Latest in Party City Stores to Close by February, Company Says
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Party City files for bankruptcy, a day after announcing mass layoffs
Party City informed employees in an email on Friday that it was conducting an immediate "mass layoff" at its headquarters.CBS News - 12h -
Party City Stores to Close by February, Company Says
In an internal letter, the company said inflation and changes in consumer spending had forced it to shut its more than 700 stores.The New York Times - 14h -
Party City Files for Bankruptcy, to Shut Down 700 Stores
This is the second time Party City has declared bankruptcy in the last two years.Inc. - 16h -
The 7 Best Up-and-Coming Cities, According to a Real-Estate Research Company
Real estate data company Clever crunched the numbers and came up with some surprising results.Inc. - 1d -
Party City to close all of its stores, report says
Party City on Friday announced it will close all of its stores and has initiated corporate layoffs effective immediately, according to a CNN report.CNBC - 1d -
Man City crisis deepens after another loss and Arsenal closes gap on Liverpool
Manchester City’s stunning slump has deepened after losing at Aston Villa 2-1 in the Premier LeagueABC News - 15h -
Party City to close all of its stores, report says
Party City on Friday announced it will close all of its stores and has initiated corporate layoffs effective immediately, according to a CNN report.NBC News - 1d -
Party City going out of business, starting process 'immediately': Report
Party City, once among the top names in party-supply retailers, is going out of business, according to an announcement from CEO Barry Litwin that was viewed by CNN.The Hill - 1d -
Drivers for Amazon stage demonstrations, but company says deliveries have not been affected
Drivers who deliver packages for Amazon demonstrated outside some of the company's facilities calling for better wages and work conditions. The protests were called for by the Teamsters union. ...NBC News - 2d -
Ancient landmarks closed off to walkers, campaigners say
They include a neolithic burial mound in Wiltshire and an Iron Age hill fort on the edge of Dartmoor.BBC News - 2d -
EU should force customers to buy less polluting products, companies say
Major fossil fuel and industrial groups push for mandatory requirements in letter to European climate commissionerFinancial Times - 4d -
UEFA Champions League standings: Perfect Liverpool close to top eight finish as PSG, Man City scrap to survive
The Reds boast six UCL wins from six as Paris Saint-Germain and Manchester City struggle with just two games leftCBS Sports - 4d -
Walmart says it's testing body cameras on some store employees
Walmart says retailing giant is testing pilot in one market, and no longer-term decisions have been made.CBS News - 4d -
Israel vows to maintain 'full freedom of action' in Gaza, says ceasefire is close
Israel's defense minister has vowed that it would maintain “full freedom of action” in the Gaza Strip after fighting ends in the Palestinian enclave, a day after raising hopes that a ceasefire and ...NBC News - 4d -
Brazilian Police Arrest Close Ally of Ex-President Bolsonaro, Official Says
Gen. Walter Braga Netto was Jair Bolsonaro’s running mate. The arrest was for meddling in an investigation into a plot to stage a coup, the police said.The New York Times - Dec. 14 -
Broadcom is closing in on $1 trillion market cap. Here’s how many other companies have achieved that lofty status.
Shares of Broadcom were soaring Friday following a bullish forecast on sales of artificial-intelligence chips, putting the company on the cusp of becoming the next member of the trillion-dollar club.MarketWatch - Dec. 14 -
Judge Says Former ByteDance Executive Lied in Suit Against Company
A judge said this week that a former executive at ByteDance seemed to have fabricated evidence and submitted false statements in a high-profile 2023 lawsuit against the company.The New York Times - Dec. 13 -
Macy's says it will close 65 stores this year
Macy's is accelerating store closures, with plans to shutter more than 50 locations.CBS News - Dec. 13 -
Broadcom stock closes up 24%, pushing company past $1 trillion market cap for the first time
Shares of Broadcom popped more than 24% Friday, pushing the company's market cap beyond $1 trillion for the first time.CNBC - Dec. 13 -
Suspect in CEO's killing wasn't insured by UnitedHealthcare, company says
Luigi Mangione, the suspect in the ambush killing of UnitedHealthcare’s CEO, was not insured by the company, the overarching business that owns it said.NBC News - Dec. 13 -
Florida woman accused of threatening insurance company, saying, 'Delay, deny, depose'
A Florida woman who is accused of ending a call to an insurance company with the words "delay, deny, depose" was charged Tuesday.The Hill - Dec. 12 -
AI company says its chatbots will change interactions with teen users
Character.AI users can create original chatbots or interact with existing bots. Two lawsuits allege those bots harmed teen users.CBS News - Dec. 12 -
A Beloved Toy Store Is Closing This Holiday Season. Are Shifting Social Media Algorithms to Blame?
