Beleaguered seafood chain Red Lobster is seeking a buyer as it looks to avoid filing for bankruptcy, CNBC has learned. The company…
Business
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Millions more Americans could become eligible for overtime pay. The Biden-Harris administration announced a final rule Tuesday that raises the minimum salary…
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BusinessEditor's Pick
UAW’s Tennessee win fuels backers’ hopes in the South, but some skeptics are unmoved
The United Auto Workers just notched a historic victory in Tennessee, the union’s first major win since signing new contracts…
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BusinessEditor's Pick
Congress approved a TikTok ban. Why it could still be years before it takes effect.
TikTok’s fate in the U.S. has never been more in doubt after Congress approved a bill that gives its parent…
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BusinessEditor's Pick
New deep-water channel allows first ship to pass Key Bridge wreckage in Baltimore
BALTIMORE — The first cargo ship passed through a newly opened deep-water channel in Baltimore on Thursday after being stuck…
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BusinessEditor's Pick
Trump Media jumps more than 9% after CEO asks House GOP to probe possible DJT stock ‘manipulation’
Shares of Trump Media shot up more than 9% on Wednesday, hours after the company revealed it was urging House Republican committee leaders to…
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With the economy humming along and the stock market, despite some recent twists and turns, hanging in there pretty well,…
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BusinessEditor's Pick
Walmart-backed fintech One introduces buy now, pay later as it prepares bigger push into lending
Walmart’s majority-owned fintech startup One has begun offering buy now, pay later loans for big-ticket items at some of the retailer’s more than…
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With the economy humming along and the stock market, despite some recent twists and turns, hanging in there pretty well,…
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BusinessEditor's Pick
Biden administration bans noncompete agreements, setting up legal showdown with business groups
The Biden administration has issued a nationwide ban on the ability of employers to make their workers sign noncompete agreements,…