Bed Bath & Beyond sells $1B in stock to avoid bankruptcy
Bed Bath & Beyond reportedly has lined up investors for a last-minute cash infusion to help the struggling home-goods retailer avoid bankruptcy — but experts...
Inflation fight may last ‘quite a bit of time:’ Jerome Powell
Federal Reserve Chair Jerome Powell said Tuesday the latest employment report showed the process for getting inflation back near the central bank’s 2% target will take “quite...
James Dolan open to selling minority stakes in Knicks, Rangers: MSG exec
Controversial Knicks and Rangers owner James Dolan is open to selling minority stakes in either sports franchise, his company revealed during an earnings call Tuesday....
Finance big Ian Snow & gal pal accused of racial harassment
A legal complaint accuses high-flying financial equity manager Ian K. Snow of racial harassment and discrimination. Snow and his “significant other,” Elyse Dula — who...
GOP, Manchin aim to block Biden-backed ESG investing rule
A Republican-led group of 50 US senators is aiming to reverse a Biden administration-backed rule that they claim is effectively “politicizing Americans’ 401(k)s” by allowing...
AMC to charge more for good seats in movie theaters
Middle seats at many US movie theaters just got more expensive. AMC Theaters, the nation’s largest movie theater chain, on Monday unveiled a new pricing...
Inflation-battered shoppers turn to dollar stores for groceries
High prices in the supermarket aisles for basic food items like eggs, milk and butter have driven more shoppers to seek out bargains at dollar...
‘Big mistake’ to think US economy ‘out of the woods’
The US economy still isn’t “out of the woods” despite recent signs of cooling inflation and stronger-than-expected economic data, ex-Treasury Secretary Larry Summers warned. Summers...
‘CNN This Morning’ crew keeps it civil after Don Lemon tantrum
Don Lemon and his “CNN This Morning” co-hosts made no mention of any on-set turmoil Monday as all three appeared together for the first time...
Harvey Schwartz named CEO of Carlyle Group
Carlyle Group on Monday appointed former Goldman Sachs executive Harvey Schwartz as its chief executive officer, taking on the tasks of driving the private equity firm’s earnings, growing its assets under...