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Franchisee Meridian Restaurants Unlimited is closing 27 Burger King locations in the US. Another Burger King franchisee, EYM King of Michigan said it will close 26 locations last month. Meridian operates over 100 Burger King locations. The Burger King operator filed for bankruptcy in March because of low sales and high inflation, among other factors. Another Burger King franchisee, TOMS King Holdings, filed for Chapter 11 bankruptcy protection in January for similar reasons.
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Twitter is subleasing 200,000 square feet of office space in Manhattan, Bloomberg reported. This past weekend, Musk laid off hundreds of staffers, including some of his most loyal employees. Now, he's chipping away at the company's office space, too. Twitter is not the only major tech company to cut back on office space in New York. Late last year, Meta also pulled back on office space in Manhattan's Hudson Yards as part of an effort to lower expenses.
Khris Middleton scored 24 points off the bench for the Bucks, who won their seventh straight game. Tyler Herro added 24 points despite shooting just 2 of 8 from 3-point range, and Bam Adebayo recorded a double-double of 16 points and 11 rebounds. Jalen Brunson scored 41 points, three shy of his career high, while Julius Randle posted 28 points and 11 rebounds for the Knicks. De'Andre Hunter scored 20 points and Clint Capela had 12 points and 11 rebounds. DeMar DeRozan collected 27 points, seven assists and seven rebounds, and Nikola Vucevic had 23 points and 11 rebounds.
Morning bid: Cloudy outlook
  + stars: | 2023-01-25 | by ( ) www.reuters.com   time to read: +4 min
And deep in the weeds of the fourth-quarter corporate earnings season, Microsoft's (MSFT.O) overnight rollercoaster probably defines the uncertainty. Microsoft stock surged almost 5% in after-hours trading on Tuesday after its bottom line beat the Street consensus. The mixed earnings picture dampened early week enthusiasm surrounding tech stocks and chipmakers. The chance it may force the Reserve Bank of Australia to lift interest rates again boosted the Aussie dollar. Key developments that may provide direction to U.S. markets later on Wednesday:* Bank of Canada policy decision.
CNN —A theater on Broadway has been officially renamed in honor of the late actress and civil rights activist Lena Horne. Horne is the first Black woman to have a theater named in her honor. NEW YORK, NEW YORK - NOVEMBER 01: A view of signage at the Nederlander Organization's unveiling of Broadway's new Lena Horne Theatre on November 01, 2022 in New York City. It seats 1,069 and is one of The Nederlander Organization’s nine Broadway theatres. In September, the Shubert Organization re-christened a Broadway theater to honor actor James Earl Jones.
The company trying to buy Trump's Truth Social has changed its HQ address to a UPS mailbox. Digital World Acquisition previously had its HQ address listed as a WeWork building in Miami. The blank-check company's proposed deal with Truth Social has been plagued by setbacks. A buyout deal between Digital World and Truth Social was first announced in October 2021, and was originally set to close in September 2022. Digital World did not immediately respond to Insider's request for comment, made outside of regular working hours.
Meet the GOP's biggest Hollywood donors
  + stars: | 2020-08-26 | by ( Dave Levinthal | ) www.businessinsider.com   time to read: +13 min
America First Action, the most notable super PAC backing President Donald Trump, has directly criticized Hollywood. Donors from Hollywood-area ZIP codes also rank among the most generous donors to key Republican senators, including Lindsey Graham of South Carolina and Marco Rubio of Florida. 3 donor ZIP code in the nation, trailing only ZIP codes in Houston and Palm Beach, Florida, which is home to his Mar-a-Lago Club resort. Bill Pugliano/Getty ImagesTrump continues to profit from HollywoodIn messages to supporters this year, Trump has decried "liberal HOLLYWOOD donors" and "MEGA HOLLYWOOD DONORS," while his son Donald Trump Jr. has castigated the "Hollywood Elite." As president, Trump's pension earned him more than $84,000 in 2017, about $91,000 in 2018, and about $78,000 in 2019, his personal financial disclosures showed.
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