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Cava sets itself apart from rivals with a unique strategy: No discounts.The Mediterranean chain, which has launched hundreds of locations nationwide since its founding nearly a decade ago, is sticking to this strategy, maintaining that it doesn’t need discounts to generate short-term traffic.Co-founder and CEO Brett Schulman told FOX Business that companies can get into a "short-term trap" of throwing discounts to drive transaction growth in the short term. Public […]

The Kraft Heinz Co. announced on Tuesday that former Kellanova CEO Steve Cahillane will take over next year before the food giant splits into two separate publicly traded companies.   Cahillane will take over as CEO effective Jan. 1, succeeding Carlos Abrams-Rivera, who will still serve as an advisor to the company until March to ensure a seamless leadership transition. When the companies split later in the year, Cahillane will lead the […]

Cautioning that families are still feeling the sting of Biden-era inflation, U.S. Treasury Secretary Scott Bessent indicated that Americans can expect real affordability relief soon while forecasting meaningful progress on everyday prices, wages and housing as he touted an economy poised for a "bountiful" 2026."We should think that 2025 was setting the table. 2026 is going to be a bountiful year — if the Democrats don't shut down the government," […]

Wealthy business tycoon Elon Musk has started doling out money for the GOP's 2026 House and Senate races, according to Axios.He recently gave large checks to help Republicans emerge victorious in 2026 congressional contests and indicated that he will shell out even more funding amid the election cycle, two sources told the outlet.Axios reported that in November, Musk attended a dinner with Vice President JD Vance, White House chief of […]

Treasury Secretary Scott Bessent said Tuesday that two major decisions – the Supreme Court ruling on tariffs and the selection of a new Federal Reserve chair – will come in January.Bessent told FOX Business Network's Maria Bartiromo that while the administration has "plenty of revenue alternatives," he would like to see the Supreme Court rule in favor of President Donald Trump's trade policy."Economic security is national security. So this ruling […]