Cracker Barrel eliminates DEI programs, brings back handmade biscuits

FIRST ON FOX: Cracker Barrel is highlighting a series of changes the restaurant chain has implemented in the wake of aggressive backlash from customers in recent weeks, ranging from a throwback in biscuit preparation to the elimination of Diversity, Equity and Inclusion (DEI) programs. Cracker Barrel is poised to announce…

Klarna valued at B ahead of trading debut

Buy now, pay later company Klarna is making its long-awaited initial public offering on Wednesday after raising $1.37 billion. The Swedish firm priced its IPO at a higher-than-expected $40, above the $35 to $37 expected range, valuing the company around $15 billion.COSTCO ROLLS OUT BUY NOW, PAY LATER FOR BIG…

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India faces 25% Trump tariffs over Russian oil purchases, duties hit 50%

The Trump administration on Wednesday imposed an additional 25% tariff on Indian imports, pushing some duties to as high as 50% as of Wednesday, U.S. Customs and Border Protection confirmed.  The move has been framed as retaliation for New Delhi’s surging imports of discounted Russian crude.Foreign Minister S. Jaishankar, India’s…

General Motors recalls 23,000 Corvettes over fuel spill fire safety concerns

General Motors has recalled more than 23,000 Chevrolet Corvettes in response to a fuel leak issue linked to multiple reported fires, according to the National Highway Traffic Safety Administration.  The recall was initiated after officials found that excess fuel could spill into the vehicles’ fuel-filler pocket during refueling and potentially…

Intel files warning about risks from Trump government equity stake

Chipmaker Intel said that the Trump administration’s move to take an equity stake in the company could create a risk to its business in a regulatory filing. President Donald Trump announced last week the federal government will take a roughly 9.9% equity stake in the struggling chipmaker in exchange for previously…

Cracker Barrel CEO celebrates new logo then admits serious brand damage

Less than a week after the Cracker Barrel CEO appeared on “Good Morning America” and made the rounds celebrating the company’s new logo, the restaurant chain known for its old-time feel, southern dishes and eclectic gift/candy store, now admits it made a mistake. Julie Masino boasted that the reception she…

Trump says ‘Cracker Barrel should go back to the old logo’

President Donald Trump believes the Cracker Barrel restaurant chain should bring back their old logo. “Cracker Barrel should go back to the old logo, admit a mistake based on customer response (the ultimate Poll), and manage the company better than ever before,” Trump wrote in a post on Truth Social.”They…

Cracker Barrel loses 3 million in market value after brand fiasco

Cracker Barrel investors are still taking a cautious tone despite the restaurant chain’s mea culpa on Monday over its brand remake, which was quickly labeled woke, alienating core customers.  Ticker Security Last Change Change % CBRL CRACKER BARREL OLD COUNTRY STORE INC. 54.27 -0.14 -0.25% Shares ended the session fractionally…

Cracker Barrel responds to backlash over new logo

Cracker Barrel admitted on Monday that it “could’ve done a better job sharing who we are and who we’ll always be” after customers expressed outrage over the restaurant chain’s new logo. “If the last few days have shown us anything, it’s how deeply people care about Cracker Barrel. We’re truly…

Trump defends B Intel stake, hints at future deals

President Donald Trump on Monday defended the country’s 10% stake in Intel, slamming critics of the deal in a morning social media post.  “I PAID ZERO FOR INTEL, IT IS WORTH APPROXIMATELY 11 BILLION DOLLARS,” Trump wrote on Truth Social ahead of the opening bell on Wall Street. “All goes…

Southwest changes refund policy for customers of size starting in January

Southwest Airlines is adding rules when it comes to “customers of size.” Starting January 27, when flights with assigned seating begin taking off, plus-size passengers “should proactively purchase the needed number of seats prior to travel to ensure the additional, adjacent seat is available,” the airline says on its website.”I just…

Blue Bell recalls ice cream half gallons for undeclared nuts allergy risk

Blue Bell Ice Cream has voluntarily recalled some of its half-gallon cartons due to undeclared nuts, as the products impacted have a labeling error.  The recall of Blue Bell’s “limited quantity of Moo-llennium Crunch Ice Cream half gallon packaged in a Chocolate Chip Cookie Dough carton produced in its Brenham,…