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The parent company behind well-known shopping channels QVC and HSN has filed for Chapter 11 bankruptcy. QVC Group, which filed in the U.S. Bankruptcy Court for the Southern District…
Meta is preparing to cut thousands of jobs as early as next month, with deeper layoffs expected later this year, according to a report. The tech giant intends to slash…
Spirit Airlines is facing renewed financial pressure as rising fuel costs threaten to complicate its efforts to exit bankruptcy, adding uncertainty to its restructuring plan, according to reports. The low-cost…
Mortgage rates fell this week, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage…
PepsiCo said Thursday its push to make snacks more affordable is bringing customers back, offering an early sign that consumers are starting to return after pulling back in recent years.…
The head of the International Energy Agency says Europe has “maybe 6 weeks or so jet fuel left” amid shortages due to Iran’s blockade of the Strait of Hormuz, the…
A growing push for higher taxes on wealthy homeowners in New York is intensifying the debate over how far states should go to raise revenue, as policymakers weigh the broader…
American retirees who are receiving Social Security will see an annual cost of living adjustment (COLA) next year, and a new report projects that next year’s benefit increase may be…
Allbirds on Wednesday announced that the company will pivot from making sneakers to providing computing infrastructure for artificial intelligence (AI). The San Francisco-based company said it will execute a $50…
Food and drink giant PepsiCo is seeing significant gains after lowering prices on its signature snacks and beverages earlier this year to lure back cost-conscious consumers. In February, the company…
President Trump’s remarkable half-hour news gaggle covered so much ground and so knowledgeably. I doubt if there’s another president like it in my lifetime that could have done that. Mr.…
A batch of Xanax XR is being recalled nationwide after the manufacturer found it may not release the medication in the body as intended. Viatris, Inc. initiated the voluntary recall…
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