Italo Medelius-Marsano was a law student at North Carolina Central University in 2022, when he took a job at an Amazon warehouse near the city of Raleigh to earn some extra cash.…
Business
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Business
As Joann Fabrics and JCPenney announce store closings, here’s what’s driving the pattern
by adminThe new year for brick-and-mortar retailers is picking up right where 2024 left off, as a slew of stalwart brands are set to shutter dozens of store locations amid shifting…
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Business
Denny’s set to close dozens more locations this year, though some openings planned too
by adminBreakfast specialists Denny’s will accelerate planned store closures in 2025 amid continued consumer shifts toward preferences for fast-food and take-out options. On an earnings call Wednesday, CFO Robert Verostek said…
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Consumers sharply curtailed their spending in January, indicating a potential weakening in economic growth ahead, according to a Commerce Department report Friday. Retail sales slipped 0.9% for the month from an…
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Egg rationing is here. With prices rising rapidly and showing no signs of slowing anytime soon, some of the nation’s biggest grocery store chains — including Trader Joe’s, Walmart and Costco…
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Business
With Trump all-in on crypto, bitcoin bulls bet America’s corporate balance sheets are next
by adminLast week, White House crypto czar David Sacks held his first press conference to discuss the future of crypto policy coming out of the Trump administration. While that will include stablecoin…
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Business
How America’s chief consumer-protection agency came into the Trump administration’s crosshairs
by adminWhen the Consumer Financial Protection Bureau made an appearance in the Heritage Foundation’s Project 2025 blueprint, the conservative group’s plan was simple: Abolish it entirely. Now, with a Project 2025…
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The U.S. is facing a power capacity crisis as the tech sector races against China to achieve dominance in artificial intelligence, an executive leading the energy strategy of Alphabet’s Google…
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Prebiotic soda brand Olipop said Wednesday that it was valued at $1.85 billion in its latest funding round, which raised $50 million for the company. Founded in 2018, Olipop has…
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Elon Musk is leading a group of investors in offering to buy control of OpenAI for $97.4 billion, The Wall Street Journal reported on Monday. The bid is for the nonprofit that…