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Browsing: Business

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...

Business

Tom Brady teams with digital health firm eMed to expand GLP-1 weight loss medication access

As GLP-1 weight loss medications continue to surge in popularity, NFL legend Tom Brady is getting in on the action, using his wellness brand to "democ...

Business

California lawmakers warn Newsom budget tax credit cap threatens Hollywood jobs

California lawmakers are warning that a tax credit cap in Gov. Gavin Newsom’s final state budget could derail the state’s push to keep Hollywood jobs...

Business

Warren Buffett excludes Gates Foundation from his annual donations of Berkshire stock

Warren Buffett said that it didn't come as a surprise when he told Bill Gates about his decision to stop donating to the Gates Foundation after partne...