Big Lots will soon start ‘going out of business’ sales at its remaining locations
Big Lots is preparing to close its remaining 963 locations after a sale to save the bankrupt retailer fell through.
The Fed’s go-to inflation gauge ticked up less than expected last month
The Federal Reserve’s preferred inflation gauge moved slightly higher in November — but not as much as economists were expecting, an indication that price hikes aren’t accelerating in a worrisome fashion.
Starbucks union goes on strike in three cities
Members of Starbucks Workers United staged their first strike in 13 months Friday and plan an escalating strike between now and Christmas Eve in what would become the union’s largest work stoppage since the organizing campaign started at the coffee …
Party City is going out of business
Party City is closing down all of its stores, ending nearly 40 years in business, CNN has learned.
‘Packages and profits over people’: What it’s like to be an Amazon driver and why some are on strike
Amazon delivery drivers are on strike in four states across the US. Those on strike say that 400 packages, long hours and little help are part of a regular day at work.
Fashion: Nike Swooshes to the Top: A Fashion Champion for All Generations
This it comes to blending innovation, quality, and cultural impact, Nike is proving that it’s not just a brand—it’s a movement. According to YouGov's 2024 fashion rankings, Nike has sprinted ahead of its competitors, reigning supreme as America’s most beloved …
The Teamsters are threatening to strike Amazon. Here’s what that means
Members of the Teamsters union have voted to authorize a strike at three Amazon facilities, including at the Staten Island, New York, warehouse which became the first location where employees voted to join a union in 2022.
Heads up if you’re a freelancer or small business owner: The IRS may need something new from you
Heads up to anyone who is a freelancer, independent contractor, business owner, property renter or just a hobbyist who occasionally sells their creations: If you accept business-related income through a payment app or online marketplace like Venmo, CashApp, Airbnb and …
More bad news for Bud Light
It’s the end of an era for Bud Light: The beleaguered brand is no longer the most popular beer on tap at bars. Another Anheuser-Busch InBev beer, Michelob Ultra, has surpassed Bud Light in its share of US draft lines, …
Elon Musk says SEC orders him to pay fine over Twitter purchase or face charges
Elon Musk apparently has one last battle to wage with outgoing Securities and Exchange Commission Chairman Gary Gensler.
Krispy Kreme is struggling to fulfill online orders after it was hit with a cyberattack
A cybersecurity attack is hampering some customers from getting their doughnuts at Krispy Kreme, the company revealed Wednesday.
Chili’s and Applebee’s are fighting about their value meals
There’s beef cooking between two of the biggest restaurant chains over their respective meal deals.
Macy’s provides more details about that employee who hid more than $150 million worth of expenses
Macy’s said Wednesday that it has concluded its investigation into an employee who intentionally hid more than $150 million in expenses, and it has tightened its controls to avoid a repeat of the embarrassing problem.
Walgreens is in particularly awful shape
Drug stores around the United States are struggling. Especially Walgreens. Walgreens’ stock has plunged more than 80% over the past five years, ranking the company among the worst-performing stocks during that stretch. It’s closing 1,200 stores, roughly 15% of its …
Driving the Future: GM’s Bold Shift to Autonomous Personal Vehicles
In a strategic pivot that underscores its dedication to redefining transportation, General Motors (NYSE: GM) is realigning its autonomous driving strategy to focus on personal vehicles. This move signals a decisive departure from its earlier pursuits of robotaxi technology and …
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