Macy's to close 14 stores as part of turnaround strategy: See the list
Macy’s is continuing its turnaround effort by announcing plans to close about 14 additional underperforming stores in early 2026.
Macy’s is continuing its turnaround effort by announcing plans to close about 14 additional underperforming stores in early 2026.
Saks Global files for bankruptcy after $2.7B Neiman Marcus acquisition deal
Saks Global Enterprises, the parent of Saks Fifth Avenue, has filed for Chapter 11 bankruptcy protection after missing a $100 million interest payment.
Saks Global Enterprises, the parent of Saks Fifth Avenue, has filed for Chapter 11 bankruptcy protection after missing a $100 million interest payment.
Meta cuts over 1,000 jobs in major metaverse retreat
Meta is cutting over 1,000 jobs, shifting its investment from Metaverse to wearable technology.
Meta is cutting over 1,000 jobs, shifting its investment from Metaverse to wearable technology.
Newsom says California wealth tax 'really damaging' as billionaires move money, businesses out of state
Gov. Gavin Newsom warned that California's proposed 5% billionaire wealth tax is "bad economics" as high-profile residents like Larry Page and Larry Ellison begin moving assets out of the state.
Gov. Gavin Newsom warned that California's proposed 5% billionaire wealth tax is "bad economics" as high-profile residents like Larry Page and Larry Ellison begin moving assets out of the state.
Costco opening new warehouse under affordable housing complex in South LA
The project, located at 5035 Coliseum Street in Baldwin Village, is expected to open in 2027.
The project, located at 5035 Coliseum Street in Baldwin Village, is expected to open in 2027.
Costco Camarillo warehouse and gas station construction now visible at site
The new Costco warehouse in Camarillo is under construction after years of planning, with site work and building structures now visible from the 101 Freeway.
The new Costco warehouse in Camarillo is under construction after years of planning, with site work and building structures now visible from the 101 Freeway.
Aldi is expanding across the US — find out where
Budget-friendly grocery chain Aldi is expanding its footprint in the U.S.
Budget-friendly grocery chain Aldi is expanding its footprint in the U.S.
California wealth tax proposal hemorrhages $1T as billionaires flee
California has lost $1 trillion as billionaires flee the Golden State due to the proposed wealth tax, which would impose a one-time 5% tax on their assets.
California has lost $1 trillion as billionaires flee the Golden State due to the proposed wealth tax, which would impose a one-time 5% tax on their assets.
BBB LipoMax warning: AI videos helping promote weight loss products
The BBB is issuing a warning that troubling deep-fake videos are circulating social media to help promote weight loss products. One includes Oprah promoting the “pink salt trick.”
The BBB is issuing a warning that troubling deep-fake videos are circulating social media to help promote weight loss products. One includes Oprah promoting the “pink salt trick.”
GameStop shutters more stores as retail apocalypse continues
GameStop, the former brick-and-mortar video game giant and meme stock, is continuing to close stores as it grapples with declining sales and the industry’s shift toward digital gaming.
GameStop, the former brick-and-mortar video game giant and meme stock, is continuing to close stores as it grapples with declining sales and the industry’s shift toward digital gaming.
This is America's most iconic company, according to nationwide survey
This organization topped Apple, Coca-Cola and Amazon in a recent survey.
This organization topped Apple, Coca-Cola and Amazon in a recent survey.
Credit scores are down in all 50 states: Here's where they dropped the most
Credit scores have dropped in all 50 states over the past year.
Credit scores have dropped in all 50 states over the past year.
Japanese sushi chain shatters record, pays $3.24 million for single bluefin tuna
Check out this single bluefin tuna that a Japanese sushi chain bought for more than $3 million at the famed New Year fish auction in Tokyo, shattering a previous record.
Check out this single bluefin tuna that a Japanese sushi chain bought for more than $3 million at the famed New Year fish auction in Tokyo, shattering a previous record.
Trump administration scales back proposed tariffs on Italian pasta makers following review
The U.S. is backing off proposed tariffs that threatened to deal a major blow to Italy's pasta industry, reducing duties on several leading producers.
The U.S. is backing off proposed tariffs that threatened to deal a major blow to Italy's pasta industry, reducing duties on several leading producers.
Tesla loses title as world’s biggest electric vehicle maker
Tesla has officially ceded its position as the world's leading electric vehicle manufacturer to China's BYD after reporting a 9% drop in 2025 deliveries amid rising political friction and the loss of key U.S. tax incentives.
Tesla has officially ceded its position as the world's leading electric vehicle manufacturer to China's BYD after reporting a 9% drop in 2025 deliveries amid rising political friction and the loss of key U.S. tax incentives.
What is BYD? The company that's dethroned Tesla as world's biggest EV maker
In 2025, the automaker sold more than 2 million vehicles to topple Tesla as the biggest producer of electric vehicles.
In 2025, the automaker sold more than 2 million vehicles to topple Tesla as the biggest producer of electric vehicles.
California plastic bag ban in effect: What to know
Shoppers using food assistance programs remain exempt from the paper bag fee.
Shoppers using food assistance programs remain exempt from the paper bag fee.
What’s open and closed on New Year’s Day 2026
Whether your stocking up on supplies or want to get an early start on new year's shopping, here's a list of what's open and closed in your area.
Whether your stocking up on supplies or want to get an early start on new year's shopping, here's a list of what's open and closed in your area.
Saugus Cafe, oldest restaurant in LA County, to close
The oldest restaurant in Los Angeles County, The Original Saugus Cafe, is set to shut its doors after nearly 140 years in business.
The oldest restaurant in Los Angeles County, The Original Saugus Cafe, is set to shut its doors after nearly 140 years in business.
Tech billionaires threaten to flee California over proposed 5% wealth tax
The proposal would impose a one-time 5% tax on the assets of California residents worth more than $1 billion.
The proposal would impose a one-time 5% tax on the assets of California residents worth more than $1 billion.