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Paramount Global is laying off hundreds of employees, just one day after the company announced CBS had record Super Bowl viewership, Chief Executive Officer Bob Bakish...
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Business News
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. 15. He...
Business News
Kenneth Leech, the former co-chief investment officer of Western Asset Management Co, was charged by U.S. authorities on Monday with running a fraudulent “cherry-picking”...
Business News
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 nonprofit that...
Business News
Spanish retailer Mango is embarking on a bold expansion plan in the U.S. as it looks to shed its fast-fashion image and position itself...
Business News
Cast members at Disneyland in California have sought to organize with the United States’ primary stage actors union. Some 1,700 characters and parades workers...
Business News
Cast members at Disneyland in California have sought to organize with the United States’ primary stage actors union. Some 1,700 characters and parades workers...
Business News
Cruise, the driverless car company owned by General Motors is back in the spotlight after another close call with a pedestrian. The California DMV...
Business News
Tiger Woods has unveiled his new lifestyle brand and clothing line, called Sun Day Red, in the wake of his high-profile split with longtime...
Business News
Big spenders are set to boost Las Vegas service workers’ earnings during Super Bowl weekend, but maybe not by much. Sin City expects to...
Business News
Elevated inflation continues to pervade the U.S. economy. And while the pace of 12-month price increases has slowed from the near-double-digit highs reached in...
Business News
The three biggest American retail banks collected 25% less overdraft revenue last year as the companies, under pressure from regulators to cap the fees, created new...
Business News
Stocks rose on Friday after December’s revised inflation reading came in lower than first reported, and the S&P 500 closed above 5,000 level as strong earnings...
Business News
Credit card debt has notched another new high. Americans now owe $1.08 trillion on their credit cards, the Federal Reserve Bank of New York reported Tuesday. Balances jumped 10%...
