Claire's files for bankruptcy again

The mall-based jewelry chain estimates assets and liabilities between $1B and $10B in its Delaware court filing.

Virginia ranks among top states for startup survival

A new study has found that Virginia is one of the best states in the nation for new businesses to survive, ranking 6th overall in five-year startup survival rates. 

Boeing workers who build fighter jets go on strike. What we know

Workers at three manufacturing plants walked off the job after turning down a proposed labor deal that included pay increases and bonuses.

Initiative 82: DC Council votes to limit tipped wage hikes

The D.C. Council on Monday voted 7–5 to partially repeal Initiative 82, a law aimed at gradually raising the tipped minimum wage to match the city’s standard minimum wage.

McDonald's testing CosMc's-inspired drinks at restaurants

The drinks are concepts from CosMc’s, the chain’s all-beverage store concept which launched in 2023 and closed earlier this summer.

Rite Aid closing 114 more stores across multiple states

Rite Aid is planning to shutter locations nationwide, including in states like Pennsylvania, California and New York.

Subway hires former Burger King exec Jonathan Fitzpatrick as new CEO

Subway has named Jonathan Fitzpatrick, a former Burger King executive and head of Driven Brands, as its new CEO following its 2024 acquisition by private equity firm Roark Capital.

Trump administration aims to roll back more than 60 workplace safety rules

The U.S. Department of Labor has proposed eliminating dozens of labor protections, including minimum wage rules for home health workers and safety standards in construction, agriculture, and mining.

Paying off credit card debt in these states will take the longest, study finds

Credit card debt can feel overwhelming to tackle but residents in these states are finding it more challenging to pay it off quicker than others.

Target announces new stores openings this year across six states

As part of a plan to open new locations, Target is launching the stores this year while investing in supply chains and new initiatives.

1 in 4 credit card debtors believes they will never be free of debt

A new survey finds 23% of credit card debtors believe they’ll never be debt-free, with most citing emergency expenses and everyday costs as the main cause.