are well above the […]