Finance

Arby’s parent Inspire Brands buys Jimmy John’s Sandwiches

The parent company of Arby’s and Buffalo Wild Wings is buying Jimmy John’s Sandwiches. Atlanta-based Inspire Brands said Wednesday the acquisition will make it the fourth-largest restaurant company in the U.S., with annual sales of $14 billion and 11,200 restaurants. The deal is expected to be completed by the end of October. Terms weren’t disclosed.

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U.S. Threat to Withdraw From Postal Treaty Prompts Emergency Talks

GENEVA — Emergency talks began on Tuesday as delegates from nearly 150 countries tried to prevent a massive disruption to international postal services that could occur if President Trump pulls America out of a United Nations body that has regulated mail services for more than a century. The United States has threatened to leave the

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US consumer confidence drops as economic uncertainties rise

Consumer confidence fell sharply in September, a likely indication that growing economic uncertainties are taking a toll on American households. The Conference Board, a business research group, said Tuesday that its consumer confidence index fell to 125.1 in September from a revised August reading of 134.2. Consumers’ assessments of both current economic conditions and expectations

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Investigator says FAA training inspectors weren’t qualified

Investigators say many Federal Aviation Administration inspectors who worked on pilot-training standards for the grounded Boeing 737 Max and other planes were themselves unqualified and insufficiently trained. The U.S. Office of Special Counsel also says the FAA gave a Senate committee misleading answers when the panel asked about the issue. “The FAA’s failure to ensure

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