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    American Eagle shares plunge 17% after it withdraws guidance, writes off $75 million in inventory

    by admin May 15, 2025
    by admin May 15, 2025

    American Eagle on Tuesday said it is writing off $75 million in spring and summer merchandise…

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  • Business

    Fintech company Chime files for Nasdaq IPO

    by admin May 14, 2025
    by admin May 14, 2025

    Financial technology company Chime on Tuesday filed paperwork to go public on the Nasdaq. The…

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  • Business

    Microsoft to cut 3% of its workforce

    by admin May 14, 2025
    by admin May 14, 2025

    Microsoft on Tuesday said that it’s laying off 3% of employees across all levels, teams and…

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  • Business

    UnitedHealth CEO suddenly steps down for ‘personal reasons’

    by admin May 14, 2025
    by admin May 14, 2025

    UnitedHealth Group announced a new chief executive Tuesday, a sudden and surprising change following the fatal shooting in…

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  • Business

    Father and son fraudsters sentenced in case of $100 million New Jersey deli

    by admin May 14, 2025
    by admin May 14, 2025

    CAMDEN, N.J. — The father and son duo behind a stock fraud scheme involving the…

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  • Business

    McDonald’s announces plan to hire 375,000 employees this summer

    by admin May 14, 2025
    by admin May 14, 2025

    McDonald’s announced a plan to hire 375,000 employees across the U.S. this summer. The plan,…

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  • Business

    Walgreens doubles down on prescription-filling robots to cut costs, free up pharmacists amid turnaround

    by admin May 13, 2025
    by admin May 13, 2025

    As struggling drugstore chains work to regain their footing, Walgreens is doubling down on automation.  The company is expanding the…

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  • Business

    Fox streaming service to be called Fox One, launch before NFL season

    by admin May 13, 2025
    by admin May 13, 2025

    Fox Corp. will launch its direct-to-consumer streaming service, to be called Fox One, ahead of the…

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  • Business

    Fortnite applies to launch on Apple’s App Store after Epic Games court win

    by admin May 11, 2025
    by admin May 11, 2025

    Epic Games said on Friday that it submitted Fortnite to Apple’s App Store, the month after a…

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  • Business

    Cargo thieves are attacking the U.S. supply chain at alarming rates

    by admin May 10, 2025
    by admin May 10, 2025

    America’s supply chain is under attack. From coast to coast, organized criminal groups are hitting…

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