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Browsing: Business

Business

Ikea to close locations in 2 states

Ikea shoppers in Charlotte and Austin will soon have fewer options for home design consultations and pickup services.The Sweden-founded retail giant i...

Business

IRS raises business mileage deduction rate amid fuel price surge

The IRS this week announced changes in the amount that taxpayers may deduct in gas used per mile while operating a vehicle for business for the remain...

Business

General Mills pulls more than 735,000 Pillsbury rolls from shelves over possible glass contamination

General Mills is pulling more than 735,000 Pillsbury bread rolls from shelves due to concerns the products may contain glass.The recall affects certai...

Business

7-Eleven details plans to close 645 stores

The parent company of 7-Eleven convenience stores shed more light on its plan to close hundreds of stores in the U.S. this year.Parent company Seven &...

Business

Mortgage rates jump to highest level in almost a year

Mortgage rates rose this week to the highest level in nearly a year, mortgage buyer Freddie Mac said Thursday.Freddie Mac's latest Primary Mortgage Ma...

Business

American mall retailer warns it may close up to 15 more stores this year

Fossil Group plans to close up to 15 stores this year as the watch and accessories company continues trimming its global retail footprint under a broa...

Business

Dimon urges calm over fear about AI's impact on jobs: 'Stop being breathless over it'

JPMorgan Chase CEO Jamie Dimon on Wednesday said there is still a lot of uncertainty over how AI will impact the workforce and people shouldn't be "br...

Business

Major US bank bets big on America's shipbuilding comeback with $24M investment

With the American merchant fleet down to fewer than 190 flagged vessels from a high of nearly 3,000 in the 1960s, a critical national security gap has...

Business

BMW recalls nearly 30K vehicles over engine starter defect that could cause fire

BMW is recalling nearly 30,000 vehicles over an engine starter issue that could pose a fire risk, according to federal regulators.The recall affects 2...

Business

Dave & Buster’s moves further into nightlife with nationwide rave series

Dave & Buster’s is taking its arcade experience deeper into nightlife with a new nationwide rave series.The restaurant and entertainment chain is...

Business

Trump says US rebuilding military as Iran's IRGC loses 90% of weapons capability

In his first public appearance outside the White House since the NATO summit amid threats to his life by Iran, President Donald Trump said Wednesday h...

Business

LARRY KUDLOW: Has Goldilocks returned?

Once again Wall Street was surprised by a deflationary wholesale price report where the level of the so-called producer price index actually dropped b...