Wendy’s is closing several hundred U.S. restaurants and increasing its focus on value after a weaker-than-expected fourth quarter. The Dublin, Ohio-based company said Friday that its global same-store sales, or sales at locations open at least a year, fell 10% in the October-December period. That was worse than the 8.5% drop expected by analysts polled by FactSet.
NEW YORK (AP) – For years, it was a daily McDonald’s trip for a cup of coffee with 10 sugars and five creams. Later, it was Starbucks caramel macchiatos with almond milk and two pumps of syrup.
TOKYO (AP) – Japanese technology and telecoms giant SoftBank Group Corp. swung back into profitability in the last quarter of 2025 as its investments in OpenAI and other ventures paid off, the company said Thursday.
Excerpts from recent editorials in the United States and abroad:
Amazon’s smart doorbell maker Ring has terminated a partnership with police surveillance tech company Flock Safety. The announcement follows a backlash that erupted after 30-second Ring ad that aired during the Super Bowl featuring a lost dog that is found through a network of cameras, sparking fears of a dystopian surveillance society.
SEOUL, South Korea (AP) – When South Korean chef Jun Lee opened his restaurant SOIGNÉ in Seoul 13 years ago, explaining what fine dining meant was part of the job.
CAIRO (AP) – Dubai has announced a new chairman for DP World, one of the world’s largest logistics companies, replacing the outgoing head who was named in the Jeffrey Epstein documents. The announcement by the government’s Dubai Media Office did not specifically name Sultan Ahmed bin Sulayem.
NEW YORK (AP) – Goldman Sachs general counsel Kathy Ruemmler has had a storied legal career. As a federal prosecutor, she helped successfully prosecute Enron executives including Ken Lay and Jeffrey Skilling. She was part of President Barack Obama’s administration, working in various roles for much of his two terms in office, including as White House Counsel.
NAIROBI, Kenya (AP) – Africa was the world’s fastest-growing solar market in 2025, defying a global slowdown and reshaping where the momentum in renewable energy is concentrated, according to an industry report released in late last month.
°C
