Business

Walmart on Monday confirmed that it’s ending some of its diversity initiatives, removing some LGBTQ-related merchandise from its website and winding down a nonprofit that funded programs for minorities. The nation’s…

Abercrombie & Fitch isn’t giving up its crown anytime soon.  The apparel company issued strong holiday guidance on Tuesday after posting its sixth straight quarter of double-digit sales growth and another…

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 Jan. 15. He will leave the position he held…

Kenneth Leech, the former co-chief investment officer of Western Asset Management Co, was charged by U.S. authorities on Monday with running a fraudulent “cherry-picking” scheme where he improperly favored some…

Many U.S. retailers are hoping to put the fall quarter behind them. The decisive outcome of this month’s presidential election, which showed a GOP sweep, seems to be giving them…

Amazon workers in more than 20 countries, including the United States and the United Kingdom, plan to hold protests or go on strike between Black Friday and Cyber Monday, two…

Macy’s on Monday said an employee responsible for managing accounting for small package deliveries concealed up to $154 million in expenses over the course of nearly three years. The person…

California Gov. Gavin Newsom said the state will provide rebates to residents if President-elect Donald Trump’s incoming administration does away with a federal tax credit for electric vehicles. In a…

If you’re a Microsoft 365 user, this Monday may have been a little more frustrating for you than usual. The product family of software announced early Monday morning that it…

Spanish retailer Mango is embarking on a bold expansion plan in the U.S. as it looks to shed its fast-fashion image and position itself as a premium brand.   The privately…