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American Eagle on Tuesday said it is writing off $75 million in spring and summer merchandise and withdrawing its full-year guidance as it contends with...
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American Eagle shares plunge 17% after it withdraws guidance, writes off $75 million in inventory
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- Economy
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Financial technology company Chime on Tuesday filed paperwork to go public on the Nasdaq. The company intends to file under the ticker symbol “CHYM.”...
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CAMDEN, N.J. — The father and son duo behind a stock fraud scheme involving the infamous $100 million New Jersey deli were sentenced to...
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UnitedHealth Group announced a new chief executive Tuesday, a sudden and surprising change following the fatal shooting in December of its UnitedHealthcare subsidiary’s leader. Andrew Witty stepped...
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Inflation leveled off to 3.7% in September compared to a year ago, extending a gradual slowdown in consumer prices, even as it slowed to...
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DETROIT — The United Auto Workers union significantly escalated its strikes against Detroit Three automakers Wednesday by going on strike against a major Ford...
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The U.S. government will make its next monthly inflation report Thursday, and it’s generally expected that it will show inflation is cooling off. The...
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The Supreme Court on Tuesday declined to hear arguments in a case challenging the Food and Drug Administration’s authority to reject approvals of flavored electronic cigarettes. The case...
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This story was reported in collaboration with the International Consortium of Investigative Journalists, Arab Reporters for Investigative Journalism and The Guardian. Momtaj Mansur flew to...
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Caroline Ellison testified that FTX cofounder Sam Bankman-Fried told her to steal money from FTX’s customers and use them to repay firms that had...
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If you’ve noticed an empty store shelf where Clorox bleach, Glad trash bags or Burt’s Bees skin products should be, you’re not alone. Clorox,...
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The United Auto Workers strike against the Big Three U.S. automakers continues, but union President Shawn Fain said Friday that the labor stoppage isn’t...
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This story was reported in collaboration with the International Consortium of Investigative Journalists, Arab Reporters for Investigative Journalism and The Guardian. Momtaj Mansur flew to...
Stock
Job growth was stronger than expected in September, a sign that the U.S. economy is hanging tough despite higher interest rates, labor strife and...
