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Browsing: Business

Business

Inside look at MP Materials amid the rare earth race

The Trump administration's push to secure U.S. supply chains of rare earth minerals amid trade tensions with China features a public-private partnersh...

Business

Target launches ‘10-4’ training, encouraging workers to smile at customers

Target launched a new internal training program aimed at helping new hires enhance the in-store customer experience.The internal team member training...

Business

White House disputes reports that Italian pasta could vanish from store shelves nationwide

The White House is pushing back on reports that imported Italian pastas could disappear from U.S. store shelves. The Commerce Department released a pr...

Business

Saks Off 5th closing stores across multiple states

Saks Off 5th, the discount sister brand of luxury department store Saks Fifth Avenue, is planning to close nine stores across the U.S. beginning early...

Business

Verizon to cut up to 15K jobs as it seeks to cut costs under new CEO

Verizon Communications is planning to cut up to 15,000 jobs this month as new Chief Executive Dan Schulman launches an aggressive cost-cutting drive t...

Business

New York AG Letitia James threatens to take Condé Nast to court over ‘Fired Four’

New York Attorney General Letitia James threatened to take Condé Nast to court over the "Fired Four" on Wednesday night during a union rally outside t...

Business

Pfizer CEO vows company will be a ‘formidable competitor’ in booming weight-loss market after $10B buy

Pfizer Inc. is doubling down on the booming weight-loss drug race, with CEO Albert Bourla declaring the company will be a "formidable competitor" afte...

Business

Shutdown delays October inflation report – what does the Fed's data say?

The longest government shutdown in history has impacted the release of several key economic reports, including October inflation numbers that were due...

Business

Traders bet on Zohran Mamdani deportation odds on Kalshi and Polymarket

Traders on prediction market platforms Kalshi and Polymarket are betting on the odds of New York City Mayor-elect Zohran Mamdani's deportation by the...

Business

Treasury's Bessent says 'substantial' relief on coffee, bananas prices coming soon

Treasury Secretary Scott Bessent said Wednesday that the Trump administration will soon announce actions that will reduce prices on some grocery items...

Business

Stanley Cup champion becomes one of the NHL's biggest business partners with luxury watch business

Mark Streit's lifelong goal was to always play in the National Hockey League, and that mission was accomplished long ago.Upon retirement, though, the...

Business

1K unionized Starbucks baristas launch labor strike at 65 stores

More than 1,000 unionized Starbucks baristas went on strike at 65 stores in major U.S. cities Thursday, protesting stalled labor negotiations with the...