Business

CNN reports: Bernard “Bernie” Marcus, the billionaire Home Depot cofounder and a Republican megadonor, who in recent years became an outspoken supporter of former President Donald Trump, has died, the company announced Tuesday. He was 95. “The entire Home Depot family is deeply saddened by the death of our cofounder Bernie Marcus,” The Home Depot said in a statement. “We …

Seattle’s NBC affiliate reports: Boeing machinists represented by IAM District 751 voted to approve a new contract with the company on Monday, bringing an end to a nearly two-month long strike that paralyzed the company’s jet production and cost them an estimated $1 billion a month. The contract received 59% approval from union membership. This latest contract proposal offers a …

The Guardian reports: Restaurant chain TGI Fridays filed for bankruptcy protection Saturday, saying it is looking for ways to “ensure the long-term viability” of the casual dining brand after closing many of its branches this year. The Dallas-based company filed for Chapter 11 bankruptcy protection in a Texas federal court. TGI Fridays executive chair Rohit Manocha in a statement said …

The Daily Beast reports: The new CEO of Starbucks said Thursday that his company is prepared in the event that unrest breaks out around the election next week. Brian Niccol, who took over at the top of the coffee giant last month, was asked in a CNBC interview if he’d to make precautionary plans. Squawk Box co-host Andrew Ross Sorkin …

CNN Business reports: Russia is seeking an unfathomable sum of money from one of the world’s biggest tech companies. Google reportedly owes the Kremlin more than 2 undecillion rubles — a 2 followed by 36 zeroes — after refusing to pay fines that are now accruing for blocking pro-Russian channels on YouTube. The virtually unpronounceable penalty amounts to $20 decillion …

Semafor reports: The Economist is taking advantage of the space vacated by US news outlets including The Washington Post, Los Angeles Times, and USA Today, and endorsing Vice President Kamala Harris in the 2024 presidential election. “It is hard to imagine Ms. Harris being a stellar president, though people can surprise you. But you cannot imagine her bringing about a …

404 Media reports: A disgruntled former Disney employee allegedly repeatedly hacked into a third-party menu creation software used by Walt Disney World’s restaurants and changed allergy information on menus to say that foods that had peanuts in them were safe for people with allergies, added profanity to menus, and at one point changed all fonts used on menus to Wingdings, …

ABC News reports: Target is helping people put an affordable meal on the table this Thanksgiving with a four-serving offering that only costs $20. The retailer announced the return of its popular Thanksgiving meal on Monday, and it’s $5 less than last year. The $20 dinner includes all the traditional Thanksgiving favorites: A Good & Gather Turkey up to 10 …

Restaurant Business reports: TGI Fridays has closed another large swath of restaurants across the country, continuing the casual-dining chain’s decline toward a potential bankruptcy filing. According to TGI Fridays’ website, the chain now has 164 U.S. locations, 51 fewer than it had two weeks ago. Local media reports from New Jersey, New York, Ohio and California indicated that TGI Fridays …

The Daily Beast reports: The Washington Post’s outgoing editor-at-large and longtime columnist has made explosive claims that its owner Jeff Bezos struck a deal with Donald Trump in order to kill the newspaper’s endorsement of Kamala Harris. Robert Kagan, who resigned from his position on Friday after more than two decades at the publication, told the Daily Beast that Trump’s …

Reuters reports: Delta Air Lines on Friday sued cybersecurity firm CrowdStrike in a Georgia state court after a global outage in July caused mass flight cancellations, disrupted travel plans of 1.3 million customers and cost the carrier more than $500 million. Delta’s lawsuit filed in Fulton County Superior Court called the faulty software update from CrowdStrike “catastrophic” and said the …

NBC News reports: At least 75 people have gotten sick after eating McDonald’s Quarter Pounders linked to a deadly E. coli strain, the Centers for Disease Control and Prevention reported Friday. The 75 cases, up from 49 on Tuesday, have been reported in 13 states. Twenty-two people, up from 10, have been hospitalized. The CDC said Tuesday that one person …

NewsNation reports: Costco has recalled more products over fears of listeria contamination, part of a much larger recall of ready-to-eat chicken. The most recent recalls include Readywise 110 Serving Emergency Protein Bucket and Red’s Southwestern Grill Chicken Mini Burritos, El Monterey Mexican Grill Chicken & Cheese Taquitos, Rana Chicken Truffle Carbonara and Tagliatelle Grilled White Chicken & Portabello Mushroom Sauce. …

The Associated Press reports: The owner and manager of the cargo ship that caused the deadly Baltimore bridge collapse have agreed to pay more than $102 million in cleanup costs to settle a lawsuit brought by the Justice Department, officials said Thursday. The settlement does not cover any damages for rebuilding the bridge, officials said in a news release announcing …

The New York Times reports: One day after a multistate E. coli outbreak linked to McDonald’s Quarter Pounder hamburgers was publicized, a major supplier of onions in that region has issued a recall. Though federal regulators have not confirmed the source of the outbreak, which has so far killed one person and sickened 49, initial investigations have suggested that the …

Reuters reports: An industry group representing cable and internet providers sued along with two others on Wednesday to block a U.S. Federal Trade Commission rule that requires companies to offer simple cancellation mechanisms for subscriptions. NCTA – The Internet & Television Association and groups representing the home security and online advertising industries said in papers filed with the 5th U.S. …

NBC News reports: The president of McDonald’s USA said Wednesday that the company can “restore confidence” as it seeks to minimize the damage from an E. coli outbreak linked to the chain’s Quarter Pounders in multiple states. “We are very confident that you can go to McDonald’s and enjoy our classics. We took swift action yesterday to remove the Quarter …

NBC News reports: The U.S. Department of Transportation on Wednesday announced a $50 million fine against American Airlines for its alleged mistreatment of passengers with disabilities, which the department said in some cases caused injuries. The fine is 25 times larger than the any other fine by the department for disability related violations, Transportation Secretary Pete Buttigieg said in a …

The New York Times reports: After decades of sitting on the sidelines of politics, Bill Gates, one of the richest people in the world, has said privately that he recently donated about $50 million to a nonprofit organization that is supporting Vice President Kamala Harris’s presidential run, according to three people briefed on the matter. The donation was meant to …

USA Today reports: The Centers for Disease Control and Prevention announced Tuesday that multiple agencies are investigating an E. coli outbreak linked to Quarter Pounder burgers at McDonald’s. The agency said there have been at least 49 people sickened across 10 states, with 10 people requiring hospitalization and one death. The majority of illnesses have been reported in Colorado and …