Rite Aid is closing 27 more locations as it continues to work through a bankruptcy proceeding, according to a new court filing. The store locations are in Ohio and Michigan. More than 520 have been closed since Rite Aid filed for reorganization in October — about a quarter of its…
Elon Musk on Wednesday tried to walk back remarks lashing out at advertisers fleeing his X social media platform. At the Cannes Lions advertising festival in Cannes, France, Musk was asked by WPP CEO Mark Read what he meant by telling advertisers threatening to pull ads from the platform late…
Tesla’s hefty downsizing in 2023 has reduced its global headcount to just over 121,000 people, including temps, internal records suggest, indicating that the automaker has slashed more than 14% of its workforce so far this year. The latest figure is not from precise payroll data, but from the number of people…
Darden Restaurants on Thursday reported mixed quarterly results as Olive Garden’s same-store sales fell for the second consecutive quarter. For fiscal 2025, Darden is forecasting that its same-store sales will grow just 1% to 2%. Shares of the company rose more than 2% in premarket trading. Darden reported fiscal fourth-quarter net…
Voters, ages 50 and up, will have a strong influence on the November election. And politicians who want to win their vote would be wise to emphasize personal economic issues that affect them, particularly Social Security, according to a new AARP poll of likely voters from the 44 most competitive congressional districts. When asked…
Drugs used to treat HIV are to be trialled in people with incurable multiple brain tumours. Scientists think ritonavir and lopinavir could shrink tumours in patients with neurofibromatosis 2 (NF2), a genetic condition where tumours grow along nerves. The tumours are normally non-cancerous but can cause symptoms such as balance…
Two people have been arrested on suspicion of running an illegal exchange thought to have traded more than £1bn worth of cryptocurrency. The Financial Conduct Authority (FCA) searched the London offices of the suspects, aged 38 and 44, while the Metropolitan Police seized digital devices from two residential properties in…
The future of new oil and gas projects in the UK has been thrown into doubt following a landmark decision by the Supreme Court. The court concluded the environmental impact of emissions from burning fossil fuels must be considered in planning applications for new extraction projects – not just the…
TikTok has launched a long-awaited legal fight to stop its Chinese owner being forced to sell the short video platform’s US operations, arguing it violates Americans’ rights to free speech. TikTok and Chinese parent ByteDance were told in April they had until January next year to divest TikTok in the…
Microplastics have been found in penises for the first time, with scientists raising questions about their impact on sexual health. A study, published in science journal Nature, assessed the tissue from six men who had undergone surgery treating erectile dysfunction. In 80% of the samples, seven types of microplastics were…