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Categories Business

Party City to close all of its stores, report says

Author December 21, 2024

Party City on Friday announced it will close all of its stores and has initiated corporate layoffs effective immediately, according to a CNN

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Categories Business

Starbucks union announces strike to last through Christmas Eve in 3 major cities

Author December 20, 2024

Love Starbucks holiday drinks? This week, you may not get them. Starbucks Workers United announced baristas will strike starting Friday in three

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Categories Business

OpenAI is done with Shipmas and staring down daunting challenges for 2025

Author December 20, 2024

OpenAI’s “12 Days of Shipmas,” which wrapped up on Friday, brought a sense of levity to end the year. The marketing blitz

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Categories Business

Trump transfers all his DJT shares to his revocable trust, SEC filings show

Author December 20, 2024

President-elect Donald Trump this week transferred his entire stake of shares in Trump Media to a revocable trust of which he is the sole beneficiary, regulatory filings revealed Thursday evening. Trump

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Categories Business

Big Lots initiates going-out-of-business sales at remaining locations

Author December 20, 2024

Troubled discount furniture and home decor retailer Big Lots will initiate going-out-business sales at its remaining locations after a deal to find

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Categories Business

How Trump could spare Biden’s renewable energy credits and still cripple his landmark climate bill

Author December 20, 2024

The fate of President Joe Biden’s landmark climate legislation, the Inflation Reduction Act, is in the hands of the incoming Republican-controlled White House,

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Categories Business

Malls are using new restaurants to draw consumers as shopping centers reinvent themselves

Author December 20, 2024

Malls used to be the destination for the buzziest stores. Now they’re home to the hottest restaurants. The slow death of department stores

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Categories Business

How Vuori reached a $5.5 billion valuation by taking share from Lululemon

Author December 19, 2024

When athleisure brand Vuori launched in 2015, it was headquartered in a garage, sold only men’s shorts and couldn’t get investors to

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Categories Business

Grubhub to pay $25M to settle charges that it misled diners and drivers about costs and pay

Author December 18, 2024

Grubhub will pay $25 million to settle charges it misled customers about the cost of their delivery and drivers about how much

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Categories Business

Starbucks union votes to authorize strike ahead of last scheduled bargaining session in 2024

Author December 18, 2024

Starbucks Workers United said Tuesday that 98% of union baristas have voted to authorize a strike as they seek a contract with the

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