More than half a million portable electronic device chargers sold exclusively at Costco are being recalled after reports they can overheat and catch fire. The devices, called myCharge POWER HUB All-In-One, allegedly caused at least…
Category:
Business
-
-
Rite Aid is closing 27 more locations as it continues to work through a bankruptcy proceeding, according to a new court filing. The store locations are in Ohio and Michigan. More than 520 have been…
-
Forever 21 is asking landlords for a break on rent as the legacy fast-fashion player’s sales decline and it struggles to keep up with savvier competitors, CNBC has learned. The retailer, which has more than…
-
Business
Paris seeing signs of strong travel demand ahead of Summer Olympics — but plenty of deals remain
The 2024 Summer Olympics in Paris are set to see plenty of attendees — but travel data shows there are still opportunities for last-minute deal-hunters to capitalize on current market dynamics. Roughly a month out from…
-
Darden Restaurants on Thursday reported mixed quarterly results as Olive Garden’s same-store sales fell for the second consecutive quarter. For fiscal 2025, Darden is forecasting that its same-store sales will grow just 1% to 2%. Shares…
-
Business
Tesla has downsized by at least 14% this year after Elon Musk said layoffs would exceed 10%
Tesla’s hefty downsizing in 2023 has reduced its global headcount to just over 121,000 people, including temps, internal records suggest, indicating that the automaker has slashed more than 14% of its workforce so far this year.…
-
Elon Musk on Wednesday tried to walk back remarks lashing out at advertisers fleeing his X social media platform. At the Cannes Lions advertising festival in Cannes, France, Musk was asked by WPP CEO Mark…
-
Business
Polls say older voters want Social Security protections. Yet parties are tied for their support.
Voters, ages 50 and up, will have a strong influence on the November election. And politicians who want to win their vote would be wise to emphasize personal economic issues that affect them, particularly Social Security, according…
-
Business
Summer Fridays are on the decline — companies may be replacing them with work-from-home days
The share of workers who say they get Summer Fridays has dropped dramatically in recent years. Just 11% of North American workers say they have access to Summer Fridays, according to a November 2023 survey…
-
What makes a happy camper this summer? S’mores, sing-alongs and — lately — streaming. The pandemic nudged millions of people toward outdoorsy trips and experiences, and many are now hooked. But they’re increasingly demanding a…