Markets

Big Lots could potentially close 315 stores

Up to 315 of discount retailer Big Lots’ locations could be on the chopping block and facing potential closure, a Securities & Exchange Commission filing from Friday indicated.

After a pay boom, raises are shrinking

With hiring now slowing sharply, employers are controlling payroll costs by cutting or freezing bonuses, doling out fewer and smaller merit increases.

Disney's theme park business under pressure

Disney’s Experience segment showed some softness in the third quarter, the entertainment giant announced on Wednesday as it released its latest earnings report.

CVS cuts outlook, plans $2B cost-cutting effort

CVS said Wednesday that it's launching a multi-year productivity initiative. It also cut its outlook for the year as its health care benefits segment continues to face pressure.