Major paint company to lay off 1,800 workers, close facilities
The company is cutting nearly 2,000 jobs in the U.S. and Europe as it undergoes a comprehensive cost reduction program. It's also selling its architectural business.
Holiday spending projected to hit new record this year
Notable differences this year include the shopping period between Thanksgiving and Christmas being nearly a week shorter, and the economic impact of Hurricanes Helene and Milton.
Sam's Club stores: Here's what the new locations will look like
Sam's Club membership warehouse is planning to open 30 stores in the next five years.
Big Lots to shutter more than 50 retail locations
Big Lots aims to permanently close the doors of more than 50 stores in numerous U.S. states.
TGI Fridays closes a dozen stores across America in just one month
A dozen U.S. TGI Fridays locations have closed in the last month, as the brand also shutters 35 stores in the United Kingdom. Earlier closures this year were due to underperformance.
Walgreens to close 1,200 stores across country
Walgreens will close about 1,200 locations over the next three years as the drugstore chain seeks to turnaround a struggling U.S. business that contributed to a $3 billion quarterly loss.
7-Eleven shutting down nearly 450 underperforming stores across North America
Nearly 450 7-Eleven stores across North America are closing for underperforming, according to the company.
7-Eleven closing more than 400 locations
7-Eleven is closing hundreds of store locations across North America due to underperformance.
Inflation sees the lowest annual rise since 2021
The Consumer Price Index (CPI), the main measure of inflation, increased 0.2% in September, a similar increase consumers saw in August and July, the Bureau of Labor Statistics reported.
McDonald’s sues meat industry giants over alleged beef price fixing scheme
McDonald's has filed a lawsuit against the nation's largest meat packers—Tyson, JBS, Cargill, and National Beef—accusing them of conspiring to fix beef prices by limiting supply to inflate costs.
Could Red Lobster's endless shrimp return? New CEO weighs in
Red Lobster’s new CEO recalled the ‘chaos’ created by the $20 endless shrimp promotion that propelled the company toward bankruptcy.
Pink Floyd sells music for $400 million - see who else has made huge deals
Pink Floyd is the latest to participate in an ongoing trend of big acts and their rights holders making deals to sell their back-catalogs for a big sum. See who else has cashed in.
Taxpayers in these 24 states will be able to file their returns directly with the IRS
The IRS is expanding its Direct File program to 30 million taxpayers in 24 states for the 2025 tax season. Learn more about the new eligibility standards and participating states.
Will the US port strike raise gas prices? What you need to know
Experts say the U.S. port strike could eventually affect the oil and gas industry. While no immediate disruptions are expected, the real question is whether prolonged strikes could lead to price hikes.
Dockworker strike wasn’t expected to affect gas prices — but that’s not the case now
If union dockworker strike impacting US ports is not resolved quickly, its impact could be felt in the energy sector.
Strike at ports update: 45,000 stop work along East Coast, Gulf docks
A union contract involving 45,000 dockworkers lapsed on Monday, kicking off a strike that could shut down ports across the East and Gulf coasts. Here's how it could impact you.
Port strike looming: What to know and expect
Retailers are bracing for potential pain should thousands of dock workers along the East Coast begin striking this week. Here’s what to know and what to expect.
Salt Life brand closing all stores in US after bankruptcy sale
All Salt Life stores in the U.S. are closing after the company was recently purchased in a bankruptcy sale.
UPS hiring 125K seasonal workers: Here's who else is hiring for the holidays
Seasonal hiring is expected to be lighter this year than in 2023. Here's a look at who's hiring for the holidays.
US ready to crack down on cheap shopping site beloved by American bargain hunters
The House Intelligence Committee is requesting a briefing from the FBI and Securities Exchange Commission on Chinese Communist Party-linked e-commerce company Temu and its parent company Pinduoduo (PDD) amid concerns of exploitation of U.S. data.