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Buybuy Baby is officially closing its doors to offer online shopping only
All remaining locations will officially close by the end of the year.
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How Liberty Media became one of the world's most valuable sports empires
As global lockdowns began in 2020, sports fans surged online and Liberty Media had a chance to realize Chairman John Malone’s vision.
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True Value files for bankruptcy
Hardware store True Value says it has filed for bankruptcy and intends to sell to a rival.
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Walgreens says it will close 1,200 stores by 2027, as earnings top estimates
The drugstore chain Walgreens said it plans to close roughly 1,200 stores over the next three years, which includes 500 closures in fiscal 2025 alone.
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Hardware chain True Value files bankruptcy, announces sale to rival
True Value, a 76-year-old hardware store headquartered in Chicago, revealed Monday it filed for bankruptcy and sell its operations.
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CVS is under pressure and considering a breakup. Here's why that could be risky
A breakup would be a stunning reversal for CVS, which has spent tens of billions of dollars on acquisitions to turn itself into a one-stop health destination.
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People are panic buying amid the port strike. There's no need, experts say
Experts call it completely unnecessary, yet some are apparently unable to resist the urge to panic-buy right now.
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Read Bank of America's statement about account access issues
Bank of America released a statement Wednesday afternoon following reports from some customers of difficulty accessing their accounts or account balances. “Some clients are experiencing an issue accessing their accounts and balance information today. These issues are being addressed and have largely been resolved. We apologize for any inconvenience,” the company said in a statement. Some customers were getting messages...
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Bank of America customers reporting issues viewing account balances
Some Bank of America customers were reporting issues accessing their online accounts and seeing their balances on Wednesday afternoon. Thousands of reports have come into the website Downdetector.com starting around 12:30 p.m. ET. Some customers were getting messages that said “accounts temporarily unavailable” and “some accounts and/or balances are temporarily unavailable.” On the banking app’s home screen, some balances...
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Port strike update: Biden says he won't invoke 1947 law to try to suspend action
From Maine to Texas, dockworkers at 36 ports across the eastern U.S. are now on strike for the first time in decades. Supply chain experts say consumers won’t see an immediate impact from the strike because most retailers stocked up on goods, moving ahead shipments of holiday gift items. But if it goes more than a few weeks, a work stoppage...
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East Coast ports close as workers go on strike
No deal was in place for dock workers nearly a day into the strike, after tens of thousands walked out at midnight Tuesday. And the longer those workers are on the picket line, the greater the impact on your wallet. NBC New York’s Adam Harding reports.
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How dockworkers' historic port strike could affect NY area
From Maine to Texas, dockworkers at 36 ports across the eastern U.S. are now on strike for the first time in decades. Supply chain experts say consumers won’t see an immediate impact from the strike because most retailers stocked up on goods, moving ahead shipments of holiday gift items. But if it goes more than a few weeks, a work stoppage...
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Dockworkers hit picket lines in historic port strike
Romney Smith reports on the historic port strike.
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U.S. East Coast port strike could start tomorrow
Romny Smith reports on the looming dockworker strike.
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A strike could shut down East and Gulf ports starting tomorrow. Why that matters to you
U.S. ports from Maine to Texas could shut down Tuesday if a union representing about 45,000 dockworkers carries through with a threatened strike. A lengthy shutdown could raise prices on goods around the country and potentially cause shortages and price increases at big and small retailers alike as the holiday shopping season — along with a tight presidential election — approaches….
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What a potential strike at East Coast and Gulf Coast ports could mean for prices
Shippers are scrambling to find workarounds ahead of looming strike at all East Coast and Gulf Coast ports. A major contract for dockworkers and longshoremen is set to expire on Monday, and if a strike happens, it could jam supply chains and reignite inflation, driving costs for goods up. NBC New York’s Adam Harding reports.
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What time is the Federal Reserve meeting?: Here's what to know about a possible interest rate cut
When the Federal Reserve closes its latest policy meeting Wednesday afternoon, the widespread expectation is that it will announce the first cut to its main interest rate in more than four years. It would be a momentous event, closing the door on a run where the Fed jacked its federal funds rate to a two-decade high in hopes of slowing…
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Meet the woman who created the hair product Chappell Roan uses for her curls
Julissa Prado is the co-founder of Rizos Curls, a hair care line that began out of her frustration with the lack of clean products for curly, te hair.
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Big Lots files for Chapter 11 bankruptcy
Big Lots filed for Chapter 11 bankruptcy protection on Monday, and plans to sell to a private equity firm.
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Verizon is buying Frontier in $20B deal to strengthen its fiber network
Verizon is buying Frontier Communications in a $20 billion deal that helps to strengthen its fiber network. Verizon Communications Inc. said Thursday that the transaction will also help it in the areas of artificial intelligence and IoT. Frontier has concentrated heavily on its fiber network capabilities over about the last four years, investing $4.1 billion upgrading and expanding its fiber...