Industry

7-Eleven plans to close 645 North American stores in 2026 as parent company Seven & i shifts strategy amid inflation and changing consumer habits.

Disney cuts 1,000 jobs in a major restructuring under new CEO Josh D'Amaro, impacting film, TV, ESPN, and corporate divisions.

Mercedes-Benz recalls over 24,000 vehicles from 2018–2020 due to a drive shaft defect that may increase crash risk, NHTSA says.

McDonald's is launching new refreshers, sodas, and energy drinks to compete in the growing beverage market and attract budget-conscious customers.

FedEx CFO John Dietrich will step down after the FedEx Freight spinoff, as the company continues its major restructuring plan.

USPS proposes raising stamp prices to 82 cents as part of a new mailing rate increase aimed at addressing financial pressure and rising costs.

Chinese automakers boost global exports as domestic car sales decline, led by strong EV demand and expanding overseas markets in 2026.

USPS pauses pension contributions to conserve cash as financial losses raise concerns about a potential funding crisis.

The DOJ investigates the NFL's broadcast model over rising costs and concerns it may limit competition and fan access.

Elon Musk's xAI has filed a lawsuit to block Colorado's new AI law, arguing it violates free speech and could slow down AI development in the U.S.

FCC proposes new restrictions on Chinese telecom firms, citing national security risks and tighter control over U.S. networks.

A28 Olympic ticket prices spark backlash as CEO Reynolds Hoover defends costs and promises more affordable ticket releases.

FedEx pilots secure a tentative deal with major pay raises and retroactive bonuses after nearly five years of negotiations.

Disney plans to lay off up to 1,000 employees as new CEO Josh D'Amaro begins leadership amid ongoing cost-cutting efforts.

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7-Eleven North America To See 645 Store Closures as Parent Company Reshapes Operations