Keewa Nurullah’s Kido boutique in Chicago’s South Loop found its stride online. Now, Instagram may be the Grinch.Inc. - Dec. 12 -
DNC chair candidates say the party needs to do a postmortem of the 2024 election
How Kamala Harris’ campaign burned through more than $1.4 billion in 15 weeks dominated the storyline of the vice president’s devastating loss to Donald Trump on Nov. 5.NBC News - Dec. 12 -
N.Y.C. Grocery Prices Are High. Could City-Owned Stores Help?
A New York City mayoral candidate wants the city to open its own, more affordable grocery stores. The idea has gained momentum in Chicago and other cities.The New York Times - Dec. 12 -
Selfridges’ Thai co-owner says it overpaid for luxury store portfolio
Head of Central Group family conglomerate says higher global interest rates make original £4bn price tag less attractiveFinancial Times - Dec. 12 -
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Surprise RBI governor pick signals India may cut rates as soon as February, economists say
India has appointed a new central bank governor in a surprising move that some experts say strengthens outlook for rate cuts early next year.CNBC - Dec. 10 -
He bought a KFC store in Australia for $100,000 in 1969. Today, his fast food company is worth over $3 billion
Jack Cowin, founder and chairman of Competitive Foods Australia, shares his "biggest break" in life, which ultimately made him a billionaire.CNBC - Dec. 9 -
Syrian rebels close in on crucial city of Homs
Thousands of people have been forced to leave parts of central Syria as rebel forces advance on the country's third-largest city of Homs. It would be a major win for the rebels, who have also ...CBS News - Dec. 6 -
Super Micro gets Nasdaq listing extension, says it can file financials by February
Super Micro said it received a letter from Nasdaq informing the company of the extension to stay listed.CNBC - Dec. 6 -
GameStop’s stock is trading at a level that ignores the company’s challenges, says Wedbush
The videogame retailer’s shares jumped following the latest cryptic post from influential trader Keith Gill, aka “Roaring Kitty.”MarketWatch - Dec. 6 -
Syrian rebels close in on third major city in two weeks as thousands flee
Thousands left the Syrian city of Homs after insurgents took Hama in their rapid assault on government forces and pushed further south.NBC News - Dec. 6 -
Yoon should not remain as South Korean president, his party leader says
The head of South Korean President Yoon Suk Yeol’s governing party on Friday signaled more openness to his removal as president for declaring martial law.NBC News - Dec. 6 -
Boeing whistleblower says company's "toxic culture" threatened workers' safety
A Boeing Space whistleblower spoke out about alleged retaliation he faced from the company, claiming there was a "toxic culture" that threatened workers' safety. The accusation comes as the company ...CBS News - Dec. 4 -
Almost 30 Percent of U.S. Drug Stores Closed in a Decade, Study Says
Closures by big chains and independent stores hit poorer neighborhoods hardest, researchers found.Inc. - Dec. 4 -
Volkswagen Says Urgent Measures Needed to Save Company
Volkswagen’s CEO warned staff that urgent measures are needed to secure the company’s future amid heightened competition, price pressure and high labor costs just as the European car market ...The Wall Street Journal - Dec. 4 -
Syrian rebels close in on symbolic victory in city synonymous with government brutality
Syrian rebel forces were on Wednesday within six miles of the central city of Hama, a city freighted with past horrors for antigovernment forces.NBC News - Dec. 4 -
How Amazon Aims to Feed Whole Foods’ Growth With Mini City Stores
Whole Foods is expanding its small format Daily Shop locations to offer fresh produce, groceries, and prepared meals for residents in metropolitan neighborhoods.Inc. - Dec. 3 -
Parthenon Sculptures deal 'close', ex-Greek official says
Sir Keir Starmer met the Greek PM for talks at Downing Street - but it was not clear if the issue was discussed.BBC News - Dec. 3