Intel to layoff roughly 15,000 workers amid revenue slump
Intel Corp. sent a memo to employees on Thursday announcing that the company would be cutting nearly15,000 jobs.
Etsy will test its first-ever loyalty program
The online retailer's new program will offer consumers free shipping across the U.S. and access to discounts.
Lululemon removes new clothing item after social media users sound off
A Lululemon spokesperson says the company is a 'test and learn organization.'
Parents rely heavily on borrowing to pay for college costs: survey
Roughly 42% of families said they planned to rely on federal student loans, and 16% said they would use private loans to pay for college, according to a recent survey.
Delta seeks compensation for CrowdStrike, Microsoft outage: reports
Delta Air Lines announced plans to seek compensation from Microsoft and CrowdStrike.
Target launching denim take back event. Here's how it works
The retail giant’s new denim promotion begins in August and here’s what you need to know.
McDonald's same-store sales fall for 1st time since pandemic
The burger chain launched a promotion in May to help boost customer traffic and declining restaurant sales.
Albertsons and Kroger agree to pause merger amid legal, regulatory challenges
Albertsons and Kroger agreed to pause merger amid legal and regulatory challenges.
Mortgage rates barely budged this week as more listings flood the market
Mortgage rates didn't change much this week, but more home listings are coming on the market even as buyers are backing off.
Champagne sales down worldwide in 2024, industry executives cite lack of 'cheer'
One executive claims a lack of "cheer" worldwide caused bubbly sales to go flat in the first half of 2024, according to an earnings call this week.
Home goods retailer files for bankruptcy, to close over 70 stores
The company said store closures will span 13 states.
Virginia named the best state for business, per CNBC ranking
Virginia has been named the best state for business for the third time in five years on https://www.cnbc.com/2024/07/11/americas-top-states-for-business-full-rankings.html.
First-time homebuyers are often overwhelmed by unexpected homeownership costs: study
Younger first-time buyers often don't consider additional housing costs such as repairs, improvements and emergencies.
US corporate bankruptcy filings surge – here are the business types that led
The number of U.S. corporate bankruptcy filings so far in 2024 is “higher than any comparable figure in the prior 13 years," according to data from S&P Global Market Intelligence.
MOD Pizza announces new owner amid financial woes
The fast-casual pizza chain has new ownership and a plan to improve its business.
Stop & Shop to close 32 underperforming grocery stores; see the list
Regional grocery chain Stop & Shop has announced which "underperforming" store locations will be closing before the end of the year.
Kroger, Albertsons identify nearly 600 stores to be sold in merger: Full list
Kroger and Albertsons have identified 579 U.S. stores that they intend to offload from their combined grocery store count in an effort to merge.
Leasing a car more popular, high-credit consumers choosing to lease more than 30 percent of the time
Car leases are becoming more popular as prices for cars still remains high.
Redbox to shut down after parent company files for bankruptcy: Reports
Redbox's parent company, Chicken Soup for the Soul Entertainment, filed for bankruptcy last month.
More than 1 in 3 US households have financial insecurity, survey says
The number of American households that are feeling the strain when it comes to paying for necessities such as food and bills, saw a 6.7% increase in 2024 compared to the same period in 2022.