Richard Parsons, who helped Time Warner divorce from AOL after what was considered one of the worst takeovers in history, has died. He…
Business
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A Starbucks barista strike is expanding to 5,000 workers at what organizers said was more than 300 stores in 45 states, just as…
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Business
Digital health companies pummeled by Wall Street in 2024 as industry adapts to post-Covid slowdown
by adminIf the Covid era marked a boom time for digital health companies, 2024 was the reckoning. In a year that saw the Nasdaq…
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Top CEOs and their companies are pledging to donate millions of dollars to President-elect Donald Trump’s inaugural committee, as they seek to get on…
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Business
Digital health companies got pummeled by Wall Street in 2024 as industry adapts to post-Covid slowdown
by adminIf the Covid era marked a boom time for digital health companies, 2024 was the reckoning. In a year that saw the Nasdaq…
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Business
Nordstrom to go private in $6.25 billion deal with founding family, Mexican retailer
by adminNordstrom on Monday announced it will become a private company after it agreed to a buyout deal valued at roughly $6.25 billion from Nordstrom’s founding family and…
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Business
Consumer protection board sues Walmart and fintech firm over gig-worker driver pay access
by adminThe Consumer Financial Protection Bureau is suing Walmart and a financial technology firm, alleging they illegally forced drivers into using costly deposit accounts…
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The toy industry is headed for its second consecutive annual sales decline, but it’s got one thing propping it up: colorful, interlocking plastic…
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Nissan will be the victim of cost-cutting “carnage” if it combines forces with Japanese peer Honda, former Nissan CEO Carlos Ghosn told CNBC on Tuesday.…
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Business
IRS plans to pay 1 million taxpayers up to $1,400. Here’s how to check if you’re eligible.
by adminThe IRS plans to issue automatic “special payments” of up to $1,400 to 1 million taxpayers starting later this month, the agency announced last week.…