Advance Auto Parts is embarking on a sweeping operational reset, closing more than 700 stores to focus on a hub-and-spoke model while launching a revamped 'Advance Rewards' loyalty program. The moves, under CEO Shane O'Kelly, aim to sharpen competitiveness against giants like AutoZone and O'Reilly.
A temporary spending bill ends a brief government shutdown, while a would-be assassin of former President Trump faces sentencing. Other headlines include murder charges for Jill Biden's ex-husband, renewed US-Iran nuclear talks, and a sharp decline in Bitcoin's value.
CK Hutchison Holdings initiates international arbitration proceedings following a Panamanian Supreme Court ruling that declared its subsidiary's port concession unconstitutional. The move escalates a diplomatic and commercial dispute, with China warning of severe consequences for Panama.
CK Hutchison Holdings initiates international arbitration following Panama's Supreme Court ruling that its subsidiary's port concession is unconstitutional, escalating a dispute with geopolitical undertones involving China and the U.S.
Parent company Darden Restaurants announces the closure of all remaining Bahama Breeze locations by April 5, with half the sites slated for conversion to other brands in its portfolio.
Hong Kong's CK Hutchison Holdings has initiated international arbitration against Panama following a Supreme Court ruling that voided its concession to operate key ports at the Panama Canal. The move escalates a geopolitical and commercial dispute over control of the vital waterway, with the Panamanian government assuring operations continue 'without disruption.'
Digital asset prices found a floor Tuesday after a volatile session, as investor anxiety eased following the passage of a stopgap funding bill in Congress to end a brief government shutdown.
A four-day partial government shutdown concluded Tuesday as President Trump signed a stopgap funding package, following a razor-thin House vote that underscored deep political divisions, particularly over Homeland Security funding.
As a partial government shutdown enters its second week, taxpayers are questioning the potential impact on IRS operations and the upcoming tax filing season. While the agency remains open for now, experts warn of possible delays depending on the shutdown's duration and scope.
A short-lived partial government shutdown concluded Tuesday after the House approved a bipartisan funding extension, following a deal brokered between the White House and Senate Democrats.
ExxonMobil is closing its Fife ethylene plant in Scotland, impacting the local community, as it simultaneously brings a flagship carbon capture and storage project online in Louisiana, signaling a strategic pivot in its global operations and climate strategy.
A last-minute deal averts a prolonged government shutdown as Speaker Mike Johnson rallies fractious GOP members to advance a Senate-crafted funding package, despite internal rebellion over election security demands.
A four-day partial government shutdown appears set to conclude after the House narrowly passed a funding package, sending it to President Trump for his expected signature following intense White House pressure on Republican holdouts.
While a swift resolution to the partial government shutdown may avert immediate refund delays, experts warn that deeper issues within the IRS and recent tax law changes pose a greater threat to timely returns and homeowner savings.
A key procedural vote in the House of Representatives has set the stage for a final vote to fund major government agencies, likely ending a four-day partial shutdown after intense White House lobbying swayed Republican holdouts.
Avis Budget Group is closing Zipcar's Boston headquarters, laying off 128 employees and moving core operations to its New Jersey base, marking a significant shift for the pioneering car-sharing brand it acquired in 2013.
Saks Off 5th is closing the majority of its stores, including two in New York's Lower Hudson Valley, as parent company Saks Global Enterprises pivots to focus on its core luxury retail business. The move follows recent leadership changes and a major financial restructuring.
After four days of a partial government shutdown, a deal brokered under intense White House pressure is set for a final House vote, aiming to reopen key agencies. However, a separate, contentious battle over funding for the Department of Homeland Security has been deliberately postponed, setting the stage for another political clash.
House Speaker Mike Johnson confronts a pivotal procedural vote Tuesday to end the partial government shutdown, navigating a razor-thin Republican majority and internal defiance despite former President Trump's directive against any changes to the funding measure.
The U.S. House of Representatives is scheduled to vote Tuesday on a critical spending package designed to end a partial government shutdown that began over the weekend, as lawmakers scramble to restore operations for affected agencies.
