Jonathan Majors, and his girlfriend, Meagan Good, flanked by his lawyer Priya Chaudhry (R), arrive to Manhattan Criminal court for his pre trial hearing on August 03, 2023 in New York City.Alexi Rosenfeld | Getty ImagesDisney on Friday said it was pulling troubled star Jonathan Majors' next film, "Magazine...
Abercrombie and Fitch is in the midst of a major comeback, but the retailer is still being haunted by the alleged sins of former chief executive Mike Jeffries. The company was sued Friday for turning a blind eye to Jeffries' alleged misconduct, court records show. He's accused of running a...
The Employee Retention Credit was intended to be a financial lifeline to small businesses struggling to make ends meet during the pandemic.The government program, seemingly flush with cash, led to the emergence of an industry of its own, which focused on helping businesses claim the credits. Suddenly, a parade...
Striking United Auto Workers (UAW) members from the General Motors Lansing Delta Plant picket in Delta Township, Michigan September 29, 2023.Rebecca Cook | ReutersDETROIT — Contract negotiations between the United Auto Workers and General Motors are reconvening midday Friday after intense talks occurred Thursday night and into the morning,...
A Spirit Airlines airplane taxis for takeoff at Denver International Airport in Denver on Feb. 7, 2022.Michael Ciaglo | Bloomberg | Getty ImagesSpirit Airlines will suspend training for new pilots and flight attendants next month "until further notice," according to company memos, as it plans for slower growth amid...
Customers at a Safeway store in San Francisco.Getty ImagesAmerican banks have been shuttering branches located within supermarket chains at a rate seven times faster than other locations amid the industry's profit squeeze and customers' migration to digital channels.Banks closed 10.7% of their in-store branches in the year ending June...
Ford Motor Company's electric F-150 Lightning on the production line at their Rouge Electric Vehicle Center in Dearborn, Michigan on September 8, 2022. Jeff Kowalsky | AFP | Getty ImagesShares of Ford Motor traded sharply lower Friday after the company reported earnings that missed estimates and said that demand for...
JPMorgan Chase CEO Jamie Dimon will begin to sell 1 million shares of the bank he runs next year, the company said Friday in a filing.The plan sparked concern that Dimon, who is 67 years old, could be contemplating retirement. Dimon is arguably the country's top banker; he has...
Signs offering COVID-19 vaccinations are seen outside of a CVS pharmacy in Washington, DC.Mandel Ngan | AFP | Getty ImagesMany pharmacy employees at some of the largest U.S. drugstore chains say they're reaching a breaking point. On top of verifying, filling and dispensing prescriptions, pharmacists and support staff are responsible...
Representatives from more than 30 retailers joined a major industry lobbying group on Capitol Hill on Thursday, as they ramped up pressure to pass a law that backers say will curb retail theft.The National Retail Federation escalated its campaign to rally support for the bill, known as the Combating...