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Editor’s Pick
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Categories Editor's Pick

Rite Aid files for second bankruptcy in two years

May 7, 2025

U.S. pharmacy chain Rite Aid on Monday filed for bankruptcy protection for the second time in as many years, according to a

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Categories Editor's Pick

Skechers to be acquired by 3G Capital in take-private deal, shares soar 25%

May 6, 2025

Footwear giant Skechers has agreed to be acquired by private equity firm 3G Capital for $63 per share, ending its nearly three-decade run as

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Categories Editor's Pick

Temu halts shipping direct from China as de minimis tariff loophole is cut off

May 5, 2025

Chinese bargain retailer Temu changed its business model in the U.S. as the Trump administration’s new rules on low-value shipments took effect Friday. In recent

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Categories Editor's Pick

Netflix stock is trading at all-time high levels in unprecedented win streak

May 4, 2025

Netflix is on a winning streak. The streaming giant’s stock has traded for 11 straight days without a decline, the company’s longest positive run

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Categories Editor's Pick

Jeff Bezos discloses plan to sell up to $4.8 billion in Amazon stock

May 4, 2025

Amazon founder Jeff Bezos plans to sell up to 25 million shares in the company over the next year, according to a financial filing on Friday. Bezos,

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Categories Editor's Pick

Data center boom in world’s largest market isn’t slowing down, Dominion Energy says

May 3, 2025

Data center demand is not slowing down in the world’s largest market centered in northern Virginia, executives at Dominion Energy said Thursday. Dominion provides electricity

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Categories Editor's Pick

Tesla denies report it’s looking to replace Elon Musk

May 3, 2025

Shares of Tesla were flat in premarket trading Thursday after the EV maker denied a Wall Street Journal report that its board was searching

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Categories Editor's Pick

Amazon is stepping up to fill a gap in Hollywood’s movie slate

May 2, 2025

Tech is saving Hollywood — though not in the way you might think. Back in 2022, e-commerce giant and relative upstart movie studio Amazon promised

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Categories Editor's Pick

Tesla denies report that the EV maker is looking to replace Elon Musk

May 2, 2025

Shares of Tesla were flat in premarket trading Thursday after the EV maker denied a Wall Street Journal report that its board was searching

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Categories Editor's Pick

Consumers are not lovin’ it: McDonald’s has its worst quarter since 2020

May 2, 2025

McDonald’s reported its worst quarterly sales for the United States since the height of the pandemic in 2020, the latest restaurant chain

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