Janet Yellen walks back Biden's comments US taxpayers on hook for Baltimore bridge collapse
Treasury Secretary Janet Yellen appeared to walk back comments from President Biden that American taxpayers would foot the bill for the Francis Scott Key Bridge collapse in Baltimore.
Macy's gets another, bigger bid from Arkhouse, Brigade Capital
Arkhouse Management and Brigade Capital Management sent a bigger buyout offer to Macy’s over the weekend — to the tune of $24 per share they don't own. Their prior one was $21.
Macy's employees say upcoming closure of historic San Francisco location due to rampant shoplifting
Multiple employees of the iconic Macy's location in Union Square, San Francisco said the store will eventually close due to frequent shoplifting.
Macy's flagship store in San Francisco's Union Square faces chopping block: reports
Macy’s could potentially shutter the Macy’s department store it operates in San Francisco’s Union Square area, according to local media reports.
Macy's to close 150 stores by 2026, open new Bloomingdale's, Bluemercury locations
Macy's will close 150 stores by the end of 2026 as it cuts out underperforming locations, the company announced Tuesday.
Knott's Berry Farm, 100-year-old jam and cookie brand, is discontinued in stores
Knott's Berry Farm brand has been discontinued by the J.M. Smucker Company and is no longer being sold in grocery stores, the company announced online.
Macy's will close these five stores following layoffs of more than 2,300 employees
Macy’s has plans for a handful of locations to permanently close up their shops. The five closures come as part of a move that will also include the retailer axing about 2,350 jobs.
Wayfair to cut 1,650 jobs a month after CEO says employees should be 'working long hours'
E-commerce home goods retailer Wayfair said it will cut jobs and expects its restructuring plan, which started in August 2022, to save more than $280 million.
Macy's to slash 2,350 jobs, close 5 stores in move to embrace technology: report
Macy's is planning to cut 2,350 jobs and close five stores, The Wall Street Journal reported on Thursday, as the company moves to embrace more technology.
Maersk pauses Red Sea voyages a day after Houthis attack ship
Maersk said it will pause all voyages through the Red Sea and Suez Canal until at least Jan. 2, after one of its ships was attacked by Houthi rebels on Saturday.