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Fast food giant Wendy’s plans to close hundreds of its U.S. stores next year as part of a broader effort to revive its domestic business, which has been under pressure from slowing sales.Interim CEO Ken Cook said during the company's earnings call on Friday that a "mid-single-digit percentage" of its 6,011 U.S. restaurants are expected to close next year. A mid-single-digit percentage is about 4% to 6%, which means the […]

Activist investor Sardar Biglari intensified his campaign against Cracker Barrel’s leadership, urging shareholders to vote against CEO Julie Felss Masino and board member Gilbert Dávila in the company’s upcoming annual meeting.Two major proxy advisory firms, Institutional Shareholder Services (ISS) and Glass Lewis, also urged shareholders to vote against one or more Cracker Barrel directors over concerns about performance and the company’s controversial August rebrand.ISS and Glass Lewis advised shareholders to […]

Baby nutrition company ByHeart is recalling all batches of its Whole Nutrition Infant Formula following a multi-state outbreak of infant botulism.Thirteen of the 83 cases of infant botulism reported across the United States since August 2025 involved infants who had consumed ByHeart-brand powdered infant formula, according to the Food and Drug Administration (FDA). All 13 affected infants were hospitalized, with cases reported in Arizona, California, Illinois, Minnesota, New Jersey, Oregon, […]