Disney axing 28,000 workers at California, Florida theme parks

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Squeezed by limits on attendance at its theme parks and other restrictions due to the pandemic, Walt Disney said Tuesday it planned to...

Nordstrom to ban fur, exotic skins in its stores

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Nordstrom on Tuesday became the first major US retailer to say it will stop selling products made from fur and exotic skins. The upscale...

Female banker emerges as possible successor to Goldman Sachs CEO

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Wall Street can stop wondering who might be the most powerful woman at Goldman Sachs. Goldman Chief Executive David Solomon announced Tuesday that he...

JPMorgan hit with $920M fine for ‘spoofing’ metals markets

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JPMorgan Chase agreed to pay more than $920 million to settle market manipulation investigations into its trading of metals futures and Treasury securities,...

US retail store closures break record amid COVID-19 crisis

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American retailers have closed a record number of stores for good this year as the coronavirus pandemic upended the industry, a new report...

Beyond Meat plans to triple distribution at Walmart amid growing demand

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Beyond Meat said on Tuesday its burger patties will be available at more than 2,400 Walmart stores from next week, as it triples...

Ohio demands General Motors pay $28 million for shuttering Lordstown factory

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Ohio officials ordered General Motors to repay $28 million in state tax credits after it shuttered a factory it promised to keep open...

LVMH calls Tiffany prospects ‘dismal’ in new effort to squash takeover

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Louis Vuitton owner LVMH is escalating its efforts to wiggle out of a $16 billion takeover of Tiffany & Co. with a new...

Coca-Cola launching its first alcoholic beverage next year

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There will be more than just fizz when Coca-Cola launches the alcoholic version of its Topo Chico sparkling water along with beer giant...

Papa John’s sales continue to soar amid COVID-19 pandemic

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Papa John’s sales have continued to soar during the coronavirus outbreak as hunkered-down consumers opt for ordering pizza in lieu of other restaurant...