About 14% of the workforce at Disney’s Pixar Animation Studios, or around 175 employees, are being laid off.
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Department stores face another squeeze. This time, with store credit card revenue
Store credit cards allow retailers to drive repeat purchases and make a cut of cash. Even before a new CFPB ruling, the revenue segment was […]
Continue readingThe rich are getting second passports, citing risk of instability
The top destinations for supplemental passports among Americans are Portugal, Malta, Greece and Italy, according to a leading law firm.
Continue readingMacy’s settles proxy fight with activist Arkhouse, adds two directors
The reshuffle moves Macy’s closer to a deal that could take the 165-year-old department store private.
Continue readingThese 10 retail brands are the fastest growing in the U.S., Yelp says
Chains owned by publicly traded restaurant companies accounted for half of the top 10 fastest-growing retail brands in the U.S. last year, according to Yelp.
Continue readingNew York Community Bank’s online arm is paying the nation’s highest interest rate
NYCB raised the rate offered via its online arm My Banking Direct to 5.55%, higher than any other U.S. savings account, weeks after needing a […]
Continue readingDelta tops quarterly earnings expectations, focuses on efficiency as growth steadies
CEO Ed Bastian said hiring has slowed after the company added staff aggressively following the pandemic.
Continue readingToyota’s first new 4Runner SUV in 15 years will offer a hybrid engine
Toyota Motor revealed a new 4Runner SUV for the first time in nearly 15 years — completing a recent redesign of the automaker’s current trucks […]
Continue readingDenver and its craft breweries embrace nonalcoholic beer, spirits
The interest is due in part to the active and health-conscious lifestyles of Denver residents, local breweries said.
Continue readingPfizer’s RSV vaccine shows potential to protect high-risk adults ages 18-59, widening possible use
Pfizer plans to file for an expanded approval of Abrysvo, which is currently approved for adults ages 60 and above and expectant mothers.
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