Business
‘Moana 2’-led Thanksgiving box office could be best in post-pandemic era
The domestic box office is poised for its biggest Thanksgiving haul since the pandemic thanks to a Polynesian princess, a...
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Drone company’s stock soars after appointing Donald Trump Jr. to advisory board
Shares in a little-known drone company soared Wednesday after announcing that Donald Trump Jr. had joined its advisory board. Unusual...
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Macy’s says employee hid up to $154 million in expenses since 2021
Macy’s on Monday said an employee responsible for managing accounting for small package deliveries concealed up to $154 million in...
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Gov. Gavin Newsom says he will provide residents rebates if Trump removes EV tax credit
California Gov. Gavin Newsom said the state will provide rebates to residents if President-elect Donald Trump’s incoming administration does away...
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Kohl’s CEO Tom Kingsbury to step down and be replaced by Michaels CEO Ashley Buchanan
Kohl’s is getting a new CEO, its third since 2018. The off-mall department store’s current CEO Tom Kingsbury is stepping down...
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U.S. charges former Wamco executive Kenneth Leech with fraud
Kenneth Leech, the former co-chief investment officer of Western Asset Management Co, was charged by U.S. authorities on Monday with...
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Walmart pulls back on DEI efforts, removes some LGBTQ merchandise from website
Walmart on Monday confirmed that it’s ending some of its diversity initiatives, removing some LGBTQ-related merchandise from its website and winding...
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Spanish retailer Mango to open 60 new U.S. stores as it looks to elevate the brand
Spanish retailer Mango is embarking on a bold expansion plan in the U.S. as it looks to shed its fast-fashion...
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Abercrombie expects a strong holiday quarter as growth run continues
Abercrombie & Fitch isn’t giving up its crown anytime soon. The apparel company issued strong holiday guidance on Tuesday after posting...
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SEC issues summons for Gautam Adani, nephew on bribery allegations
The U.S. Securities and Exchange Commission has issued a summons to Indian billionaire Gautam Adani, indicted on U.S. bribery allegations related to a...
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