Michael Bender says Kohl's will not close more stores in 2026, focusing instead on optimizing existing locations.
Industry
United Airlines Announces Flight Reductions Amid Rising Jet Fuel Costs
United Airlines cuts 5% of flights amid soaring jet fuel prices, prioritizing safety and cost management.
Nexstar Expands Reach to 80% of U.S. TV Households After FCC Clears Tegna Deal
The FCC has approved Nexstar's acquisition of Tegna, expanding the broadcaster's reach to about 80% of U.S. TV households.
Zillow Criticized for Steering Users to Affiliated Agents, Penn Research Finds
A Penn study criticizes Zillow's agent connections as Compass drops its lawsuit over online home listing rules.
Delta CEO Criticizes Lawmakers for Forcing TSA Officers to Work Without Pay
Delta CEO Ed Bastian criticizes lawmakers as TSA workers go unpaid during the ongoing government shutdown.
Latest News
The DOJ says Paramount Skydance will not receive fast-track approval for its proposed acquisition of Warner Bros. Discovery.
Aldi recalls Simply Nature spinach bites after U.S. Food and Drug Administration warns of possible contamination.
Unilever and Kraft Heinz end merger talks that could have created a multi-billion-dollar global food company.
Diesel tops $5 and gas prices surge in the U.S. as global oil markets react to ongoing tensions with Iran.
Dell Technologies cuts workforce for the third year as it reduces costs and shifts focus toward AI-driven growth.
Elon Musk faces a jury verdict as Twitter shareholders accuse him of misleading investors during the $44 billion acquisition deal.
The SEC issues new guidance defining which cryptocurrencies are securities and introduces safe harbor rules for crypto startups.
McDonald's launches "McValue 2.0" with $3 items and $4 meals to attract budget-conscious customers amid rising prices.
JBS workers launch first U.S. meatpacking strike in 40 years, raising concerns over wages, supply, and beef prices.
