The 2024 Summer Olympics in Paris are set to see plenty of attendees — but travel data shows there are still opportunities for last-minute deal-hunters to capitalize on current market dynamics.…
Forever 21 seeks rent concessions as fast-fashion brand faces financial woes
Forever 21 is asking landlords for a break on rent as the legacy fast-fashion player’s sales decline and it struggles to keep up with savvier competitors, CNBC has learned. The…
Rite Aid shutting down 27 more locations, bringing closure total to nearly 550 nationwide
Rite Aid is closing 27 more locations as it continues to work through a bankruptcy proceeding, according to a new court filing. The store locations are in Ohio and Michigan.…
X boss Elon Musk tempers comments about advertisers as he looks to woo them back
Elon Musk on Wednesday tried to walk back remarks lashing out at advertisers fleeing his X social media platform. At the Cannes Lions advertising festival in Cannes, France, Musk was…
Tesla has downsized by at least 14% this year after Elon Musk said layoffs would exceed 10%
Tesla’s hefty downsizing in 2023 has reduced its global headcount to just over 121,000 people, including temps, internal records suggest, indicating that the automaker has slashed more than 14% of its…
LongHorn up, Olive Garden down: Darden earnings hint at dinings sales drag
Darden Restaurants on Thursday reported mixed quarterly results as Olive Garden’s same-store sales fell for the second consecutive quarter. For fiscal 2025, Darden is forecasting that its same-store sales will grow…
Polls say older voters want Social Security protections. Yet parties are tied for their support.
Voters, ages 50 and up, will have a strong influence on the November election. And politicians who want to win their vote would be wise to emphasize personal economic issues that…
Former President Trump’s legal team is back in court on Monday after a Friday hearing in which both sides argued the legality of Special Counsel Jack Smith’s appointment in the…
Former Trump national security adviser details potential game plan to divide ‘axis of evil’
Former Trump administration national security adviser Robert O’Brien on Sunday laid out a potential game plan to divide the so-called ‘axis of evil’ as relations continue to grow between Russia,…
Biden backers express ‘depression’ after Trump’s massive fundraising haul: report
Donors to President Biden’s re-election campaign are feeling the heat after former President Trump’s recent fundraising hauls erased what was seemingly an insurmountable cash gap. ‘There was the strategy of…