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Categories Economy

Forever 21 seeks rent concessions as fast-fashion brand faces financial woes

Author June 24, 2024

Forever 21 is asking landlords for a break on rent as the legacy fast-fashion player’s sales decline and it struggles to keep

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Categories Economy

Tesla has downsized by at least 14% this year after Elon Musk said layoffs would exceed 10%

Author June 24, 2024

Tesla’s hefty downsizing in 2023 has reduced its global headcount to just over 121,000 people, including temps, internal records suggest, indicating that the

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Categories Economy

X boss Elon Musk tempers comments about advertisers as he looks to woo them back

Author June 24, 2024

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Categories Economy

Polls say older voters want Social Security protections. Yet parties are tied for their support.

Author June 24, 2024

Voters, ages 50 and up, will have a strong influence on the November election. And politicians who want to win their vote would be

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Categories Economy

LongHorn up, Olive Garden down: Darden earnings hint at dinings sales drag

Author June 24, 2024

Darden Restaurants on Thursday reported mixed quarterly results as Olive Garden’s same-store sales fell for the second consecutive quarter. For fiscal 2025, Darden is

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Categories Economy

Why companies are canceling summer Fridays

Author June 17, 2024

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Categories Economy

Going camping off the grid is getting harder. But admit it: You don’t mind.

Author June 17, 2024

What makes a happy camper this summer? S’mores, sing-alongs and — lately — streaming. The pandemic nudged millions of people toward outdoorsy trips

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Categories Economy

Stellantis aims to correct ‘arrogant’ mistakes in U.S. market, CEO says

Author June 17, 2024

Stellantis is correcting what CEO Carlos Tavares described Thursday as “arrogant” mistakes by himself and the company in the automaker’s U.S. operations that

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Categories Economy

Stock splits are back in fashion. Here’s why, and which companies could be next.

Author June 17, 2024

Stock splits, long out of favor, are making a comeback. It started with Walmart, which announced a 3-for-1 stock split on Jan. 30, with

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Categories Economy

Summer Fridays are on the decline — companies may be replacing them with work-from-home days

Author June 17, 2024

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