Business
Kohl’s CEO Tom Kingsbury to step down and be replaced by Michaels CEO Ashley Buchanan
Kohl’s is getting a new CEO, its third since 2018. The off-mall department store’s current CEO Tom Kingsbury is stepping down...
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Judge says he must still approve sale of Infowars to The Onion
A federal judge said Monday he may hold an evidentiary hearing next month to help determine whether to approve the...
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Macy’s says employee hid up to $154 million in expenses since 2021
Macy’s on Monday said an employee responsible for managing accounting for small package deliveries concealed up to $154 million in...
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‘Wicked’ tallies $19M in previews, as ‘Gladiator II’ team-up heads for $200M opening weekend
The box office this weekend will be painted pink and green, with a splash of red. Universal’s “Wicked” and Paramount’s “Gladiator II” arrive...
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Amazon to invest another $4 billion in Anthropic, OpenAI’s biggest rival
Amazon on Friday announced it would invest an additional $4 billion in Anthropic, the artificial intelligence startup founded by ex-OpenAI research...
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CFPB expands oversight of digital payments services including Apple Pay and Cash App
The Consumer Financial Protection Bureau on Thursday issued a finalized version of a rule saying it will soon supervise nonbank firms that offer financial...
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SEC Chair Gary Gensler will step down Jan. 20, making way for Trump replacement
Securities and Exchange Commission Chair Gary Gensler will resign on Jan. 20, the agency announced Thursday, paving the way for...
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India’s 2nd-wealthiest person charged by U.S. in $250 million bribery scheme
U.S. prosecutors have charged Gautam Adani, India’s second-richest person, with fraud over accusations that he and several alleged co-conspirators sought...
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McDonald’s preparing a 2025 ‘McValue’ offering
McDonald’s is preparing 2025 value offerings in a bid to hang onto customers who are fed up with high costs at...
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