Bed Bath & Beyond woes continue after influential investor exits
Bed Bath & Beyond reported a 25% drop-off in sales in its most recent quarter, which followed a 22% sales decline the previous quarter.
Walmart to expand abortion coverage for employees
Walmart, the nation’s largest employer, is expanding its abortion coverage for employees after staying largely mum on the issue following the Supreme Court ruling that scrapped a nationwide right to abortion.
Lowe’s to pay $55 million in bonuses for hourly frontline workers amid high inflation
Lowe’s gave seven similar bonuses after the pandemic began in 2020 and 2021.
Walmart to offer Paramount+ access to members of retail giant's subscription service
Walmart+, a shipping subscription service, and the new deal with Paramount is part of the retailer’s effort to better compete with Amazon's Prime membership program.
DoorDash to deliver Facebook Marketplace purchases in US
DoorDash will deliver certain smaller items purchased on Facebook Marketplace as part of a new partnership. Here's what can be delivered.
Peloton cutting over 700 jobs, raising prices on Bike+, Tread
The fitness giant will also reduce its North American retail footprint and eliminate its final mile distribution network.
Elon Musk sells $7B in Tesla shares ahead of Twitter fight
Elon Musk has sold nearly $7 billion worth of shares in Tesla as the billionaire gets his finances in order ahead of his court battle with Twitter.
Biden signs bill to boost US chip manufacturing to better compete with China
Biden signed the CHIPS Act, a $280 billion bipartisan bill to increase domestic high-tech manufacturing to boost U.S. competitiveness over China.
Toys R Us reopens in 9 states, more locations 'coming soon'
All Toys R Us locations across the U.S. will be complete in time for holiday shopping season.
Massachusetts brewery forced to cut jobs due to CO2 shortage: 'Huge threat to our business'
Auto fuel is not the only gas in short supply.
Gas prices drop amid wavering consumer demand, AAA says
Gas prices fell last week as consumer demand dropped from last year, and this downward trend could continue in the coming weeks, according to AAA.
Walmart announces layoffs amid lower profit forecasts
Walmart expects adjusted earnings per share for Q2 to decline to around 8% or 9%.
New crypto oversight legislation arrives as industry shakes
Crypto investors have seen prices drop and companies crater with fortunes and jobs disappearing. Some firms have been accused by federal regulators of running an illegal securities exchange.
These are the top retirement income concerns for many older Americans, according to a survey
In a recent survey, many older Americans said inflation is changing their retirement plans.
BP earnings triple to $8.5 billion as prices soared during Russia-Ukraine war
The good news for the London-based BP was bad news for consumers, as soaring energy prices contribute to the cost-of-living crisis in Britain and around the world.
Ice cream trucks aren't a thing of the past — but competition is stiff
Ice cream trucks are changing their strategies as they struggle for sales in a much more crowded marketplace, especially with third-party delivery services.
Beef prices set to surge further as farmers sell off cattle herds
More breeding stock is being sent to the sale barn amid soaring input costs and drought conditions
Gun makers made over $1B from selling AR-15-style guns over past decade, report finds
Firearm company CEOs testified at a congressional hearing that their products are legal and they are horrified by violence but guns themselves aren't to blame.
JetBlue to buy Spirit for $3.8 billion, creating nation's 5th largest airline
The new JetBlue-Spirit agreement comes a day after Spirit's attempt to merge with Frontier Airlines fell apart.
Spirit, Frontier abandon merger bid, paving way for JetBlue deal
The Frontier offer was worth more than $2.6 billion in cash and stock, far short of JetBlue's all-cash bid of $3.7 billion.