Starbucks workers’ strike expands to additional cities
Dec. 24 (UPI) -- The union representing Starbucks workers said its five-day strike will conclude on Tuesday with the strike spreading to more than 300…
US-Japan steel deal goes to Biden for final decision after panel deadlocks | Business and Economy
Committee on Foreign Investment in the US fails to agree on national security risks of proposed takeover of US Steel.A decision on whether to allow…
Greek shipping companies plead guilty to polluting ocean near U.S. ports
Dec. 23 (UPI) -- Two Greek shipping companies are having to pay millions of dollars in fines after pleading guilty to concealing the illegal transport…
Container Store declares bankruptcy but looks toward future with restructuring
Dec. 23 (UPI) -- During what has been a rough year for some big-name American retailers, the CEO of The Container Store said on Monday…
Nordstrom goes private with help of Mexican company for $6.25 billion
Clothing retail giant Nordstrom announced on Monday that it is going private in a $6.25 billion deal involving the founding family members of the company…
CFPB sues Walmart, Branch Messenger for forcing drivers to use costly deposit accounts
"Walmart made false promises, illegally opened accounts, and took advantage of more than a million delivery drivers," CFPB Director Rohit Chopra (seen in Oct. 2023…
U.S. opens probe of China’s ‘anticompetitive’ drive to monopolize global computer chip market
U.S. President Joe Biden's administration announced a probe Monday into China's use of "extensive anticompetitive and non-market means" as part of what Washington says is…
Why Disney’s Bob Iger is trying to avoid the culture wars
Bob Iger wants out of the culture wars.Walt Disney Co. and its chief executive have made a sharp pivot since doubling down on diversity and…
From Trump to Bitcoin, inflation and China: the big economic trends of 2024 | Business and Economy
The year 2024 saw the global economy stabilise following the fallout of the COVID-19 pandemic, even as growth in many countries lagged pre-2020 levels. Amid…
As South Korea draws visitors chasing beauty, dodgy practices pose risks | Business and Economy News
Seoul, South Korea – When Alex looked into the price difference between rhinoplasty, commonly known as a “nose job”, in the United States and South…
The humble South African shoe that Hollywood A-listers, British royals love | Business and Economy
In August 2016, Nick Dreyer packed up his failing art dealership in Johannesburg and decided to head back to his native Cape Town. To pass…
November PCE: Key fed inflation gauge rose 2.4% annually
1 of 4 | The Personal Consumption Expenditures index climbed by 0.1% in November on a month-over-month basis and 2.4% from the same period last…
NextGen Digital Provides Business Progress Updates and Announces Strategic Expansion
This section is Partnership Content suppliedThe content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its…
Party City CEO announces chain is halting operations, all employees laid off
1 of 2 | Pedestrians walk by a Party City retail store in New York City on Friday. The CEO of the New Jersey-based chain…
EU-Swiss single market trade deal faces challenging referendum
The EU and Switzerland reached a bilateral agreement on Friday worth an estimated €550 billion in trade. But ratification of the deal is far from…
An Indian state used citizens’ data on political beliefs to deny benefits | Business and Economy
Vijayawada, India – As soon as Meda Ramana was elected the head of Garapadu village council in the southern Indian state of Andhra Pradesh, several residents…
Retailer Big Lots makes ‘difficult decision’ to go out of business completely
Dec. 19 (UPI) -- Discount retail chain Big Lots, which had been attempting to keep some of its stores open while closing others, announced on…
US Fed cuts interest rates but cautions for year ahead | Business and Economy News
Slower progress on inflation translates into a slower pace of rate cuts, especially as economic growth is brisk.The United States Federal Reserve has cut interest…
New FTC rule bans junk fees for tickets, hotels
1 of 6 | In a statement, U.S. President Joe Biden (pictured on Sunday) said Tuesday’s FTC vote builds on the work across his administration…
Mango clothing chain founder Isak Andic dies in mountain accident | Business and Economy News
The 71-year-old businessman slipped and fell from a cliff while hiking with relatives near Barcelona, Spain.Isak Andic, the founder and owner of Mango, Spanish clothing…