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    USPS resumes shipments from China in abrupt about-face

    by February 5, 2025
    by February 5, 2025

    The U.S. Postal Service has agreed to resume accepting shipments from China, less than 12 hours after announcing it would stop doing so.…

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  • Business

    GM cuts 50% of Cruise staff after ending robotaxi business

    by February 5, 2025
    by February 5, 2025

    General Motors is laying off roughly half of the employees who remain at its discontinued Cruise robotaxi business. The plans come two months after GM…

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  • Business

    Fox reveals plans to launch subscription streaming service this year

    by February 5, 2025
    by February 5, 2025

    Fox Corp. is finally getting into the direct-to-consumer streaming game. The company known for its news and sports TV content said Tuesday it’s…

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  • Business

    Trump moves to develop sovereign wealth fund to ‘create value for American citizens’

    by February 4, 2025
    by February 4, 2025

    President Donald Trump said Monday he would create a sovereign wealth fund, a pool of assets like those that exist in other countries…

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  • Business

    Millennials reimagine retirement: ‘The end game might not be … sitting on my Adirondack chair’

    by February 4, 2025
    by February 4, 2025

    By many measures, millennials are doing considerably well financially. Still, fewer younger adults are thinking about retiring in the traditional sense one day. “Retirement is becoming more…

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  • Business

    Ontario to remove U.S. alcohol from shelves after Trump’s tariffs announcement

    by February 3, 2025
    by February 3, 2025

    Ontario will pull all American alcohol from its government-run liquor shelves beginning Tuesday in response to U.S. President Donald Trump’s 25% tariffs on Canadian imports.…

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  • Business

    Costco and Teamsters reach tentative contract agreement, avoid strike

    by February 2, 2025
    by February 2, 2025

    Costco and the Teamsters union have reached a tentative agreement on a new contract, avoiding a strike, the union said Saturday. Teamsters spokesman…

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  • Business

    WNBA files trademark application to bring back ‘Detroit Shock’ as city submits expansion bid

    by February 2, 2025
    by February 2, 2025

    As cities across the country vie for the next Women’s National Basketball Association team, the league quietly filed a trademark application this week…

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  • Business

    UPS shares tank 15% after weak guidance, plan to slash Amazon deliveries by more than half

    by January 31, 2025
    by January 31, 2025

    Shares of United Parcel Service plunged more than 15% Thursday after the company issued weak revenue guidance for the year and said it planned to…

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  • Business

    Sports bar chain Twin Peaks is going public. These restaurant companies are the next to watch.

    by January 31, 2025
    by January 31, 2025

    Sports bar chain Twin Peaks starts trading Thursday on the Nasdaq using the ticker “TWNP,” making it the first restaurant initial public offering…

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