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…
Advanced Micro Devices CEO Lisa Su said China is a “large opportunity” market for the semiconductor and artificial intelligence industry even as export controls…
A federal judge ruled on Monday that a class action lawsuit alleging that Burger King falsely advertised the size…
National Basketball Association superstar Russell Westbrook is taking a shot off the court at simplifying funeral planning with artificial…
McDonald’s reported its worst quarterly sales for the United States since the height of the pandemic in 2020, the…
Tech is saving Hollywood — though not in the way you might think. Back in 2022, e-commerce giant and…
Shares of Tesla were flat in premarket trading Thursday after the EV maker denied a Wall Street Journal report that its…
Amazon founder Jeff Bezos plans to sell up to 25 million shares in the company over the next year, according to a…