88-year-old restaurant chain closes all locations, no bankruptcy

The stock market showed positive movement on December 2, 2025, with the Nasdaq and Russell 2000 indices gaining after a sluggish start following the Thanksgiving holiday. This upward trend reflects a recovery phase as investors respond to recent economic indicators and corporate performance.

A popular pizza chain has made a surprising business move by selling 85 of its locations, a decision that reflects the evolving landscape of the pizza industry in the U.S., where regional styles like Chicago deep-dish and New York thin-crust have become cultural staples. This shift comes amid increasing competition and changing consumer preferences.

An 80-year-old rival to Home Depot has permanently closed its location, highlighting the increasing difficulty of finding local independent hardware stores. This closure reflects broader challenges faced by small retailers in the hardware sector, where convenience and customer service are often overshadowed by larger competitors.

The FDA has issued its most serious warning regarding a recent cheese recall, highlighting the increasing frequency of food recalls across various categories, including dairy products, deli meats, and ready-to-eat meals. This situation underscores the ongoing challenges manufacturers face in ensuring food safety and compliance with health regulations.

Meta Platforms is poised to signal a significant shift in the AI market by 2026, as it explores strategic investments in AI technologies, particularly in collaboration with Google, to enhance its competitive edge against Nvidia, which has dominated the sector.

Robert Kiyosaki, the author of 'Rich Dad Poor Dad,' has issued a stark warning that the stock market is experiencing the 'biggest crash in history,' a claim that has garnered significant attention and concern among investors. This assertion aligns with broader fears regarding market stability as economic indicators show signs of distress.

A lawsuit related to StubHub's initial public offering (IPO) has emerged, raising concerns among investors about potential financial losses. The secondary ticket market, often criticized for its pricing and accessibility issues, has been a contentious topic for consumers who frequently face challenges when purchasing tickets for events.

Cathie Wood's ARK Investment Management has made a significant investment, acquiring $56 million worth of megacap tech stock, reflecting her continued confidence in the technology sector. This move is part of a broader strategy to capitalize on high-growth opportunities in the market.