Alibaba Expects to Book $1.28 Billion Loss on Sale of Department Store

The sale comes as Alibaba has been restructuring its businesses to focus on the e-commerce sector amid intensifying competition with its Chinese rivals.

Topics

Gift Idea: The Only Official Lord Of The Rings Coloring Books Are On Sale At Amazon

If you're scrambling for a last-minute gift idea for a J.R.R. Tolkien fan, the recently reissued Lord of the Rings and Hobbit coloring books could be a great choice. There's also an official ...
GameSpot - 10h
PG&E Secures $15 Billion Loan From U.S. Energy Department

The loan, the biggest-ever commitment from the Loan Programs Office, is intended to fund the California utility’s grid and climate resiliency projects.
The New York Times - 12h
The Cookie Chain Teen Girls Are Powering to $1 Billion in Sales

Crumbl woos young fans with social media and sugar—and drives their parents nuts
The Wall Street Journal - 5d
NFL approves sale of minority stake in the Philadelphia Eagles at $8.3 billion value

The National Football league has approved the sale of a minority stake in the Philadelphia Eagles to two family investment groups.
CNBC - 6d
NFL approves sale of a minority stake in the Philadelphia Eagles at $8.3 billion value

The National Football League has approved the sale of a minority stake in the Philadelphia Eagles to two family investment groups.
NBC News - 6d
Taylor Swift’s Eras Tour Made a Record $2 Billion of Ticket Sales

Over 21 months, the pop superstar’s culture-dominating stage show doubled the gross of its closest competitor, according to ticket sales figures confirmed for the first time.
The New York Times - Dec. 9
Dollar Tree CFO Departs; Raises Full-Year Sales View

Dollar Tree is parting ways with its top finance executive a month after its CEO stepped down. The discount retailer has also raised its full-year sales guidance in light of strong third-quarter ...
The Wall Street Journal - Dec. 4
Official Moana 2 Art Book Is Already On Sale For A Great Discount

The Art of Moana 2 $35.39 (was ...
GameSpot - Dec. 3
Americans expected to spend $13 billion total on Cyber Monday deals

Consumers are focusing on finding deals on Cyber Monday and American spending is expected to rise compared to 2023. CBS MoneyWatch correspondent Kelly O'Grady breaks down the spending trends for 2024.
CBS News - Dec. 2