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7-Eleven to close hundreds of US locations before end of 2024
Tim Boyle/Getty Images(NEW YORK) -- 7-Eleven will close more than 400 of its "underperforming stores" across the U.S. and Canada in an effort to reduce costs and bolster earnings before the end of the year.Seven & I Holdings, the Tokyo-based parent...
Oct 14, 2024
Boeing to cut approximately 17,000 jobs over the coming months
Dominika Zarzycka/NurPhoto via Getty Images(NEW YORK) -- Boeing will reduce the size of its total workforce by 10% over the coming months, CEO Kelly Ortberg said in a letter to employees on Friday.That amounts to around 17,000 jobs, based on the compan...
Oct 11, 2024
How inflation largely came back to normal, according to experts
Andrew Harnik/Getty Images(NEW YORK) -- Inflation has loomed over the U.S. economy like a movie villain, haunting grocery store trips and gas runs. While costs remain much higher than they were a few years ago, those rapid price increases have mostly v...
Oct 11, 2024
Gas shortages caused by Hurricane Milton will take days to address, experts say
Spencer Platt/Getty Images(TAMPA, Fla.) -- Hurricane Milton left widespread gasoline shortages across Florida after it made landfall on Wednesday night and cut across the state. The damage exacerbated fuel outages that began before the storm arrived, a...
Oct 10, 2024