Stop & Shop closing 32 underperforming grocery stores in the Northeast Posted August 12, 2024 Stop & Shop said it will close 32 underperforming grocery stores in the Northeast U.S. by the end of the year. The chain, which is owned by the Dutch supermarket company Ah…
Hong Kong’s government seeks to regulate online car-hailing platforms, a move likely to affect Uber Posted August 8, 2024 The Hong Kong government is seeking to regulate online car-hailing platforms through licensing and impose tougher penalties on illegal ride services, a move likel…
Air travel is getting worse. That’s what passengers are telling the US government Posted August 4, 2024 Air travel got more miserable last year, if the number of consumer complaints filed with the U.S. government is any measure. The Transportation Department said that it received…
Millions in Nigeria have little to no electricity, straining businesses and public services Posted July 28, 2024 About half of Nigeria’s more than 200 million people are hooked up to a national electricity grid that can't provide sufficient daily electricity to most of those…
Luxury sales flattening, amid creativity crisis and price hikes Posted July 19, 2024 The post-pandemic surge in global sales of luxury handbags, shoes, and apparel is set to stall this year, according to a new study by the Bain and Company consultancy. Amid a crea…
The IRS wants to end another major tax loophole for the wealthy and raise $50 billion in the process Posted July 13, 2024 The Internal Revenue Service (IRS) plans to end a major tax loophole for wealthy taxpayers that could raise more than $50 billion in revenue over the next decade,…
Demand for food delivery has skyrocketed. So have complaints about some drivers Posted July 8, 2024 A soaring demand for food delivered fast has spawned small armies of couriers—and increasing alarm—in big cities where scooters, motorcycles and mopeds zip in and…
Coffee, sculptures, and financial advice. Banks try to make new branches less intimidating Posted July 5, 2024 After years of closing or mostly neglecting physical bank branches across the U.S., the nation’s largest banks are spending hundreds of millions of dollars on refurbishing old loc…
Ford refurbishes old train station, a former eyesore that had become a symbol of Detroit’s decline Posted July 3, 2024 The once-blighted, monolithic Michigan Central train station was for decades a symbol of Detroit’s decline. It now has new life following a massive six-year, mult…
Expect the cost of your airfare to continue to rise, an aviation trade group and industry heads warn Posted June 29, 2024 The cost of your next flight is likely to go up. That's the word from the International Air Transport Association, which held its annual meeting in Dubai, home to the long…