Layoffs begin in the film industry as Hollywood strikes continue

Some businesses haven't had a customer in months, while other companies are concerned about bankruptcy if the strikes continue.

Disney plans to hike streaming prices, join Netflix in crackdown on subscription sharing

Disney CEO Bob Iger acknowledged that the price hikes are intended to steer consumers toward cheaper ad-supported versions of the streaming services, whose subscription prices are not changing.

Campbell Soup buys Rao's sauce maker for $2.7B

Campbell is adding to its grocery store repertoire by acquiring the parent company of Rao's pasta sauce, Sovos Brands.

Bud Light parent company says US market share stabilizing after transgender promotion cost sales

Anheuser-Busch InBev reported a 10.5% drop in U.S. revenue in the second quarter as Bud Light sales plunged amid a conservative backlash over a promotion with transgender influencer Dylan Mulvaney.

Adidas makes $437 million from first Yeezy sale with portion going to anti-hate groups

Adidas is trying to offload the unsold shoes and donate part of the proceeds to groups like the Anti-Defamation League. The sports apparel company ended its partnership with Kanye West.

Residents meet with company redeveloping former Philadelphia Energy Solutions Refinery

It has been four years since the massive fire and explosion at an oil refinery in South Philadelphia. There are still questions and concerns over what’s next for the site.

Residents meet with company redeveloping former refinery
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It has been four years since the massive fire and explosion at an oil refinery in South Philadelphia. There are still questions and concerns over what?s next for the site.

CVS to lay off 5,000 employees as it seeks to cut costs

The Rhode Island-based pharmacy giant said in a statement that it is eliminating "a number of non-customer facing positions" throughout the company

Overstock's website changes to Bed Bath & Beyond domain

The online retailer Overstock.com is dumping its name online and has become Bed & Bath & Beyond, which declared bankruptcy earlier this year.

US trucking giant Yellow shutting down operations amid standoff with Teamsters union

The end of the road comes after the company earlier this month averted a strike by some 22,000 Teamsters-represented workers, saying the company will pay the more than $50 million it owed in worker benefits and pension accruals.