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Business

News related to money, including business and finance.

Costco's 'Netflix moment': Analysts say card scanners are already paying off

Costco's 'Netflix moment': Analysts say card scanners are already paying off

Costco's introduction of membership card scanners at the front of stores is still rolling out, but the move is already paying off big for the wholesale club.

October 27, 2024 10:10am EDT
Biden administration forgives $4.5 million in student debt for 60,000 borrowers

Biden administration forgives $4.5 million in student debt for 60,000 borrowers

The Biden administration announced over $4 million in funding for borrowers who have met PSLF requirements.

October 22, 2024 1:38pm EDT
Girl Scouts will raise yearly dues to $65 by 2027

Girl Scouts will raise yearly dues to $65 by 2027

The Girl Scouts of the USA voted to gradually increase membership dues from $25 to $45 in 2026, then again to $65 in 2027.

October 21, 2024 9:07pm EDT
Buybuy Baby closing all stores, shifting to online-only in 'strategic reset'

Buybuy Baby closing all stores, shifting to online-only in 'strategic reset'

Buybuy Baby is shuttering all of its stores roughly a year after new owners tried to revive the brand.

October 21, 2024 5:55pm EDT
New Boeing proposal on table for striking WA workers

New Boeing proposal on table for striking WA workers

Boeing has a new offer for more than 33,000 workers who have been on strike since September 13. Voting takes place next week.

October 19, 2024 6:31pm EDT
Girl Scouts may raise yearly dues by 240% amid declining membership

Girl Scouts may raise yearly dues by 240% amid declining membership

Some who are involved with the Girl Scouts worry the increase could price out middle class and financially struggling families.

October 18, 2024 8:47pm EDT
Hardware wholesaler True Value files for bankruptcy, plans sale to rival

Hardware wholesaler True Value files for bankruptcy, plans sale to rival

Wholesale hardware supplier True Value has filed for Chapter 11 bankruptcy and is planning to sell by the end of the year to rival Do It Best.

October 18, 2024 9:25am EDT
Major paint company to lay off 1,800 workers, close facilities

Major paint company to lay off 1,800 workers, close facilities

The company is cutting nearly 2,000 jobs in the U.S. and Europe as it undergoes a comprehensive cost reduction program. It's also selling its architectural business.

October 18, 2024 7:39am EDT
Holiday spending projected to hit new record this year

Holiday spending projected to hit new record this year

Notable differences this year include the shopping period between Thanksgiving and Christmas being nearly a week shorter, and the economic impact of Hurricanes Helene and Milton.

October 16, 2024 1:41pm EDT
Sam's Club stores: Here's what the new locations will look like

Sam's Club stores: Here's what the new locations will look like

Sam's Club membership warehouse is planning to open 30 stores in the next five years.

October 16, 2024 11:19am EDT
Big Lots to shutter more than 50 retail locations

Big Lots to shutter more than 50 retail locations

Big Lots aims to permanently close the doors of more than 50 stores in numerous U.S. states.

October 16, 2024 6:59am EDT
TGI Fridays closes a dozen stores across America in just one month

TGI Fridays closes a dozen stores across America in just one month

A dozen U.S. TGI Fridays locations have closed in the last month, as the brand also shutters 35 stores in the United Kingdom. Earlier closures this year were due to underperformance.

October 15, 2024 5:30pm EDT
7-Eleven shutting down nearly 450 underperforming stores across North America

7-Eleven shutting down nearly 450 underperforming stores across North America

Nearly 450 7-Eleven stores across North America are closing for underperforming, according to the company.

October 12, 2024 1:22pm EDT
Could Red Lobster's endless shrimp return? New CEO weighs in

Could Red Lobster's endless shrimp return? New CEO weighs in

Red Lobster’s new CEO recalled the ‘chaos’ created by the $20 endless shrimp promotion that propelled the company toward bankruptcy.

October 6, 2024 11:38am EDT
Pink Floyd sells music for $400 million - see who else has made huge deals

Pink Floyd sells music for $400 million - see who else has made huge deals

Pink Floyd is the latest to participate in an ongoing trend of big acts and their rights holders making deals to sell their back-catalogs for a big sum. See who else has cashed in.

October 5, 2024 8:12pm EDT
Taxpayers in these 24 states will be able to file their returns directly with the IRS

Taxpayers in these 24 states will be able to file their returns directly with the IRS

The IRS is expanding its Direct File program to 30 million taxpayers in 24 states for the 2025 tax season. Learn more about the new eligibility standards and participating states.

October 3, 2024 7:57pm EDT
Will the US port strike raise gas prices? What you need to know

Will the US port strike raise gas prices? What you need to know

Experts say the U.S. port strike could eventually affect the oil and gas industry. While no immediate disruptions are expected, the real question is whether prolonged strikes could lead to price hikes.

October 2, 2024 8:46pm EDT
Port strike: NY mom-and-pop shops fear empty shelves, surging costs

Port strike: NY mom-and-pop shops fear empty shelves, surging costs

The massive port workers' strike has entered its second day, with 45,000 workers along the East and Gulf Coasts off the job. Local business owners say they are feeling the pressure as supply chain disruptions cause produce prices to soar.

October 2, 2024 5:59pm EDT
Dockworker strike wasn’t expected to affect gas prices — but that’s not the case now

Dockworker strike wasn’t expected to affect gas prices — but that’s not the case now

If union dockworker strike impacting US ports is not resolved quickly, its impact could be felt in the energy sector.

October 2, 2024 5:00pm EDT
Port strike: Thousands of dockworkers halt labor along East Coast. How it impacts you

Port strike: Thousands of dockworkers halt labor along East Coast. How it impacts you

A labor agreement involving thousands of dockworkers along the East and Gulf coasts lapsed, signaling them to walk off the job overnight. Here's how it could impact you.

October 1, 2024 6:31pm EDT
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2025 Holiday Shipping Deadlines: USPS, FedEx, UPS important dates to remember

Stimulus payment December 2025, IRS direct deposit relief payment & tariff dividend fact check

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SCOTUS will allow Texas to use redrawn congressional map for 2026 election

SCOTUS will allow Texas to use redrawn congressional map for 2026 election

DC pipe bomber arrest: FBI takes man into custody over bombs planted before Jan. 6

DC pipe bomber arrest: FBI takes man into custody over bombs planted before Jan. 6

Who is Brian Cole? Suspected DC pipe bomber arrested by FBI

Who is Brian Cole? Suspected DC pipe bomber arrested by FBI

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