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Party City to close its stores as company files for bankruptcy
Party City announced that it's going to “wind down” its retail and wholesale operations as it prepares to shutter nearly 700 stores nationwide
December 22, 2024Trump threatens to try to take back the Panama Canal. Panama's president balks at the suggestion
Donald Trump is suggesting that his new administration could try to regain control of the Panama Canal
December 22, 2024Many Americans have come to rely on drones. Now lawmakers want to ban them.
The economic and technological rivalry between the U.S. and China has come to the drone market, where Chinese-made flying devices are a dominant player in America
December 23, 2024
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December 23
Biden to decide on US Steel deal after panel fails to reach consensus
A powerful government panel has failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel of Japan to purchase U.S. Steel
December 23
December 23
Why Amazon workers face difficulty disrupting deliveries through organized protests
There is little evidence of delays, but customers may be impacted, experts say.
December 23
December 23
Starbucks strike expands, closes nearly 60 US stores
A five-day strike by Starbucks baristas had closed at least 59 stores as of Monday afternoon, according to the union organizing the workers
December 23
December 23
Company official charged in 2022 oil-chemical discharge into Michigan's Flint River
A chemical company official has been charged in connection with the unauthorized discharge of oil that left a miles-long dark, oily sheen on the Flint River in Michigan
December 23
December 23
Starbucks strike expands to 12 cities
Striking baristas brought business to a halt in almost 50 stores nationwide on Sunday across multiple cities, Workers United said. ABC News' Alexis Christoforous reports.
December 23
December 23
Starbucks strike expands to 12 cities
Workers have escalated the strike each day since it began on Friday.
December 23
December 23
Government regulators close investigation into Ford Focus recalls
Government safety regulators are closing an investigation into two previous recalls of the Ford Focus after determining that Ford Motor Co. has satisfied its concerns
December 23
December 23
AI eavesdrops on world's wildest places to track, help protect endangered wildlife
A biologist hid 350 audio monitors across Costa Rica’s tropical rainforests to spy on endangered spider monkeys in order to help protect them
December 23
December 23
American consumers feeling less confident in December, Conference Board says
American consumers are feeling less confident in December, a business research group says
December 23
December 23
Nigerian agency 'failed completely' to clean up oil damage despite funding, leaked files say
In Nigeria, the first part of a $1 billion project to clean up Ogoniland in the Niger Delta, where there have been thousands of oil spills, was a “total failure.”
December 23
December 23
Nordstrom to be acquired by Nordstrom family and Mexican retail group for $6.25B
Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group for $6.25 billion, the company said Monday
December 23
December 23
A Maui program kept Lahaina families together by paying households to take in fire survivors
As many as one-third of people displaced by the August 2023 Maui fires wound up in the homes of friends and family in the weeks after the disaster
December 23
December 23
The Container Store, buffeted by rough housing market, seeks bankruptcy protection
The Container Store has filed for bankruptcy protection, as the storage and organizational goods retailer with roots dating back to 1978 grapples with mounting losses and cash flow shortages
December 23
December 23
Honda, Nissan announce plans to merge
The merge would create the world’s third-largest automaker by sales as the industry undergoes dramatic changes in its transition away from fossil fuels.
December 23
December 23
Romanian lawmakers narrowly approve new pro-European coalition during period of political turmoil
Romanian lawmakers have voted narrowly in favor of a new pro-European coalition government led by incumbent Prime Minister Marcel Ciolacu
December 23
December 23
Nissan, Honda announce plans to merge, creating world's No. 3 automaker
Japanese automakers Nissan and Honda have announced plans to work toward a merger that would catapult them to a top position in an industry in the midst of tectonic shifts as it transitions away from its reliance on fossil fuels
December 23
December 23
Many Americans have come to rely on drones. Now lawmakers want to ban them.
The economic and technological rivalry between the U.S. and China has come to the drone market, where Chinese-made flying devices are a dominant player in America
December 23
December 22
Trump threatens to try to take back the Panama Canal. Panama's president balks at the suggestion
Donald Trump is suggesting that his new administration could try to regain control of the Panama Canal
December 22
December 22
Party City to close its stores as company files for bankruptcy
Party City announced that it's going to “wind down” its retail and wholesale operations as it prepares to shutter nearly 700 stores nationwide
December 22
December 22
A million taxpayers will soon receive up to $1,400 from the IRS
Approximately 1 million taxpayers will automatically receive special payments.
December 22
December 22
A race is on to clean up shorelines off Crimea after tons of oil spills from damaged Russian ships
Cleanup continues in the Kerch Strait near Russian-occupied Crimea, a week after at least 3,700 tons of low-grade fuel oil spilled out of two storm-stricken Russian tankers
December 22
December 22
Custom clocks designed for Pennsylvania's Capitol a century ago still ticking
Capitol buildings are almost always an imposing presence
December 22
December 22
'You'll be screaming': Maserati exec makes the case for the brand's new engine
"My main obsession is to be respectful to the brand."
