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Carl’s Jr. Bankruptcy: 10 California Locations Could Close, 59 Restaurants Up for Sale
Posted inBusiness Food & Drink Industry News

Carl’s Jr. Bankruptcy: 10 California Locations Could Close, 59 Restaurants Up for Sale

One of California's largest Carl's Jr. franchise operators is attempting to close 10 restaurants and sell dozens more after filing for Chapter 11 bankruptcy protection, raising uncertainty for nearly 60…
Posted by Sangeeta June 11, 2026
Barron Trump-Backed Beverage Company Sollos Launches First Energy Drink in Florida
Posted inBusiness News

Barron Trump-Backed Beverage Company Sollos Launches First Energy Drink in Florida

Barron Trump-backed beverage company Sollos has officially entered the competitive functional beverage market, launching its first product as the brand looks to capitalize on growing consumer demand for cleaner caffeine…
Posted by Chetan June 11, 2026
Southern Cross Cuts 300 Jobs After Profit Warning and Earnings Downgrade
Posted inBusiness News

Southern Cross Cuts 300 Jobs After Profit Warning and Earnings Downgrade

Southern Cross Media Group is entering a critical phase just months after completing its merger with Seven West Media, announcing plans to cut up to 300 jobs after lowering its…
Posted by Chetan June 11, 2026
Coupang Hit With Record $409 Million Data Breach Fine in South Korea
Posted inBusiness News

Coupang Hit With Record $409 Million Data Breach Fine in South Korea

South Korean regulators have imposed a record 625 billion won ($409 million) fine on e-commerce giant Coupang after concluding that the company failed to adequately protect customer information in a…
Posted by Sangeeta June 11, 2026
Kmart Reverses 14-Year Checkout Change, Bringing Front Registers Back to Stores
Posted inBusiness News

Kmart Reverses 14-Year Checkout Change, Bringing Front Registers Back to Stores

Kmart is bringing front registers back to more Australian stores, reversing a checkout strategy that shaped the retailer's shopping experience for more than a decade. The change marks a notable…
Posted by Chetan June 11, 2026
JB Hi-Fi to Refund $250,000 After ACCC Finds Misleading Discounts on Tech Products
Posted inAustralia Business News

JB Hi-Fi to Refund $250,000 After ACCC Finds Misleading Discounts on Tech Products

JB Hi-Fi is refunding approximately $250,000 to customers after Australia's consumer watchdog found that some of the retailer's advertised discounts did not accurately reflect previous selling prices. The move affects…
Posted by Chetan June 11, 2026
ASB Bank Fined Record $6.7 Million Over Anti-Money Laundering Breaches in New Zealand
Posted inBusiness New Zealand

ASB Bank Fined Record $6.7 Million Over Anti-Money Laundering Breaches in New Zealand

ASB Bank has been ordered to pay a record NZ$6.731 million penalty after admitting seven breaches of New Zealand’s anti-money laundering and countering financing of terrorism (AML/CFT) laws, marking the…
Posted by Sangeeta June 10, 2026
Zentia Enters Administration, Leaving 170 Workers Redundant in Gateshead
Posted inBusiness News

Zentia Enters Administration, Leaving 170 Workers Redundant in Gateshead

Zentia, a long-established UK manufacturer of acoustic ceiling systems, has entered administration, resulting in approximately 170 redundancies and bringing production to a halt at its two Gateshead facilities. The collapse…
Posted by Chetan June 9, 2026

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