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Categories Business

Macy’s turnaround hinges on revamping some stores and closing others. It appears to be working

March 7, 2025

Macy’s delivered another quarter of mixed results on Thursday as investors wait and see how quickly CEO Tony Spring can pull off a

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Categories Business

Rare Michael Jordan, Kobe Bryant rookie jerseys expected to sell for $20 million at auction

March 7, 2025

Rare pieces of memorabilia from two of the National Basketball Association’s biggest icons are hitting the auction block and are expected to

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Categories Business

Trump could scale back Canada, Mexico tariffs Wednesday, Lutnick says

March 6, 2025

President Donald Trump will “probably” announce tariff compromise deals with Canada and Mexico soon, Commerce Secretary Howard Lutnick said Tuesday. The potential agreements would likely

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Categories Business

How a $5 million fix turned Paramount Pictures’ ‘Sonic’ into a billion-dollar franchise

March 5, 2025

Sonic the Hedgehog may be able to run faster than the speed of light, but his film franchise nearly came to a

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Categories Business

Starbucks poaches Nordstrom CFO as executive shake-up continues

March 5, 2025

Starbucks announced Tuesday that Nordstrom CFO Cathy Smith will join the company as its new chief financial officer, replacing longtime veteran Rachel Ruggeri. The executive change

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Categories Business

DOGE plans to wind down consumer protection agency and fire nearly all staff, employees say

March 4, 2025

The Consumer Financial Protection Bureau’s Trump-appointed leadership plans to fire nearly all its 1,700 employees while “winding down” the agency, according to testimony

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Categories Business

Treasury Dept. will not enforce ownership information reporting for millions of businesses

March 4, 2025

The U.S. Department of the Treasury on Sunday announced it won’t enforce the penalties or fines associated with the Biden-era “beneficial ownership information,” or

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Categories Business

In wake of L.A. wildfires, a diverse small business community looks to rebuild

March 4, 2025

When the Los Angeles wildfires swept through Southern California in January, Barbara Shay lost much more than the building housing the cafe

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Categories Business

Treasury ends enforcement of business ownership database meant to stop shell company formation

March 4, 2025

The U.S. Treasury Department announced it will not enforce a Biden-era small business rule intended to curb money laundering and shell company formation. In a Sunday evening

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Categories Business

Kroger chairman and CEO resigns following investigation into personal conduct

March 4, 2025

Kroger Chairman and CEO Rodney McMullen has resigned after an internal investigation into his personal conduct. Kroger, the nation’s largest grocery chain, said

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