Store closures in the U.S. last year hit the highest level since the pandemic — and even more locations are expected to shutter this year, as shoppers’ dollars increasingly go to a few industry winners, according to an analysis by Coresight Research. Major retailers, including Party City and Macy’s, closed 7,325 stores in…
UnitedHealthcare on Thursday tapped company veteran Tim Noel as its new CEO following the targeted killing of its former top executive,…
A war of words between Elon Musk and Sam Altman escalated on social media Thursday, as two of the most…
Target on Friday said it’s rolling back diversity, equity and inclusion programs — including some that aim to make its…
American Express’ affluent cardholders got comfortable spending more freely again late last year, Chief Financial Officer Christophe Le Caillec told CNBC. Spending…
The California mom who pleaded guilty to running an organized retail crime ring that stole millions of dollars in…
OpenAI is taking its ChatGPT chatbot to the next level, adding a feature to automate tasks like planning vacations,…
Bank of America CEO Brian Moynihan said Tuesday that the U.S. banking industry will embrace cryptocurrencies for payments if regulators allow it.…
President Donald Trump isn’t expected to carry through on his threat to impose sweeping tariffs on the first day…