Fabrics outlet Joann will shutter all of its approximately 800 locations after failing to find a buyer who would keep…
Category:
Business
-
-
BusinessEditor's Pick
JPMorgan Chase CEO Jamie Dimon says DOGE ‘needs to be done’ to fix government inefficiency
JPMorgan Chase CEO Jamie Dimon on Monday said the U.S. government is inefficient and in need of work as the Trump administration terminates thousands of…
-
BusinessEditor's Pick
Apple boosts U.S. investment plans with $500 billion pledge amid Trump tariff threat
Apple on Monday reaffirmed a commitment to invest hundreds of billions of dollars in the U.S. over the coming years…
-
Starbucks will lay off 1,100 corporate employees and will not fill several hundred other open positions, the coffee chain’s CEO Brian…
-
BusinessEditor's Pick
Robinhood app says SEC dismissed crypto investigation in sign of easier industry regulation
The Securities and Exchange Commission is dropping its investigation into Robinhood’s crypto arm, the company revealed Monday. Robinhood said it received…
-
BusinessEditor's Pick
IMAX CEO expects $1.2 billion in box office receipts this year, the best in the company’s history
An “embarrassment of riches” at the box office could fuel a $1.2 billion year for IMAX, CEO Rich Gelfond told CNBC…
-
The largest U.S.-based cryptocurrency exchange said Friday that the Securities and Exchange Commission would drop its lawsuit against it, a…
-
Executives at Meta stand to get bigger bonuses this year. The company said in a corporate filing Thursday that it had approved “an increase…
-
Amazon has dethroned Walmart in quarterly revenue for the first time ever. Amazon said earlier this month that it brought in $187.8 billion in revenue…
-
BusinessEditor's Pick
CEOs want workers back in offices—this company is giving workers a $10,000 raise to do it
Cameo wants workers back in the office more often, and it’s paying them each $10,000 to show up. Starting this…