Wendy’s Withdraws Outlook, Slashes Dividend as Turnaround Struggles to Take Hold
Wendy's has withdrawn its financial outlook and halved its dividend amid falling sales and traffic headwinds.
Coverage by The Business Journals as tracked by Newsylist.
Wendy's has withdrawn its financial outlook and halved its dividend amid falling sales and traffic headwinds.
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AT&T seals $23 billion spectrum purchase from EchoStar, boosting its network capacity as EchoStar redirects funds to debt.
Boston Scientific’s surprise restructuring threatens jobs while targeting up to $800 million in charges
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UPS lifts its full‑year outlook despite a sharp drop in package volume, marking a pivot after shedding Amazon shipments.
Seven Save A Lot grocery stores have permanently shuttered across Chicago's South and West sides, leaving residents searching for new food sources.
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A jury has found Nike liable for gender discrimination in a lawsuit brought by a former employee.
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Seattle recorded 3 million visitors across six World Cup match days, sparking discussions on economic impacts and urban stadium success.
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The Atlanta Hawks have secured a new broadcast partnership with Gray Media to air games for free on Atlanta News First during the 2026-27 season.
Pending home sales hit near-record lows in June as high mortgage rates and record-setting home prices stifle buyer activity across the U.S.
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Sean 'Diddy' Combs sells his Star Island estate for $55 million
A viral orange traffic cone from Scotland has arrived in Boston, marking a unique diplomatic gesture between fans following the World Cup.
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The CEO of Brown-Forman, the company behind Jack Daniel’s, is stepping down after nearly three decades with the organization.
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Ohio has claimed the top spot in CNBC's 2026 Top States for Business rankings for the first time following a yearslong rise.
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Mark Cuban has initiated legal action against the Dallas Mavericks, alleging he was excluded from negotiations regarding a new arena project.
The Tampa Bay Rays' planned ballpark reveals eye-catching interior renderings
Luxury housing markets are undergoing a shift as the availability of million-dollar mansions in certain U.S. metropolitan areas continues to decline.
Software engineering requirements are shifting as AI increases the demand for specialized talent beyond traditional coding skills.
The FDA has approved Vera Therapeutics' drug Trutakna to treat primary IgA nephropathy, sparking a new market competition for kidney disease treatments.
Real estate agents are increasingly reporting a shift toward a balanced housing market, according to a new CNBC survey.
Toyota is investing $3.6 billion to shift production of its Tacoma pickup truck from Mexico to Texas.
Scribe Therapeutics files for $75 million IPO to test public appetite for early-stage biotechs
QTS Data Centers has acquired the 'Project Marvel' site in Bessemer for $432 million to develop a new data center campus.