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Browsing: Business

Business

New Costco approved in California, but some locals say location is 'unnecessary'

A new Costco warehouse and gas station are one step closer to coming to Downey, California, after city leaders approved a development agreement for th...

Business

Check your AC: 13,000 units recalled over fire risk

More than 13,000 air conditioning units were recalled for posing fire and burn hazards, as Americans attempt to stay cool during a heatwave for the Fo...

Business

DOJ says Alibaba failed to stop illegal pharmaceuticals and banned goods from reaching US buyers

Chinese e-commerce giant Alibaba has agreed to pay $600 million and enter into a non-prosecution agreement with the Department of Justice (DOJ) after...

Business

What are the main sticking points in the Trump admin's trade negotiations with Canada, Mexico?

The Trump administration's announcement that it doesn't plan to renew the U.S.-Mexico-Canada Agreement (USMCA) and instead intends to pursue individua...

Business

Walmart goes nuclear in first-of-its-kind power deal for retail giant

Walmart is making its first nuclear power play as the retail giant looks to support its growing footprint in Illinois.The retailer signed a long-term...

Business

LARRY KUDLOW: We Must Fight for Our Freedoms

Just about a year after signing the One Big, Beautiful Bill with its major league tax cuts, the stock market is roaring.In this year’s second quarter,...

Business

Record decline in home asking prices offers buyers an affordability boost

Home listing prices are declining at the fastest pace in at least nine years as sellers adjust to a slower market and look to attract buyers.The natio...

Business

Kroger to buy popular grocery and pharmacy retailer in $1.65B deal

Kroger announced Wednesday it will acquire regional supermarket chain Giant Eagle in a $1.65 billion deal, marking the grocery giant's first major acq...

Business

Google co-founder Sergey Brin offloads massive stake in NYC real estate for pennies on the dollar

Months before New York City approved a historic two-year rent freeze, Google co-founder Sergey Brin quietly exited a struggling real estate fund at a...

Business

Sony to end physical PlayStation game discs for new releases starting in 2028

Sony is ending production of physical discs for all new PlayStation game releases beginning in January 2028, marking a significant step in the gaming...

Business

Kroger to buy popular grocery and pharmacy retailer in $1.65B

Kroger announced Wednesday it will acquire regional supermarket chain Giant Eagle in a $1.65 billion deal, marking the grocery giant's first major acq...

Business

Dave Portnoy keeps door open to NYC mayoral bid, unloads on Mamdani's fiscal claims

Barstool Sports founder Dave Portnoy is keeping the door open to a potential run for New York City mayor as he ramps up criticism of Mayor Zohran Mamd...