That's the way the pricey cupcake crumbles.
Crumbs Bake Shops has closed its high-end cupcake stores after its stock was delisted by Nasdaq and it defaulted on about $14.3 million in financing.
Shares of Crumbs were as high as $3.49 in early 2013, but collapsed to 11 cents on June 30, its final day of trading. Employees were notified of the shutdown on Monday, according to published reports. The company had 165 full-time and 655 part-time employees as of the end of last year.
Many Americans are trying to limit the amount of salt in their diets. They know that reducing sodium intake can help lower blood pressure and reduce their risk of having a heart attack or stroke.
But restaurants aren't making it easy to cut back, according to a new report from the Center for Science in the Public Interest.
Americans want food their way, and a new survey shows that "their way" calls for a higher quality, more varied meal than they're getting at the top burger, burrito, sandwich and chicken chains.
Consumer Reports asked subscribers to answer one straightforward question: "On a scale of 1 to 10, from least delicious to most delicious you’ve ever eaten, how would you rate the taste?"
96,208 meals and 65 chains later, some trends emerged: readers expressed an increased interest in the quality of the food, and less of a focus on convenience than they had in the group's 2011 report. One industry expert, Darren Tristano of Technomic, a food-service research and consulting firm, told Consumer Reports that he believes the shift has a lot to do with the increasing role food plays in millennials' social lives.
CNN Exclusive by CNN Investigative Correspondent Chris Frates
Wake County, North Carolina – Chickens buried alive. Pigs so sick that their intestines hang out of their bodies. These are some of the grisly scenes from videos taken by animal rights activists who went undercover at farms that produce food destined for dinner tables.
It’s a tactic animal rights activists have used for years, going undercover at slaughterhouses and factory farms to document squalid conditions, abuse and neglect. Their videos have gone mainstream and led to criminal charges, fines and even the largest meat recall in American history.
But undercover video is under attack and with it, activists argue, their ability to expose animal abuses that can make meat dangerous to eat.
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