In a remarkable resurgence, Chuck E. Cheese is reinventing itself for a new generation, almost four years after navigating through bankruptcy. This transformation began in June 2020, when the parent company, CEC Entertainment, sought Chapter 11 bankruptcy protection amidst the challenges posed by the global pandemic. Emerging from bankruptcy later that year, the company was
Business
If you’re contemplating an international getaway this year, you may find yourself pleasantly surprised by the affordability of long-haul flights. Data from the flight-tracking service Hopper indicates that, compared to the previous year, travelers can now book flights at significantly reduced rates. Notably, routes between the U.S. and Asia are witnessing an 11% drop in
The used vehicle market, known for its volatility over the past few years, is expected to see a continued trend toward stabilization in 2025. According to data from Cox Automotive, a pivotal player in the automotive analytics sphere, the prices reflected in the Manheim Used Vehicle Value Index will conclude 2025 at a remarkable 1.4%
In a strategic move announced this spring, Delta Air Lines has decided to pivot its loyalty program, SkyMiles, towards a new partnership with Uber. This shift marks the end of an eight-year collaboration with Lyft, Delta’s previous ride-hailing partner. It underscores the airline’s intent to enhance the customer experience and leverage technological advancements in the
The denim brand, True Religion, known for its iconic Y2K aesthetic and bold stitching, has secured a fresh chapter in its storied history through a strategic acquisition by private equity partners Acon Investments and SB360 Capital Partners, a retail investment fund closely associated with American Eagle’s CEO, Jay Schottenstein. After facing two major bankruptcies, the
The digital streaming landscape continues to evolve at an unprecedented pace. The recent announcement that Disney will merge its Hulu+ Live TV service with the streaming platform Fubo marks a significant shift in how consumers will access their favorite content. This partnership hints at broader changes within the industry, especially as traditional cable TV faces
The advertising landscape has undergone significant changes in recent years, primarily fueled by the shift from traditional media to digital platforms. As consumer preferences evolve, so too must advertising strategies. In this context, Comcast’s announcement of its new advertising initiative, Universal Ads, represents a pivotal effort to draw small and medium-sized businesses (SMBs) back to
Boeing, once the crown jewel of American aerospace manufacturing, now finds itself in a delicate dance of recovery and introspection. The significant safety incident involving an Alaska Airlines Boeing 737 Max 9 last year, which saw a fuselage panel fail mid-flight, brought to the forefront the long-standing concerns regarding the company’s safety culture and production
Rivian Automotive has recently experienced a remarkable rebound, capturing the attention of investors with a striking 24.5% rise in its stock prices, wrapping up trading at $16.49 per share. This surge marks the most significant daily increase the company has witnessed since its initial public offering (IPO) back in November 2021. The prior record of
The recent decision by the Department of Transportation (DOT) to impose a $2 million fine on JetBlue Airways marks a significant moment in the airline industry, raising questions not only about the airline’s operational practices but also about the broader ecosystem of air travel in the United States. This fine, described by the DOT as