At least 99 locations of Red Lobster are being auctioned off amid questions about the stalwart seafood chain’s long-term future. In a…
Category:
Business
-
-
Adam Selipsky, CEO of Amazon’s cloud computing business, will step down from his role next month, the company announced Tuesday. Matt Garman, senior vice president…
-
Get ready for the next cable-like streaming bundle: Comcast later this month will launch a three-way bundle — with Peacock, Netflix and Apple TV+ — offered at…
-
Business
Fed Chair Jerome Powell says inflation has been higher than thought and expects rates to hold steady
by adminFederal Reserve Chair Jerome Powell reiterated Tuesday that inflation is falling more slowly than expected and will keep the central bank on…
-
Business
Silver lining for consumers: Food price growth has gone flat and other prices are falling
by adminPrice growth in many key consumer categories has slowed considerably or ceased altogether — but that has done little to dent consumer…
-
Business
Federal student loans this fall will have the highest interest rate in more than a decade
by adminThe interest rate on many new federal student loans is set to rise to its highest level in more than a decade…
-
Business
Target says Pride collection will appear in ‘select’ stores, cuts LGBTQ apparel for kids
by adminTarget will limit which stores sell LGBTQ-themed products following last year’s firestorm over its decision to sell products designed for transgender people.…
-
Fewer homeowners have been taking on remodeling projects, reports show. But don’t mistake it for a slow market. The Leading Indicator of…
-
U.S. safety regulators have opened a probe into Amazon-owned robotaxi venture Zoox after two of its autonomous SUVs braked suddenly and were rear-ended…
-
Workers at a Mercedes-Benz plant in Alabama began voting Monday on whether to join the United Auto Workers union, a significant test of…