On January 14, the company behind some of the most recognizable names in American department stores filed for Chapter 11 bankruptcy protection. The filing followed months of delayed payments to vendors, the kind of slow-motion Read more…
Despite sitting on a record cash reserve of nearly $400 billion, Berkshire Hathaway has opted to pull back from equity markets rather than deploy capital into stocks. The company ended the first quarter of 2026 Read more…
In 2015, Amazon held the first-ever Prime Day, a 24-hour savings bonanza that marked the online retailer’s 20th anniversary. That singular event changed the landscape of seasonal sales. Where department stores used to hold end-of-season Read more…
While the global pizza market is projected to grow from $282 billion in 2025 to more than $340 billion by 2034, the success or failure of any individual company depends on a wide range of Read more…
For much of its existence, Costco did not focus on shopping experience because its core goal was keeping prices low. The company famously uses warehouses — literally pallets of merchandise on the floor — as Read more…
Adobe (ADBE), the software maker behind Photoshop and Acrobat, beat earnings estimates for its May quarter and lifted its full-year guidance. However, the company told Wall Street that it would grow a bit more slowly Read more…
President Donald Trump has come out in support of the REPAIR Act, a bill making its way through Congress that would ensure a car owner’s right to repair and modify their vehicles without artificial barriers Read more…
For roughly eight decades the Las Vegas Strip has been an iconic global hub for gambling, nightlife, and entertainment. It was also among the most-visited destinations in the United States. However, the latest data signal Read more…
The 2027 cost-of-living adjustment for Social Security could come in well above the 2.8% raise that took effect in January. Two of the most closely watched forecasts for the annual raise shifted after the Bureau Read more…
Shares of Oracle (ORCL) tumbled 8.53% on June 11 as investors are concerned about the company’s plans to raise more money to fund its AI buildout, overshadowing better-than-expected fiscal fourth-quarter results and a higher profit Read more…