The Latest
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Biden rejects Nippon Steel's proposed deal to acquire US Steel
President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel.
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The world's top hotels and restaurants are changing how they serve water
To reduce transport costs and waste, thousands of luxury hotels and high-end restaurants are turning to “premium” water that is purified and bottled on-site.
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Dunkin' teases possible Sabrina Carpenter collaboration
Dunkin’ appeared to tease a possible collaboration with pop star Sabrina Carpenter in a social media post on Sunday.
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Big Lots reaches deal to keep hundreds of US stores open
The discount chain Big Lots has reached a deal that will keep hundreds of its stores open. Big Lots said it will be sold to Gordon Brothers Retail Partners, which specializes in distressed companies.
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These new laws go into effect in 2025 — from AI in movies to rapid-fire guns
In many states, minimum wage workers will see a pay raise in January.
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Nike has had a rocky year — here's why a comeback will take time
Nike is the world’s largest sportswear brand but the company has struggled this year. Can Nike’s new CEO Elliot Hill turn things around for the company?
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How e-commerce is disrupting traditional seasonal work in retail
Online shopping sales reached a record $41.1 billion this holiday season. The shift to e-commerce has continued to transform the seasonal work landscape.
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The Container Store files for bankruptcy protection
The Container Store has filed for bankruptcy protection, as the storage and organizational goods retailer with roots dating back to 1978 grapples with mounting losses and cash flow shortages.
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Lego is reinventing its iconic brick sets and keeping the toy industry afloat
After coming to the brink of bankruptcy in the early 2000s, Lego has reshaped its business and diversified its customer base, helping it to elevate sales even in inflationary market conditions.
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Behind Amazon's quiet launch of Haul, which competes with Temu in ultra-low-price items from China
Amazon in November quietly launched Haul, for items under $20, largely from China. It’s Amazon’s answer to the soaring popularity of Temu and TikTok Shop.
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Tesla recalls nearly 700,000 vehicles over tire pressure light issue
Tesla has issued a recall for nearly 700,000 vehicles due to a tire pressure light issue.
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Netflix secures U.S. rights to the FIFA Women's World Cup in 2027, 2031
Netflix said Women’s World Cup coverage will include commentary and entertainment, as well as Netflix original documentaries in the lead-up to the tournament.
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From Nike to Intel, CEO departures at US companies hit a record this year
CEO exits at U.S. public companies were a record in 2024 as they faced competitive and strategic challenges.
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Big Lots announces ‘going out of business' sales at all remaining locations
The discount retailer will begin “going out of business” sales, or “GOB” sales, at its 963 remaining stores ahead of the closures.
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Workers don't understand the purpose of their work, and it's leading to ‘The Great Detachment'
Many workers aren’t happy with their jobs, and their limited options to find a new one are contributing to an era Gallup is calling “The Great Detachment.”
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Malls are using new restaurants to draw consumers as shopping centers reinvent themselves
Malls are adding new dining options, like Din Tai Fung and Eataly, to attract customers.
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Amazon workers strike at multiple facilities as Teamsters seek labor contract
The International Brotherhood of Teamsters said workers at seven Amazon facilities across the U.S. will begin a strike Thursday morning.