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Retailers saw a dismal fall quarter. The election seems to be turning things around.

Many U.S. retailers are hoping to put the fall quarter behind them. The decisive outcome of this month’s presidential election, which showed…
Investing

Amazon workers worldwide set to protest on Black Friday weekend, union federation says

Amazon workers in more than 20 countries, including the United States and the United Kingdom, plan to hold protests or go on…
Investing

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 running a…
Investing

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 down a…
Investing

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 image and…
Investing

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 effective Jan….
Investing

Microsoft 365 working to address potential Outlook and Teams outage

If you’re a Microsoft 365 user, this Monday may have been a little more frustrating for you than usual. The product family…
Investing

Can Starbucks fix long lines at its airport cafes?

Air travelers face a host of headaches on their journeys: slow security lines, long waits for plush lounges, the threat of delays or cancellations — and the…
Investing

Judge says he must still approve sale of Infowars to The Onion

A federal judge said Monday he may hold an evidentiary hearing next month to help determine whether to approve the sale of…
Investing

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 expenses over…
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