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Tuesday, Mar 5, 2019 at 11:50 AM EST

Kylie Jenner Is Now the Youngest Billionaire in the World

Kylie Jenner Is Now the Youngest Billionaire in the World

Kylie Jenner has officially become the world’s youngest, self-made billionaire at 21 years old, according to Forbes’ annual “World’s Billionaires” issue. She joins Spotify founders Daniel Ek and Martin...

Monday, Mar 4, 2019 at 12:14 PM EST

Major Subaru Recall Over Brake Light Prob Related to Shampoo

Major Subaru Recall Over Brake Light Prob Related to Shampoo

Subaru is recalling 1.3 million vehicles in the U.S. because chemicals used in everyday products -- including perfume -- could prevent the brake lights from illuminating properly.

Monday, Mar 4, 2019 at 10:50 AM EST

Gap, Victoria's Secret and Even Tesla: 4,300 Store Closures Already Announced This Year

Gap, Victoria's Secret and Even Tesla: 4,300 Store Closures Already Announced This Year

A recent wave of store closure announcements will hit shopping malls across the U.S., leaving hundreds of storefronts empty. Last week, Victoria's Secret said it will shut around 50 locations in 2019 — when it...

Friday, Mar 1, 2019 at 11:56 AM EST

Lyft Releases Its Filing to Go Public, Revealing Financials

Lyft Releases Its Filing to Go Public, Revealing Financials

Lyft released its long-awaited IPO prospectus Friday, revealing company financials for the first time. The ride-hailing company has been racing competitor Uber to the public markets. It's likely to be among the...

Friday, Mar 1, 2019 at 10:18 AM EST

Walmart to Make 'Every Effort' to Keep Greeters With Disabilities

Walmart to Make 'Every Effort' to Keep Greeters With Disabilities

After more than a week of backlash, Walmart is pledging to make "every effort" to find other roles for disabled workers who'd accused the retailer of targeting them as it prepares to eliminate the "people...

Friday, Mar 1, 2019 at 06:44 AM EST

Gap to Split Into 2, Close 230 Stores

Gap to Split Into 2, Close 230 Stores

Gap Inc. is splitting into two. The retailer said Thursday that it's creating two independent publicly traded companies — low-priced Old Navy and a yet-to-be named company, which will consist of the iconic...

Thursday, Feb 28, 2019 at 08:02 PM EST

Tesla to Close Stores, Take Orders for a $35,000 Model 3

Tesla to Close Stores, Take Orders for a $35,000 Model 3

Tesla will only sell its electric cars online as it accelerates its cost cutting so it can realize its long-running goal of selling a mass-market sedan for $35,000. The change announced Thursday will allow the...

Thursday, Feb 28, 2019 at 05:15 PM EST

Target Goes Preppy, Again, in Teaming Up With Vineyard Vines

Target Goes Preppy, Again, in Teaming Up With Vineyard Vines

Target hopes to lure younger shoppers by teaming up with preppy lifestyle brands. In the past, it's sold exclusive merchandise from clothing company Lilly Pulitzer, shoe retailer Toms and rain boot brand...

Thursday, Feb 28, 2019 at 04:55 PM EST

JC Penney Closes More Stores After a Weak Holiday Season

JC Penney Closes More Stores After a Weak Holiday Season

J.C. Penney is closing more stores following weak holiday sales season for the retailer. Net income tumbled nearly 70 percent, and a key measure for health dropped 4 percent in the fourth-quarter, the most...

Thursday, Feb 28, 2019 at 03:57 PM EST

L Brands to Close 53 Victoria’s Secret Stores

L Brands to Close 53 Victoria’s Secret Stores

“Everything is on the table” for L Brands’ struggling Victoria’s Secret brand, company executives said Thursday morning, as the company plans to close roughly 53 of its stores in 2019. The company has pulled...

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