Asset management giant buys Jersey Mike's sandwich chain

Asset management firm Blackstone will become the majority owner of sandwich chain Jersey Mike’s in a deal that values the company at a reported $8 billion.

Map: How much of a restaurant worker's income comes from tips

Restaurant employees rely on the kindness of customers when it comes to tips, which can make up a sizable portion of their take home pay based on findings in a new report.

Spirit Airlines files for bankruptcy; local response

Spirit Airlines has filed for Chapter 11 bankruptcy protection following significant financial struggles, the airline announced Monday, Nov. 18.

Credit card debt surges to another record high, New York Fed data shows

Americans' debt balances grew across the board, but Fed researchers voiced 'concerning' growth in auto and credit card delinquencies.

Advance Auto Parts closing over 700 locations following sluggish performance

Advance Auto Parts will close over 700 locations, including corporate stores and independently-owned locations, as part of a financial restructuring effort.

Boeing issues layoff notices as aerospace giant cuts 17,000 jobs

Boeing announced that it will lay off 10% of its workforce in the coming months and cut its production in the wake of a labor union strike.

23andMe announces workforce cut of 40% before the holidays

DNA site 23andMe is now announcing a big cut just before the holidays – the latest setback for the struggling South San Francisco startup.

American Freight closing all stores amid parent company's bankruptcy filing

The furniture and appliance retailer is shuttering all of its locations and kicking off store closing sales as part of Chapter 11 bankruptcy proceedings by its parent company.

The Cheel closes in Thiensville, food gone before planned last day

The Cheel restaurant in Thiensville has closed. Saturday was supposed to be its final service, but with no food left, staff decided to just shut down instead.

Nissan to cut 9K jobs, reduce CEO's monthly pay by 50% as company faces 'severe situation'

Nissan President and CEO Makoto Uchida volunteered to immediately begin forfeiting half of his monthly compensation, and other executive committee members also volunteered to take pay cuts.

Milwaukee's Lakefront Brewery 2024 Black Friday beer lineup

Milwaukee's Lakefront Brewery revealed on Tuesday, Nov. 5 the lineup for its Black Friday beers which will go on sale the day after Thanksgiving Friday, Nov. 29 at 8 a.m.