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Browsing: Business

Business

Francesca's files for bankruptcy, launches closing sales at all locations

Women’s specialty retailer Francesca’s filed for Chapter 11 bankruptcy protection and launched going-out-of-business sales across all of its stores.Th...

Business

Spirit Airlines to sell 20 jets, recalls furloughed flight attendants

Spirit Airlines reached a deal to sell 20 of its Airbus jetliners and is recalling some of the flight attendants who were furloughed late last year am...

Business

Stellantis issues 'do not drive' warning for 225,000 vehicles over dangerous air bag issue

Stellantis is urging owners of roughly 225,000 older vehicles in the U.S. to stop driving them immediately if they have not repaired defective Takata...

Business

US debt set to crush World War II record as annual deficits explode to $3T within decade

The U.S. national debt is on pace to break a record set in the wake of World War II in four years, while annual budget deficits are projected to ballo...

Business

Inside Chevron’s flagship refinery tapping into Venezuelan crude after Maduro's capture

Chevron’s flagship Gulf Coast refinery is processing its first Venezuelan oil shipment since the U.S. capture of Nicolás Maduro in Caracas last month,...

Business

The typical American worker has just $955 saved for retirement, study shows

A new study finds that the median American worker has just $955 saved for retirement through a defined contribution plan like a 401(k) account, with m...

Business

Mortgage rates edge lower, hover near 6%

Mortgage rates inched lower this week, mortgage buyer Freddie Mac said Thursday.Freddie Mac's latest Primary Mortgage Market Survey, released Thursday...

Business

McDonald’s finds winning recipe in value meal deals as diners return

Budget-conscious Americans are returning to McDonald’s as the fast-food giant doubles down on value meals, discounted bundles and limited-time promoti...

Business

Bill Ackman makes $2B gamble on Mark Zuckerberg's AI pivot with massive Meta stock purchase

Billionaire investor and hedge fund manager Bill Ackman is making a big gamble on the future of Mark Zuckerberg and his Meta platforms.Ackman has alle...

Business

NLRB dismisses SpaceX case over fired engineers, signals no future enforcement action: report

The National Labor Relations Board (NLRB) is reportedly giving up on a multi-year legal fight with Elon Musk's SpaceX and signaled it will refrain fro...

Business

Latino Wall Street founder hosts star-studded gala at Mar-a-Lago, awards Argentina's Milei top honor

Latino Wall Street is the life mission of Gabriela Berrospi, who founded the financial literacy organization with the goal of eradicating poverty and...

Business

Gun accessory maker to pay $1.75M to Buffalo mass shooting victims’ families

A Georgia-based gun accessory company will pay $1.75 million in restitution to victims’ families, injured individuals and traumatized survivors of the...