Party City on Friday announced it will close all of its stores and has initiated corporate layoffs effective immediately, according to a CNN report. CEO Barry Litwin told corporate employees in a meeting viewed by CNN that Party City has to “commence a winddown process immediately,” and that Friday would be…
The fate of President Joe Biden’s landmark climate legislation, the Inflation Reduction Act, is in the hands of the incoming…
Malls used to be the destination for the buzziest stores. Now they’re home to the hottest restaurants. The slow…
When athleisure brand Vuori launched in 2015, it was headquartered in a garage, sold only men’s shorts and couldn’t…
McKinsey & Company agreed to pay $650 million in a deferred prosecution agreement that will resolve a federal criminal probe…
Starbucks Workers United said Tuesday that 98% of union baristas have voted to authorize a strike as they seek a…
Grubhub will pay $25 million to settle charges it misled customers about the cost of their delivery and drivers…
Walmart has started giving store-level associates body cameras to wear as part of a pilot program at some of its…
CrowdStrike moved Monday evening to dismiss Delta Air Lines’ lawsuit around the July cybersecurity outage that led to canceled flights and stranded…