A year after its failed no-tipping policy experiment and a month after rumors began swirling that Joe’s Crab Shack parent company Ignite Restaurants was prepping for bankruptcy, the company has done just that and revealed plans to sell itself to a private equity firm. [More]
going for a turnaround
New United CEO Apologizes For 5 Years Of Merger-Related Problems
The five-year-old marriage between United and Continental airlines appears to be hitting the seven-year itch a few years early, as new United CEO Oscar Munoz began his tenure acknowledging the mega-merger may not have been such a good idea after all. [More]