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Momofuku backs down from defending its ‘chile crunch' trademark after outcry by small businesses
Momofuku, a food and restaurant brand started by chef David Chang, says it won’t defend its trademark on the name “chile crunch” after it sparked an outcry by sending cease-and-desist letters to other businesses using the term.
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UPS will become the primary air cargo provider for the United States Postal Service
The Atlanta shipping company said Monday that it had received an air cargo contract from the U.S. Postal Service that significantly expands an existing partnership between the two.
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New $20 minimum wage for fast food workers in California set to start Monday
Most of California’s fast food workers are set to be paid at least $20 per hour. A new law mandating the minimum wage increase for fast food workers is scheduled to take effect on Monday.
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Behind NYC's women-owned small businesses: From challenge to celebration
To celebrate women’s history month this March, News 4 visited some of New York’s most unique women-owned small businesses to learn more about their journeys, from conquering challenges to celebrating successes. (Reporter, Producer, Editor: Lia Chandra; Camera work: Lia Chandra and Lynise Olivacce)
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Number of NYC millionaires grew nearly 50% in 10 years, new report finds
The energy of New York City is often unmatched by its counterparts and, apparently, so is its millionaire status, according to a new nationwide analysis. The study compares U.S. wealth in major cities over the last decade starting in December 2013. It was conducted by Henley & Partners, an international firm that focuses on residence and citizenship by investment. Based…
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Dollar Tree ups max price to $7 in stores nationwide
Dollar Tree is raising the price cap to $7 in 3,000 stores nationwide, according to a transcript of the company’s fourth quarter earnings call.
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Target announces major changes to how customers can check out at stores
Target has announced a major change to its self checkout policy.
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Dollar Tree and Family Dollar to close nearly 1,000 stores
Dollar Tree plans to close about 600 Family Dollar stores in the first half of this year and 370 Family Dollar and 30 Dollar Tree stores over the next several years.
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Grocer Aldi to add 800 of its discount stores across US as Americans feel pinch of high food prices
Aldi plans to add 800 of its discount grocery stores across the U.S. in a five-year expansion plan.
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Target launches new paid membership program called Target Circle 360. Here's how it works
Target, looking for ways to add sales, is launching a new paid membership program that will offer things like free same-day delivery and more.
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These college friends wanted a ‘Latino hard seltzer,' so they made one
The recipe for a hard seltzer that celebrated Latin American cultures was simple for three college friends — but missing from store shelves.
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Kellogg CEO faces backlash for suggesting people eat ‘cereal for dinner' to save money
WK Kellogg CEO Gary Pilnick’s cost-saving suggestion of eating cereal for dinner has yet to win over consumers who are feeling the strain of grocery prices.
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Biden administration sues to block Kroger-Albertsons supermarket merger
The Biden administration is suing to block a proposed merger between Kroger and Albertsons supermarket chains, saying the deal would lead to higher food prices for consumers.
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How this duo helped singer Sofía Reyes carve out a Spanglish music career
How do you score one of the seminal Spanglish-language music hits with reggaetón icon Wisin? There’s no formula, but Paloma Hecht and Charlie Guerrero Guerrero have helped Sofía Reyes score multiple hits.
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McDonald's CEO shares new message amid viral complaints of rising fast food prices
McDonald’s CEO has a new message for what comes next as customer complaints over rising fast food prices.
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Target removes Black History Month book from shelves for misidentifying Civil Rights leaders
Target has removed an activity book commemorating Black History Month from shelves after a teacher noticed that the product had mixed up prominent Civil Rights icons.
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Temu is planning to open up its marketplace to US and European sellers
Temu came on the U.S. market in 2022 and has gained traction by offering cheap apparel and other low-cost goods.
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Watch the trailer for Bísness School, our new series highlighting Latino entrepreneurs
Latinos are one of the fastest growing group of entrepreneurs in the United States, yet their stories are difficult to find.
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How Patty Rodriguez, co-founder of Lil' Libros bilingual children's books, started her business while working as a radio producer
Patty Rodriguez worked as a producer on “On Air With Ryan Seacrest” when a drastic message forced her to pivot to her dream business. Here’s her story, told on Bísness School.
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38-year-old took on $218,000 in debt to launch a burger restaurant—it brought in $739,000 just last year
Aly Lalani spent $60,000 in savings and went into debt to achieve his restaurant dreams. So far, the results are good — here’s what he wants to do next.