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Behind Amazon's quiet launch of Haul, which competes with Temu in ultra-low-price items from China
Amazon in November quietly launched Haul, for items under $20, largely from China. It’s Amazon’s answer to the soaring popularity of Temu and TikTok Shop.
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From Nike to Intel, CEO departures at US companies hit a record this year
CEO exits at U.S. public companies were a record in 2024 as they faced competitive and strategic challenges.
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Big Lots preparing to close its remaining stores
The company filed for Chapter 11 bankruptcy in September and already closed 400 locations around the country.
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Watch: How to help workers ease the return to office transition
More companies are making a push to get employees back in the office. An executive with Envoy tells us how employees and businesses can ease the transition process.
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Malls are using new restaurants to draw consumers as shopping centers reinvent themselves
Malls are adding new dining options, like Din Tai Fung and Eataly, to attract customers.
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5 Things to know about In-N-Out
Here are five things to know about In-N-Out Burger.
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Trump and Japan tech conglomerate SoftBank announce $100 billion in US investments
The goal is to create as many as 100,000 jobs over four years in AI and “related infrastructure.”
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Macy's will close more stores by the end of 2024
Macy’s expects to close roughly 65 locations by the end of 2024, according to the company’s Chairman and CEO Tony Spring.
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5 things to know about Starbucks
With more than 40,000 stores worldwide, the company is a famous roaster and retailer of specialty coffee.
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BuzzFeed sells ‘Hot Ones' studio in $82.5 million deal
First We Feast, the food and pop culture brand behind the YouTube show, was sold to a group of investors, including “Hot Ones” host Sean Evans, Crooked Media and the Soros Fund.
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Judges block the pending $25 billion merger of grocery chains Kroger and Albertsons
Kroger and Albertsons said Tuesday they are disappointed in the decisions and are reviewing their options.
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Boeing lays off hundreds in Washington and California as part of cuts announced previously
Boeing has laid off hundreds of additional employees in Washington state and California as part of planned cuts that will eventually reduce the company’s workforce by about 17,000.
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Iconic Mexican restaurant Chi-Chi's making a comeback after 20 years
Chi-Chi’s, an iconic Mexican restaurant chain from the 1990s that had several locations across the U.S. including in the Chicago suburbs, is officially making a comeback after more than two decades, a press release announced Wednesday.
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‘No EBT': SNAP payment outages reported Thursday morning
People planning to pay for food early Thursday morning were greeted at 24/7 convenience stores with a message — “No EBT.” Here’s what we know.
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The war on woke: How a gay rights index once touted by Walmart and others became a conservative target
Corporations are pulling out of the Human Rights Campaign’s Corporate Equality Index just a few years after celebrating their contributions to LGBTQ+ inclusion.
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Walmart's DEI rollback signals a profound shift in the wake of Trump's election victory
Walmart’s sweeping rollback of its diversity policies is the strongest indication yet of a profound shift taking hold at U.S. companies that are re-evaluating the legal and political risks associated with bold programs to bolster historically underrepresented groups in business.
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Macy's delays earnings release as it says employee hid up to $154 million in delivery expenses
Macy’s delayed its results after it discovered an issue related to the reporting of delivery expenses.
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At 17, he bought a sandwich shop for $125,000 — he renamed it Jersey Mike's and just sold it for $8 billion
On Tuesday, Peter Cancro entered an agreement to sell a majority of his company Jersey Mike’s Subs to Blackstone for a reported $8 billion.
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How the world's 431 women billionaires make, spend and give away their fortunes
Women are more likely to emphasize a philanthropic focus on nonprofit and social organizations.
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Campbell's shareholders approve the company's new, soupless name
Campbell’s is dropping “soup” from its name after shareholders overwhelmingly approved the change on Tuesday.