These retailers are closing stores in 2025

Major retailers are shutting down stores nationwide next year as the companies try to adjust their business operations and slash costs amid changes in the industry.

Nordstrom to be acquired by Nordstrom family and a Mexican retail group for $6.25 billion

Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group for $6.25 billion, the company said Monday.

The Container Store files for Chapter 11 bankruptcy

The Container Store has filed for bankruptcy amid a weaker housing market and a growing availability of cheaper alternatives.

Chinatown institution Sang Kee Peking Duck House reopens

An institution of Chinatown, Sang Kee, is finally back open Saturday after it was forced to close last week, due to a mysterious steam blasting into the restaurant’s basement.

What's open and closed on Christmas 2024

Most stores other businesses are closed on Christmas to give workers time with their own families, but there are a few you’ll find with their doors open

Party City closing after 40 years in business

Party City CEO Barry Litman said it was 'necessary to commence a wind down process immediately.'

Fox News’ Neil Cavuto steps down after nearly three decades

Neil Cavuto, a long-standing Fox News business journalist, has left the network after 28 years. Known for his fair reporting and willingness to critique both sides, Cavuto reflects on his career and plans for the future.

Malls aren’t obsolete and Gen Z is helping to prove that

The willingness to go out to shop during the holidays isn’t just in your head, it’s actually a huge draw for many shoppers.

Long-time South Philly restaurant closing after more than 70 years

A staple of South Philadelphia is closing for good after more than seven decades in business. The family restaurant, Bomb Bomb Bar-B-Q Grill is closing because the owners are retiring.

Here's how much PTO workers say they ideally want

Most Americans admit that they don’t use much of their vacation days from work, but say they are willing to pay for extra time off based on a new survey.

ABC, Trump settle defamation lawsuit

ABC News has agreed to pay $15 million toward Donald Trump’s presidential library to settle a defamation lawsuit.

Alex Jones retains Infowars for now after judge denies The Onion's winning auction bid

Alex Jones’ Infowars was up for sale as part of his bankruptcy case amid money courts are ordering him to pay for falsely claiming that the deadly Sandy Hook Elementary shooting was a hoax.