Kohl’s is getting a new CEO, its third since 2018. The off-mall department store’s current CEO Tom Kingsbury is stepping down effective…
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Editor’s Pick
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Kenneth Leech, the former co-chief investment officer of Western Asset Management Co, was charged by U.S. authorities on Monday with running…
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Abercrombie & Fitch isn’t giving up its crown anytime soon. The apparel company issued strong holiday guidance on Tuesday after posting its…
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A federal judge said Monday he may hold an evidentiary hearing next month to help determine whether to approve the sale…
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Macy’s on Monday said an employee responsible for managing accounting for small package deliveries concealed up to $154 million in expenses…
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Editor's Pick
Gov. Gavin Newsom says he will provide residents rebates if Trump removes EV tax credit
by adminCalifornia Gov. Gavin Newsom said the state will provide rebates to residents if President-elect Donald Trump’s incoming administration does away with…
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Editor's Pick
‘Wicked’ tallies $19M in previews, as ‘Gladiator II’ team-up heads for $200M opening weekend
by adminThe box office this weekend will be painted pink and green, with a splash of red. Universal’s “Wicked” and Paramount’s “Gladiator II” arrive ahead…
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Amazon on Friday announced it would invest an additional $4 billion in Anthropic, the artificial intelligence startup founded by ex-OpenAI research executives.…
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Editor's Pick
SEC Chair Gary Gensler will step down Jan. 20, making way for Trump replacement
by adminSecurities and Exchange Commission Chair Gary Gensler will resign on Jan. 20, the agency announced Thursday, paving the way for President-elect…
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Editor's Pick
CFPB expands oversight of digital payments services including Apple Pay and Cash App
by adminThe Consumer Financial Protection Bureau on Thursday issued a finalized version of a rule saying it will soon supervise nonbank firms that offer financial services…