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Investing

Walgreens to go private in roughly $10 billion deal

Struggling drugstore chain Walgreens is going private.  The company on Thursday said it inked a deal with private equity firm Sycamore Partners that will take it…

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Investing

Applebee’s owner Dine Brands to lean on value, marketing to reverse sales declines

Dine Brands hopes to boost sales this year with a wider swath of value meals and buzzier advertising after a rough 2024 for…

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Investing

Macy’s turnaround hinges on revamping some stores and closing others. It appears to be working.

Macy’s delivered another quarter of mixed results on Thursday as investors wait and see how quickly CEO Tony Spring can pull off a…

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Investing

Macy’s turnaround hinges on revamping some stores and closing others. It appears to be working

Macy’s delivered another quarter of mixed results on Thursday as investors wait and see how quickly CEO Tony Spring can pull off a…

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Investing

Rare Michael Jordan, Kobe Bryant rookie jerseys expected to sell for $20 million at auction

Rare pieces of memorabilia from two of the National Basketball Association’s biggest icons are hitting the auction block and are expected to…

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Investing

Trump could scale back Canada, Mexico tariffs Wednesday, Lutnick says

President Donald Trump will “probably” announce tariff compromise deals with Canada and Mexico soon, Commerce Secretary Howard Lutnick said Tuesday. The potential agreements would…

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Investing

Starbucks poaches Nordstrom CFO as executive shake-up continues

Starbucks announced Tuesday that Nordstrom CFO Cathy Smith will join the company as its new chief financial officer, replacing longtime veteran Rachel Ruggeri. The executive…

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Investing

How a $5 million fix turned Paramount Pictures’ ‘Sonic’ into a billion-dollar franchise

Sonic the Hedgehog may be able to run faster than the speed of light, but his film franchise nearly came to a…

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Investing

Domino’s Pizza finally launches stuffed crust to keep customers away from rivals

Domino’s Pizza is finally releasing its own version of stuffed crust on Monday, aiming to win over the customers who are willing to…

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Investing

Kroger chairman and CEO resigns following investigation into personal conduct

Kroger Chairman and CEO Rodney McMullen has resigned after an internal investigation into his personal conduct. Kroger, the nation’s largest grocery chain,…

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