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shutters

Valero shutters Benicia refinery, hundreds lose jobs, $82M fine cited amid environmental and regulatory pressures

January 16, 2026 1:05 pm

Hundreds of Valero layoffs begin in California as company idles major refinery #MacroEdge — MacroEdge (@MacroEdgeRes) January 15, 2026 Are California’s regulations killing energy jobs faster than companies can adapt? Valero is idling its Benicia refinery due to high operational …

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Starbucks shutters hundreds of stores as sales slump exposes deep brand troubles

July 29, 2025 10:03 pm

Starbucks is closing hundreds of stores while same-store sales continue their slide, signaling deeper issues beyond typical retail woes. The coffee giant’s struggles highlight a shift in consumer habits and increasing competition from local cafes and fast-casual chains. It’s not …

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Electricity demand surges while U.S. shutters reliable power sources. America follows Europe’s blackout-prone energy path

May 16, 2025 3:53 pm

America is at high risk of blackouts because we decided to retire a bunch of power plants and replace them with solar and wind, right as demand for electricity started to rise. We are still on the same track as …

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‘Broken’ news industry faces uncertain future… SCRIPPS lays off 200; Shutters broadcast news channel…

September 27, 2024 8:34 pm

From disinformation campaigns to soaring scepticism, plummeting trust and economic slumps, the global media landscape has been hit with blow after blow. World News Day, taking place on Saturday with the support of hundreds of organisations including AFP, aims to …

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Denny’s shutters its only Oakland location, citing safety concerns due to high crime

February 1, 2024 9:02 pm

After 54 years, Denny’s has decided to permanently shutter its only Oakland, California, location, citing safety concerns due to the area’s high crime rate, Fox Business reported Wednesday. The restaurant closed on Wednesday afternoon and left a sign on the …

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Bank of America closes 21 branches in ONE WEEK while Wells Fargo shutters 15

October 18, 2023 10:09 pm

Major US banks are continuing to close branches across the US, leaving an increasing number of Americans without access to basic financial services. Bank of America axed 21 branches in the first week of October, according to a bulletin published …

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