Business

DEC. 21, 2024

Party City Announces Closure of All Stores Amid Financial Struggles

Party City Announces Closure of All Stores Amid Financial Struggles

Party City Holdco, the largest retailer of party supplies in the US, is closing all its stores due to financial difficulties, with CEO Barry Litwin citing inability to overcome sales lag and debt burdens...

14 hours ago
Starbucks Workers Initiate Five-Day Strike Over Contract Negotiations

Starbucks Workers Initiate Five-Day Strike Over Contract Negotiations

Starbucks workers across Los Angeles, Chicago, and Seattle are set to strike for five days, demanding progress in contract negotiations and resolution of legal issues, including unfair labor practice charges...

15 hours ago
CFPB Sues Zelle and Major Banks Over Fraud Allegations

CFPB Sues Zelle and Major Banks Over Fraud Allegations

The Consumer Financial Protection Bureau (CFPB) filed a lawsuit against Zelle and its co-owning banks—Bank of America, JPMorgan Chase, and Wells Fargo—accusing them of failing to protect consumers from over $870 million in fraud losses since Zelle's launch in 2017...

16 hours ago

Volkswagen and Unions Reach Wage Deal, Averting Plant Closures

Updated 15 hours ago

Haliey Welch Addresses $HAWK Cryptocurrency Lawsuit Amid Public Scrutiny

Updated 3 minutes ago

Biden Administration Withdraws Student Loan Cancellation Efforts Amid Transition Plans

Updated 19 hours ago

Record-Breaking Holiday Travel Anticipated in the U.S.

Updated 1 day ago

Notre Dame Triumphs Over Indiana in College Football Playoff Opener

Updated 5 hours ago

Tips to Avoid Holiday Financial Stress

Updated 14 hours ago

Trump Transfers Trump Media Shares to Revocable Trust

Updated 16 hours ago

Hurricane Helene's Impact on Southern Agriculture Exceeds $10 Billion

Updated 4 hours ago

Biden Administration Proposes Voluntary Guidelines for Self-Driving Vehicles Amid Transition to Trump

Updated 14 hours ago

Pakistani Military Court Sentences 25 Civilians Over 2023 Attacks

Updated 1 hour ago

Craig Wright Sentenced for Contempt in Bitcoin Claim Lawsuit

Updated 21 hours ago

Alexander Brothers Charged in Major Sex Trafficking and Rape Case

Updated 13 hours ago

Trump's Economic Policies and Budget Deal Sparks Controversy Ahead of Second Term

Updated 22 hours ago

Deadly Train Collision in Pecos, Texas Under Investigation

Updated 10 hours ago

Native-Born American Workforce Decline Coincides with Immigration Rise

Updated 10 hours ago

Italy Fines OpenAI 15 Million Euros Over ChatGPT Privacy Breach

Updated 18 hours ago