U.S. pharmacy chain Rite Aid on Monday filed for bankruptcy protection for the second time in as many years, according to a court filing. Pharmacy chains, such as Rite Aid, Walgreens and CVS, have been under pressure as falling drug margins and competition from Walmart and Amazon have led to a closure…
Footwear giant Skechers has agreed to be acquired by private equity firm 3G Capital for $63 per share, ending its nearly…
Chinese bargain retailer Temu changed its business model in the U.S. as the Trump administration’s new rules on low-value shipments took…
Netflix is on a winning streak. The streaming giant’s stock has traded for 11 straight days without a decline, the…
Amazon founder Jeff Bezos plans to sell up to 25 million shares in the company over the next year, according to a…
Data center demand is not slowing down in the world’s largest market centered in northern Virginia, executives at Dominion Energy said…
Pfizer CEO Albert Bourla on Tuesday said uncertainty around President Donald Trump’s planned pharmaceutical tariffs is deterring the company from further investing…
Shares of Tesla were flat in premarket trading Thursday after the EV maker denied a Wall Street Journal report that its…
Nvidia blasted Anthropic Thursday in a rare public clash over artificial intelligence policy with U.S. chip export restrictions set to take effect. “American firms should focus…