December 22
December 21
Albania to close TikTok for a year blaming it for promoting violence among children
Albania’s prime minister says the government will shut down video service TikTok for one year, blaming it for inciting violence and bullying, especially among children
December 21
December 20
NTSB trying to determine why tractor-trailer stopped on train tracks before deadly West Texas crash
Federal officials investigating the deadly West Texas collision between at Union Pacific train and a tractor-trailer hauling heavy equipment are trying to determine why the tractor-trailer was stopped on the tracks
December 20
December 20
Government funding difficulties create gloom for federal workers before Christmas
Johnny Zuagar says he’s tried to hide his worries about a potential government shutdown from his three boys as he weighs how much to spend on Christmas presents
December 20
December 20
Amazon and Starbucks workers are on strike over the holidays. Here's why.
“This is a time when both companies make a lot of money,” one expert said.
December 20
December 20
Big Lots conducts going-out-of-business sales after sale of company falls through
Discount chain Big Lots is conducting going--out-of-business sales at its remaining locations after a sale of the company didn’t materialize
December 20
December 20
VW wage deal for 120,000 German workers avoids layoffs, plant closures
Volkswagen’s employee representatives say they have reached a wage deal
December 20
December 20
What changes should small businesses be aware of for 2025?
For small businesses, the biggest change for the new year will be the arrival of a presumably more business-friendly administration in Washington
December 20
December 20
President-elect Trump transfers close to $4B worth of his Trump Media shares to trust
Shares of Trump Media and Technology Group slid in midday trading Friday after President-elect Donald Trump transferred all of his shares into a revocable trust, according to a regulatory filing
December 20
December 20
Bitcoin price falls 12% after record highs earlier in week
The world’s largest cryptocurrency is still up around 36% since Election Day.
December 20
December 20
Italy's privacy watchdog fines OpenAI for ChatGPT's violations in collecting users personal data
Italy’s data protection authority says it has fined OpenAI $15.6 million after wrapping up a probe into the collection of personal data by its generative artificial intelligence chatbot ChatGPT
December 20
December 20
Price of bitcoin falls more than 10%
The drop erases some of the gains enjoyed since the election of Trump.
December 20
December 20
Senate eyes vote before midnight on government funding after House approves bill to prevent shutdown
Approaching a midnight deadline, the Senate is preparing to give final approval to a new plan to prevent a government shutdown
December 20
December 20
Nuna Baby Essentials is recalling over 600,000 child car seats because harness may not hold children
Nuna Baby Essentials is recalling nearly 609,000 child car seats because the harness adjuster can loosen and the seats may not restrain children
December 20
December 20
FIFA signs Netflix to US broadcast deal for the Women's World Cup in 2027 and 2031
FIFA has signed Netflix to a United States broadcast deal for the Women’s World Cup in 2027 plus the 2031 edition that could be played in the U.S. The deal announced Friday is the most significant FIFA has signed with a streaming service for a major to...
December 20
December 20
Federal Reserve's preferred inflation gauge shows price pressures eased last month
An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures cooled after two months of sharp gains
December 20
December 20
The Latest: Schumer says Senate on course to pass bill before funding lapses at midnight
With hours to go before a midnight government shutdown, the House has approved a new plan from House Speaker Mike Johnson that would temporarily fund federal operations and disaster aid, but dropped President-elect Donald Trump’s demands for a debt lim...
December 20
December 20
Crowds in Mayotte vent frustration with cyclone response as Macron tours devastation
Crowds in Mayotte have vented their frustration at French President Emmanuel Macron, with some booing
December 20
December 20
Tesla recalling almost 700,000 vehicles due to tire pressure monitoring system issue
Tesla is recalling almost 700,000 vehicles because of an issue with the warning light on the tire pressure monitoring system
December 20
December 20
Teamsters say 'momentum continues' as strike against Amazon enters 2nd day
Amazon said the strike was not expected to impact operations.
December 20
December 20
More student loans canceled in Biden's final round of forgiveness before leaving office
The Biden administration says it is canceling federal student loans for another 55,000 public service workers through an existing forgiveness program
December 20
December 20
Starbucks workers plan strikes that could spread to hundreds of US stores by Christmas Eve
Workers at Starbucks stores plan to go on a five-day strike starting Friday to protest lack of progress in contract negotiations with the company
December 20
December 20
Rising butter prices give European consumers and bakers a bad taste
Creamy, delectable – and pricey
December 20
December 19
Teamsters president to rally with workers as Amazon strike set to go into 2nd day
The move comes after the union says Amazon has refused to bargain with workers.
December 19
December 19
It's beginning to look like another record for holiday travel
Drivers and airline passengers without reindeer and sleighs better make a dash for it: it’s beginning to look like another record for holiday travel in the U.S. The auto club AAA predicts that more than 119 million people will travel at least 50 miles ...
December 19
December 19
76ers win city council nod to build $1.3B downtown stadium and leave South Philadelphia
The Philadelphia 76ers have won city council approval for a $1.3 billion downtown arena despite vocal opposition from nearby residents
December 19
December 19
Musk ascends as a political force beyond his wealth by tanking budget deal
Elon Musk’s role in taking down a bipartisan budget deal shows his ascendance as a political force
December 19
December 19
Farmers, business owners, fire survivors face uncertainty after $100B in disaster relief flounders
American farmers, small business owners and wildfire survivors are among those who will suffer if Congress cannot agree on a new spending bill after President-elect Donald Trump abruptly rejected a bipartisan plan that included more than $100 billion i...
December 19