Wendy’s shares jump 15% as Nelson Peltz’s Trian offers $1.4 billion to buy burger chain

Signage for a Wendy’s restaurant in Brampton, Ontario, on April 21, 2026. Mike Campbell | Nurphoto | Getty Images A group of investors led by Nelson Peltz’s Trian Fund Management…

What’s open, closed on Labor Day? Stores, restaurants, more

Sept. 6, 2026Updated Sept. 7, 2026, 11:10 a.m. ET Labor Day weekend has arrived and whether you’re looking to grab some last-minute refreshments and snacks for a cookout or take advantage…

Red Lobster’s 37-year-old CEO betting on nostalgia, AI to fuel chain’s comeback after bankruptcy

NEWYou can now listen to Fox News articles! Red Lobster closed dozens of locations nationwide in May 2024 before filing for Chapter 11 bankruptcy. Now, the seafood chain’s 37-year-old chief executive officer…

Yum Brands sells Pizza Hut to private equity firm LongRange Capital and Yum China for $2.7 billion

A sign hangs above the front of a Pizza Hut restaurant on Feb. 9, 2026 in Chicago, Illinois. Scott Olson | Getty Images Yum Brands on Tuesday announced it is…