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Big Lots initiates going-out-of-business sales at remaining
Dec 19, 2024 · Troubled discount furniture and home decor retailer Big Lots will initiate going-out-business sales at its remaining locations after a deal to find a purchaser fell through.
Inflation cools to 2.5%, slowest rate in more than three years
Sep 11, 2024 · But Sophia Kearney-Lederman, senior economist at FHN Financial group, told NBC News that many investors are now forecasting a "hard landing" based on jobs data that has been persistently weak.
Nasdaq jumps to record close as major tech names rise ahead
Oct 29, 2024 · The Nasdaq Composite rose to a fresh record on Tuesday as investors readied for key corporate earnings releases, including reports from notable tech names.
Johnson & Johnson to pay $6.5 billion to resolve nearly all
May 1, 2024 · Amazon-backed Anthropic launches iPhone app and business tier to compete with OpenAI’s ChatGPT ; Private payrolls increased by 192,000 in April, more than expected for resilient labor market
Judge blocks Albertsons-Kroger $25 billion supermarket merger
Dec 10, 2024 · A U.S. district judge in Oregon has blocked a $25 billion bid by supermarket giant Kroger to take over rival Albertsons, ruling that the Federal Trade Commission's concerns about the merger's ...
Kroger and Albertsons are spending billions on stock ... - NBC News
Dec 12, 2024 · Business News Kroger and Albertsons are spending billions to reward shareholders after their blocked merger The grocery store operators had said they’d be able to cut prices by combining, but ...
CrowdStrike moves to dismiss Delta Air Lines suit, citing ... - NBC …
Dec 17, 2024 · Business News CrowdStrike moves to dismiss Delta Air Lines suit, citing contract terms The cybersecurity company’s stock took a sharp hit after the outage, plunging 44%.
Dow, S&P 500 hit all-time highs, but labor market concerns
Sep 19, 2024 · At a news conference announcing the decision, Fed Chair Jerome Powell said that the U.S. economy “is in a good place” and that by cutting rates, the Fed wanted to “keep it there.”
Netflix ad-supported tier has 70 million monthly users two
Nov 12, 2024 · Netflix said it continues “to see positive momentum and growth across all areas of the business,” adding it has seen “steady progress across all countries’ member bases.”