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Retail's Toughest Year: A Record for Store Closings

The traditional retail industry just capped one of its most difficult years with a successful holiday shopping season. The question is, will that be enough to save stores on the brink?

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Why Starbucks stopped rewarding its stockholders

Just three weeks ago, Starbucks announced that it had big plans to lavish its shareholders with new rewards. The company said it was reinstating its stock buyback program, touting a $20 billion commitment over the next three years.

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Connecticut Restaurant Associations starts ‘Save CT Restaurants’ campaign

More than 600 Connecticut restaurants have closed during the pandemic.

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Rite Aid stock is experiencing extreme turbulence: Here’s why

Shares of Rite Aid were slightly lower Monday after soaring more than 20% higher in morning trading.

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First Black-developed micro-community taking shape in Atlanta

A new community of micro-homes is starting to take shape in College Park.

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Opponents line up to quash Medicare for All

As attention on Medicare for All continues to grow, the industries that would be most affected by the shift are determined to chill the fervor.

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Climate event El Niño could hit the economy from food prices to clothing sales this year

Earlier this month, scientists at the US National Oceanic and Atmospheric Administration (NOAA) confirmed that the climate event known as El Niño has officially emerged for the first time in more than four years, and it’s expected to be strong this time around.

Biden faces moment of truth on the economy this week

Every week is a tough week for this White House right now. But as he recovers from his Covid-19 infection, President Joe Biden faces a new moment of truth this week about an economy that is stuck in an identity crisis and buffeted by unpredictable outside forces -- and his White House knows it, as advisers scramble to front-run what many think could be a week of more gloomy data.

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Coke with Coffee is (finally) here

Coke with Coffee is finally launching Monday in the United States after being available for years internationally.

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Trump is hitting Amazon where it hurts

President Trump is using the bully pulpit to break investors' faith in Jeff Bezos and Amazon. With a series of broadsides against Amazon on Twitter and reports that he is raising the threat of antitrust lawsuits and tighter regulation, Trump has accomplished what Walmart, Target and rivals have failed to do: slow down one of the most successful companies in American history.

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Trump launches unprecedented attack on military leadership he appointed

President Donald Trump launched an unprecedented public attack against the leadership of the US military on Monday, accusing them of waging wars to boost the profits of defense manufacturing companies.

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Huawei CFO Meng Wanzhou arrested in Canada, faces extradition to United States

The chief financial officer of Chinese tech giant Huawei has been arrested in Canada. She faces extradition to the United States.

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Trump Warns North Korea: US Military 'locked and loaded'

President Donald Trump further escalated his rhetorical standoff with North Korea Friday morning, suggesting the US was ready to respond with military force should the rogue nation "act unwisely."

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Senate drug price bill is limited to Medicare. Here's what it means for those with private insurance

When Senate Democrats crafted their legislation to lower drug prices, they wanted two main measures to encompass both the private insurance and Medicare markets.

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UK food supplies at risk as American CO2 provider shuts down due to soaring gas prices

UK supermarkets could face shortages of meat and other fresh food within weeks after soaring gas prices prompted a major US fertilizer manufacturer to suspend production, turning off most of Britain's supply of carbon dioxide to the food and drink industry in the process.

Hurricane Ida may push gas prices even higher

Hurricane Ida's direct hit on the nation's oil and gasoline industry could send gas prices higher, exacerbating inflation that's already hurting American consumers.

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OPEC still debating oil production cut

OPEC is still debating how much oil it should remove from world markets following a price crash in recent months.

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Biden preparing executive action on climate after Manchin sinks legislative approach

The White House is preparing a plan to take executive action on climate after Democratic Sen. Joe Manchin last week torpedoed his party's efforts on sweeping legislation.

Hawai'i Island Police launch body cam program

The Hawaii County Police Department (HPD) officially launched its body camera program Monday.

Buffalo shooting suspect expected in court for felony hearing today

The 18-year-old White man suspected of carrying out a racist mass shooting Saturday in a Buffalo, New York, supermarket is expected to appear in court Thursday morning for a felony hearing that could provide new details on the massacre.