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Hermès sales surge as French luxury firm leaves LVMH, Kering behind
Sales of Hermès luxury purses that can go for upwards of $25,000 jumped by more than 11% in…
Taco Bell, Pizza Hut, KFC pull onions after McDonald’s E.coli outbreak
Yum Brands said Thursday it would be removing fresh onions from its meals at select Taco Bell, Pizza Hut…
Starbucks shares tumble after warning of drop in sales, profit
Starbucks said Tuesday it was suspending its annual forecasts as new CEO Brian Niccol looks to turn around the…
Denny’s to close 150 restaurants, slash hours, menu items amid inflation woes
Denny’s is slimming down. The budget-friendly, and belly-busting chain, will close 150 underperforming locations over the next year,…
Let ’em eat steak! NYC restaurants serve up cheaper cuts to lure inflation-battered red meat fans
Record-high steak prices have forced savvy Big Apple restaurateurs to serve cheaper options — like steak frites —…
One dead, 10 hospitalized from E. coli outbreak linked to McDonald’s quarter pounder
Ten people have been hospitalized and one older person in Colorado has died after E. coli infections linked…
Retailers launch holiday discounts earlier amid shorter season
Retailers are launching seasonal sales earlier this year and adding more promotions as they scramble in a shorter-than-usual…
JPMorgan’s Jamie Dimon reportedly backs Kamala Harris for prez despite denials
Speculation is mounting that JPMorgan CEO Jamie Dimon is backing Kamala House for the White House and could…
Key inflation gauge doesn’t include credit card interest, property taxes
The key gauge to measure inflation does not take into account major expenses that have surged for consumers…
‘Big Four’ accounting firm fires staffers for taking multiple online trainings at a time
EY fired dozens of US staffers for taking multiple online training courses at a time, according to a…