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Categories Editor's Pick

Tesla has downsized by at least 14% this year after Elon Musk said layoffs would exceed 10%

Author June 24, 2024

Tesla’s hefty downsizing in 2023 has reduced its global headcount to just over 121,000 people, including temps, internal records suggest, indicating that the

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Categories Editor's Pick

X boss Elon Musk tempers comments about advertisers as he looks to woo them back

Author June 24, 2024

Elon Musk on Wednesday tried to walk back remarks lashing out at advertisers fleeing his X social media platform. At the Cannes Lions

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Categories Editor's Pick

Rite Aid shutting down 27 more locations, bringing closure total to nearly 550 nationwide

Author June 24, 2024

Rite Aid is closing 27 more locations as it continues to work through a bankruptcy proceeding, according to a new court filing.

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Categories Editor's Pick

Forever 21 seeks rent concessions as fast-fashion brand faces financial woes

Author June 24, 2024

Forever 21 is asking landlords for a break on rent as the legacy fast-fashion player’s sales decline and it struggles to keep

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Categories Editor's Pick

Polls say older voters want Social Security protections. Yet parties are tied for their support.

Author June 24, 2024

Voters, ages 50 and up, will have a strong influence on the November election. And politicians who want to win their vote would be

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Categories Editor's Pick

LongHorn up, Olive Garden down: Darden earnings hint at dinings sales drag

Author June 24, 2024

Darden Restaurants on Thursday reported mixed quarterly results as Olive Garden’s same-store sales fell for the second consecutive quarter. For fiscal 2025, Darden is

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Categories Editor's Pick

Why companies are canceling summer Fridays

Author June 17, 2024

The share of workers who say they get summer Fridays has dropped dramatically in recent years. Just 11% of North American workers say

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Categories Editor's Pick

Stellantis aims to correct ‘arrogant’ mistakes in U.S. market, CEO says

Author June 17, 2024

Stellantis is correcting what CEO Carlos Tavares described Thursday as “arrogant” mistakes by himself and the company in the automaker’s U.S. operations that

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Categories Editor's Pick

Why competition in the housing market is cooling off

Author June 17, 2024

More homeowners are listing their homes for sale, but properties are taking longer to sell as potential buyers face high prices and interest rates. New listings

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Categories Editor's Pick

Stock splits are back in fashion. Here’s why, and which companies could be next.

Author June 17, 2024

Stock splits, long out of favor, are making a comeback. It started with Walmart, which announced a 3-for-1 stock split on Jan. 30, with

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