27 Boston Market restaurants ordered closed in New Jersey for unpaid wages
New Jersey ordered more than two dozen Boston Market locations to close Tuesday because regulators found "multiple violations of workers' rights," including failure to pay wages, and fined the restaurant chain nearly $2.6 million.
2023-08-16 20:24
'Ho-hum holiday' spending expected as shoppers deal with economic cross-currents
US consumers, trapped in a web of conflicting signals on the health of the economy and how it impacts their ability to shop for extras, might be forced to spend less enthusiastically on a key bucket of discretionary spending -- Christmas gifts, according to early forecasts of this year's holiday sales.
2023-08-16 19:50
Target's sales fall for first time in six years
Target's quarterly sales fell for the first time in six years as consumers pulled back on home goods, clothing and other discretionary goods. Target has also been embroiled in the political culture wars over gender and sexual orientation.
2023-08-16 18:57
A Vietnamese electric carmaker is now worth more than Volkswagen and Ford
One of Vietnam's biggest automakers has made a big splash on its entry to Wall Street, pushing its market capitalization above that of industry giants such as Volkswagen and Ford.
2023-08-16 15:21
Germany's Cabinet is set to approve a plan to liberalize rules on cannabis possession and sale
Germany’s Cabinet is set to approve a plan to liberalize rules on cannabis, setting the scene for the European Union’s most populous member to decriminalize possession of limited amounts and allow members of “cannabis clubs” to buy the substance for recreational purposes
2023-08-16 14:15
DeSantis' appointees ask judge to rule against Disney without need for trial
Gov. Ron DeSantis’ appointees to a board that oversees Walt Disney World say a Florida judge should rule without trial against Disney as the company fights Gov. Ron DeSantis’ takeover of the governing district
2023-08-16 08:19
166-year-old luxury retailer in San Francisco warns: This could be our last year
John Chachas, the owner of luxury department store Gump's San Francisco, wrote an open letter to Governor Newsom, Mayor London Breed, and the city's Board of Supervisors, pleading for them to act on what he describes as the city's worsening downtown conditions.
2023-08-16 05:58
New Jersey Supreme Court rules in favor of Catholic school that fired a teacher for having premarital sex
The New Jersey Supreme Court ruled in favor of a Catholic school that terminated a teacher for having premarital sex, according to court documents.
2023-08-16 04:53
Hawaiian Electric's stock plunges again after S&P downgrades its credit rating
Hawaiian Electric Industries' stock plummeted another 10% Tuesday after S&P Global downgraded the company's credit rating to junk.
2023-08-16 02:48
Janet Yellen explains her 'magic mushroom' experience in China
US Treasury Secretary Janet Yellen ate a "magic mushroom" on a recent trip to Beijing, but the aftereffects don't sound that special.
2023-08-15 20:56
Retail earnings this week could say a lot about the state of America's economy
Earnings season continues this week with Target, Walmart, TJ Maxx parent company TJX and other high-profile retailers set to release their quarterly results.
2023-08-15 19:26
Home Depot sales fell as housing market cooled
Home Depot's sales dropped 2% during its latest quarter as the housing market cooled off.
2023-08-15 18:23