U.S. Steel takeover by Japanese company blocked by Biden Administration

The Biden Administration blocked the takeover of U.S. Steel by Japanese-owned Nippon Steel, citing national security concerns and opinions over the block are vastly different.

U.S. Steel merger with Japanese company blocked
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The Biden Administration blocked the U.S. Steel merger with Japanese-owned Nippon Steel, citing national security concerns and opinions over the block are vastly different.

President Biden blocks sale of US Steel to Japan's Nippon Steel

Biden previously expressed opposition to the deal and said that U.S. Steel should remain an American-owned and American-operated firm.

Big Lots strikes deal to keep hundreds of US stores open

Big Lots has reached an agreement to keep hundreds of its stores open following its bankruptcy filing in September.

List: Take these dates off to maximize your vacation time in 2025

Paid time off is an important benefit your employer expects you to use as part of your overall compensation. Here's how to maximize your vacation time.

These US retailers and restaurants fell to bankruptcies, closings in 2024

The Container Store and Party City join Macy's, Stop & Shop, Big Lots and a handful of national pharmacy chains that are rolling up the sidewalks as a divide rocks the retail world.

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.