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US Holiday Sales Set to Top $1 Trillion for the First Time, NRF Forecasts

U.S. holiday sales are expected to surpass $1 trillion for the first time, but growth is set to be slower than last year, the National Retai...
People make their way as they carry their shopping bags during the holiday season in New York City, U.S., December 10, 2023. (Reuters/Eduardo Munoz)

US Holiday Sales Set to Top $1 Trillion for the First Time, NRF Forecasts

U.S. holiday sales are expected to surpass $1 trillion for the first time, but growth is set to be slower than last year, the National Retai...
Business

/ 25 minutes ago

CarMax logo is seen in this illustration taken June 27, 2022. (Reuters/Dado Ruvic/Illustration)

CarMax’s Longtime CEO Bill Nash to Depart, Shares Plunge

CarMax’s CEO Bill Nash is stepping down by the end of the month, the preowned car retailer said on Thursday, and forecast weak third-q...
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/ 1 hour ago

Starbucks cups are pictured on a counter in the Manhattan borough of New York City, New York, U.S., February 16, 2022. (Reuters File)

Starbucks Workers Union Vote to Authorize Strike Amid Stalled Talks

Unionized Starbucks baristas voted to authorize an open-ended strike ahead of Starbucks’ high-traffic holiday season, announced Starbu...
Business

/ 19 hours ago

Yum Brands logo and stock graph are seen displayed in this illustration taken, May 3, 2022. (Reuters/Dado Ruvic/Illustration)

Yum Brands Mulls Pizza Hut Sale as Taco Bell Drives Third-Quarter Beat

Yum Brands said on Tuesday it was exploring strategic options for its Pizza Hut chain struggling in a highly competitive fast-food industry,...
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/ 2 days ago

Fresno Is Nation’s Top Ag County at $9 Billion. But What Does Future Hold?

Fresno County reclaimed the title of top ag-producing county in the nation with reported 2024 values exceeding $9 billion for the first time...
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The IBM company logo is pictured during the Viva Tech start-up and technology summit in Paris, France, May 25, 2018. (Reuters/Charles Platiau)

IBM to Cut Thousands of Roles in Focus on Software Growth, Bloomberg News Reports

IBM will cut thousands of roles this quarter while it continues to shift focus to higher-growth software and services, Bloomberg News report...
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Save Mart, FoodMaxx Battle Inflation with Holiday Deals, New Discounts

The Save Mart Companies is rolling out a new initiative to make food more affordable for families during the holidays at all of their brands...
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A Denny's restaurant logo is pictured on a building in North Miami, Florida March 19, 2016. (Reuters/Carlo Allegri)

Restaurant Chain Denny’s to Be Taken Private in $620 Million Deal

Restaurant chain Denny’s announced on Monday it would be acquired by a group comprising TGI Fridays-owner TriArtisan Capital Advisors ...
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Trump’s War on ‘Woke’ Forces Community Lenders to Cut Services or Close

A year ago, Karlene Sinclair-Robinson was writing loans and hosting education seminars for small businesses and entrepreneurs as finance dir...
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/ 5 days ago

Fresno’s Cement Drivers Ask Feds for Vote to Leave Union

A group of Fresno cement drivers told the federal government they no longer want to be represented by a labor union. Drivers with CalPortlan...
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