Business

Costco will raise its starting rate for hourly store workers in the United States to $16 an hour, putting its starting wage above rivals such as…

Call it a Mac mini: Target is opening scaled-down versions of Apple stores at some of its US outlets this year, furthering the two companies’…

Victoria’s Secret is continuing to shrink its store count. Its parent company L Brands announced that it plans to permanently close between 30…

PepsiCo isn’t joining the hard seltzer trend just yet. But it wants to be part of your at-home cocktail experience with a new line of mixers.…

Geely has scrapped plans to merge its business with Volvo and will now focus its global ambitions on a joint venture with the Swedish carmaker on…

Three of Britain’s biggest banks have announced plans to dump expensive office space, a bet that remote work is here to stay even after the…

Australia has passed a new law that will force tech companies to pay publishers for news content, setting the stage for potential, similar action in…

Few things have changed less during the course of this century than this nation’s fleet of postal delivery vehicles. The squat, box-like van…

Fry’s Electronics suddenly closed all of its stores overnight, ending a nearly four-decade run in business. The company, which had 31 stores…

TJ Maxx has taken a hit from the pandemic with fewer people visiting stores and picking up clothing. But the discount giant is betting that customers…

TJMaxx has taken a hit from the pandemic with fewer people visiting stores and picking up clothing. But the discount giant is betting that customers…

Dunkin’ is certainly appeasing avocado-craving millennials with its new menu item. Beginning Wednesday, the chain has added avocado toast to…

The housing market is still red hot. But there are growing concerns about how much longer this strength can last. Home Depot reported earnings and…

Women now occupy at least one seat on the board of every major British company after a 50% increase in participation rates over five years, according…

A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Richard Winton, the…