The average homeowner with a near record-low mortgage rate would see their monthly payment shoot up 132% in order to move up to a 25% […]
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Home Depot is acquiring specialty distributor SRS for $18.25 billion in huge bet on growing pro sales
Home Depot is making the largest acquisition in its history as its sales growth stagnates.
Continue readingTwo Warner Bros. Discovery directors resign after antitrust probe
Steven Miron and Steven Newhouse resigned from the Warner Bros. Discovery board of directors, effective immediately.
Continue readingCalifornia fast-food workers are now making $20 an hour. Other businesses might have to catch up
Fast-food workers in California will start earning $20 an hour. Other businesses may raise their own wages to keep up.
Continue readingUnited asks pilots to take unpaid time off, citing Boeing’s delayed aircraft
United previously paused pilot hiring because of late-arriving aircraft from Boeing.
Continue readingHow Dana Walden could defy critics and become Disney’s first female CEO
Walden has proven herself as a top TV executive, but some ex-Disney executives question whether her resume is suitable for the Disney CEO job.
Continue readingMacy’s hasn’t closed 150 stores yet. But Target, Kohl’s CEOs already smell opportunity
Macy’s closures of about 150 stores could put up to $2 billion in annual sales up for grabs for other retailers.
Continue readingBally’s shareholders wage battle over ownership, ‘unfunded development projects’
Key investors are fighting back against Bally’s Chairman Soo Kim, and his offer to buy the casino company and take it private.
Continue readingHealth insurer stocks slide as final Medicare Advantage rates disappoint
The rate adds more pressure on insurers already grappling with high medical costs and uncertainty after the cyberattack on UnitedHealth Group’s tech unit.
Continue readingWhy streamers are shrinking their content libraries
Data from Fandom suggests where the major streaming platforms are best poised to specialize based on current viewership.
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