Categories World News
Red Lobster files for bankruptcy, but restaurants will stay open
May 21, 2024
Red Lobster has filed for voluntary Chapter 11 bankruptcy in Florida, the company confirmed in a statement late Sunday night — but
World News
Categories World News
Are consumers pulling back on spending? It depends which CEO you ask
May 21, 2024
With higher prices and elevated interest rates stubbornly sticking around, Chipotle burrito bowls and European vacations are still on the table for many consumers.
Categories World News
Target lowering prices on 5,000 frequently bought items
May 21, 2024
Target said Monday it will lower prices on approximately 5,000 frequently bought items as it seeks to stay competitive amid signs consumers
Categories World News
Chevy Bolt owners to receive settlement checks after successful class-action suit over faulty batteries
May 20, 2024
Chevy Bolt owners are eligible for settlement checks as part of a $150 million class-action settlement with General Motors and South Korean
Categories World News
Bruce Nordstrom, who helped grow family-led department store chain, dies at 90
May 20, 2024
SEATTLE — Bruce Nordstrom, a retail executive who helped expand his family’s Pacific Northwest department store chain into an upscale national brand,
Categories World News
The lunch rush is dead as Americans live for the weekend
May 20, 2024
More consumers are saving their workday lunch money to burn when they’re off the clock. The rise of hybrid work has kept many
Categories World News
Some consumers are punting big purchases like pools and mattresses
May 19, 2024
Americans are kicking the can down the road on some more-costly, traditionally financed purchases as elevated inflation and interest rates bite. Corporate executives
Categories World News
Frontier Airlines does away with change fees in budget airline pricing overhaul
May 19, 2024
Frontier Airlines said it will stop charging customers a fee to change their flights, taking a page from larger competitors as the Biden
Categories World News
Dow closes at record high above 40,000 to cinch a five-week winning streak
May 19, 2024
The Dow Jones Industrial Average closed Friday above the key 40,000 level for the first time in history, a day after hitting that benchmark
Categories World News
Here’s what has driven the Dow rally to 40,000, and why it could keep going
May 18, 2024
Passing major milestones such as the 40,000 barrier the Dow Jones Industrial Average eclipsed this week makes for a nice headline, but