Port strike looming: What to know and expect

Retailers are bracing for potential pain should thousands of dock workers along the East Coast begin striking this week. Here’s what to know and what to expect.

Red Lobster may exit bankruptcy protection soon

Red Lobster is set to exit Chapter 11 bankruptcy protection after a judge approved its reorganization plan. The seafood chain plans to operate 544 locations and will introduce a new CEO, Damola Adamolekun, as it looks to stabilize its business following financial struggles and restaurant closures.

Verizon to buy Frontier in $20B deal

Verizon is acquiring Frontier Communications in the massive deal to boost its network, while helping its efforts in artificial intelligence.