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    Joann to shutter all 800 fabric stores after failing to find a buyer to save its locations

    by February 25, 2025
    by February 25, 2025

    Fabrics outlet Joann will shutter all of its approximately 800 locations after failing to find a buyer who would keep its stores open.…

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  • Business

    JPMorgan Chase CEO Jamie Dimon says DOGE ‘needs to be done’ to fix government inefficiency

    by February 25, 2025
    by February 25, 2025

    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 federal employees and…

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  • Business

    Apple boosts U.S. investment plans with $500 billion pledge amid Trump tariff threat

    by February 24, 2025
    by February 24, 2025

    Apple on Monday reaffirmed a commitment to invest hundreds of billions of dollars in the U.S. over the coming years amid pressure from…

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  • Business

    Starbucks to lay off 1,100 corporate workers as sales sag

    by February 24, 2025
    by February 24, 2025

    Starbucks will lay off 1,100 corporate employees and will not fill several hundred other open positions, the coffee chain’s CEO Brian Niccol said Monday.…

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  • Business

    Robinhood app says SEC dismissed crypto investigation in sign of easier industry regulation

    by February 24, 2025
    by February 24, 2025

    The Securities and Exchange Commission is dropping its investigation into Robinhood’s crypto arm, the company revealed Monday. Robinhood said it received a letter from…

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  • Business

    IMAX CEO expects $1.2 billion in box office receipts this year, the best in the company’s history

    by February 22, 2025
    by February 22, 2025

    An “embarrassment of riches” at the box office could fuel a $1.2 billion year for IMAX, CEO Rich Gelfond told CNBC on Friday. That…

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  • Business

    SEC dropping crypto lawsuit, Coinbase says

    by February 22, 2025
    by February 22, 2025

    The largest U.S.-based cryptocurrency exchange said Friday that the Securities and Exchange Commission would drop its lawsuit against it, a signal that the…

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  • Business

    Meta approves plan for bigger executive bonuses following 5% layoffs

    by February 22, 2025
    by February 22, 2025

    Executives at Meta stand to get bigger bonuses this year.  The company said in a corporate filing Thursday that it had approved “an increase in the target…

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  • Business

    Amazon surpasses Walmart in revenue for the first time

    by February 21, 2025
    by February 21, 2025

    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 during the fourth…

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  • Business

    CEOs want workers back in offices—this company is giving workers a $10,000 raise to do it

    by February 21, 2025
    by February 21, 2025

    Cameo wants workers back in the office more often, and it’s paying them each $10,000 to show up. Starting this week, workers at…

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