Shares of U.S. Cellular popped nearly 6% Tuesday after T-Mobile announced that it plans to acquire most of the company, including the wireless operator’s stores, some of its spectrum assets and its customers in a deal worth $4.4 billion. The deal includes cash and up to $2 billion of debt, according to a press release…
American Eagle on Wednesday said it’s making gains in boosting profitability as it works to improve its product assortment and…
After a brief pullback during much of May, mortgage rates began rising again last week. That had an immediate…
Walgreens announced Wednesday it would continue to cut prices on 1,300 items — making it the latest company to…
The world is mired in $315 trillion of debt, according to a report from the Institute of International Finance. This global…
Stellantis plans to offer a $25,000 all-electric Jeep vehicle in the U.S. “very soon” to better attract mainstream consumers amid…
Ryan Salame, a former top lieutenant of FTX founder Sam Bankman-Fried, has been sentenced to 90 months, or seven…
Nearly six months since McDonald’s opened its first CosMc’s location, the hours-long drive-thru lines have died down, but the chain is…
The business world is increasingly banking on artificial intelligence to be the next big thing, and has found itself…