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Investing

Lego is reinventing its iconic brick sets and keeping the toy industry afloat

The toy industry is headed for its second consecutive annual sales decline, but it’s got one thing propping it up: colorful, interlocking…
Investing

Nordstrom to go private in $6.25 billion deal with founding family, Mexican retailer

Nordstrom on Monday announced it will become a private company after it agreed to a buyout deal valued at roughly $6.25 billion from Nordstrom’s founding family…
Investing

Nissan could face cost-cutting ‘carnage’ in Honda merger, Carlos Ghosn says

Nissan will be the victim of cost-cutting “carnage” if it combines forces with Japanese peer Honda, former Nissan CEO Carlos Ghosn told CNBC on…
Investing

Honda and Nissan officially begin merger talks to create world’s third-largest automaker

Japanese automakers Nissan and Honda on Monday announced they had entered into official talks to merge and create the world’s third-largest automaker by sales. In a news conference…
Investing

Netflix secures U.S. rights to the FIFA Women’s World Cup in 2027, 2031

Netflix on Friday announced it has secured exclusive rights in the U.S. to the FIFA Women’s World Cup in 2027 and 2031. The announcement comes…
Investing

Starbucks union announces strike to last through Christmas Eve in 3 major cities

Love Starbucks holiday drinks? This week, you may not get them. Starbucks Workers United announced baristas will strike starting Friday in three…
Investing

OpenAI is done with Shipmas and staring down daunting challenges for 2025

OpenAI’s “12 Days of Shipmas,” which wrapped up on Friday, brought a sense of levity to end the year. The marketing blitz…
Investing

Trump transfers all his DJT shares to his revocable trust, SEC filings show

President-elect Donald Trump this week transferred his entire stake of shares in Trump Media to a revocable trust of which he is the sole beneficiary, regulatory filings revealed Thursday evening….
Investing

CFPB sues America’s largest banks for ‘allowing fraud to fester’ on Zelle

The Consumer Financial Protection Bureau is suing America’s three largest banks, accusing the institutions of failing to protect customers from fraud on…
Investing

Party City to close all of its stores, report says

Party City on Friday announced it will close all of its stores and has initiated corporate layoffs effective immediately, according to a CNN…
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