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Rite Aid has announced it will close at least 154 stores as part of its bankruptcy process. The chain had 2,253 stores as of...
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Business News
Amazon on Friday announced it would invest an additional $4 billion in Anthropic, the artificial intelligence startup founded by ex-OpenAI research executives. The new funding...
Business News
Securities and Exchange Commission Chair Gary Gensler will resign on Jan. 20, the agency announced Thursday, paving the way for President-elect Donald Trump to...
Business News
The Consumer Financial Protection Bureau on Thursday issued a finalized version of a rule saying it will soon supervise nonbank firms that offer financial services likes payments and...
Business News
U.S. prosecutors have charged Gautam Adani, India’s second-richest person, with fraud over accusations that he and several alleged co-conspirators sought to pay $250 million...
Business News
DEARBORN, Mich. — Ford Motor Executive Chair Bill Ford on Monday warned that an ongoing strike by the United Auto Workers threatens the future livelihood of...
Business News
Top U.S. law firm Davis Polk announced in an internal email that it had rescinded letters of employment for three law students at Harvard...
Business News
Rite Aid, the third-largest U.S. drugstore chain, filed for Chapter 11 bankruptcy protection Sunday, and it’s likely the company will close a big chunk...
Business News
DETROIT — The United Auto Workers union isn’t adding any factories to those that are now on strike, but its president says more walkouts...
Business News
Two of the people closest to Sam Bankman-Fried were asked the same question as they began their testimony this week: Did they commit financial...
Business News
Caroline Ellison, who led the digital currency hedge fund connected with Sam Bankman-Fried’s FTX, is continuing her testimony in his criminal trial Wednesday. Ellison,...
Business News
Prices at the pump remain on track to keep falling in the United States despite the Israel-Hamas war, according to energy industry analysts. After...
Business News
Social Security benefits will increase by 3.2% in 2024, the Social Security Administration announced Thursday morning. That adds about $50 monthly to the average...
Business News
Walgreens Boots Alliance has chosen veteran health care executive Tim Wentworth as the company’s new chief executive. Wentworth is the former CEO of the nation’s largest...
