7-Eleven plans to close 645 North American stores in 2026 as parent company Seven & i shifts strategy amid inflation and changing consumer habits.
Industry
Anxiety Medication Xanax Recalled After Failing Quality Standards
The FDA has recalled certain Xanax XR 3mg bottles nationwide after they failed quality standards, urging patients to check lot numbers and stop use if affected.
Bloomberg Exec Accused of Turning Internal Chat Into Sexual Harassment Channel
Bloomberg faces a lawsuit alleging a senior manager used internal chats for sexual harassment, with claims the company failed to act on complaints.
Snapchat Parent Company Lays Off 1,000 Employees Amid AI Shift
Snap Inc. is laying off 1,000 employees and closing open roles as it shifts toward AI and cuts costs in a major company restructuring plan.
Ticketmaster and Live Nation Lose Antitrust Trial Over Alleged Monopoly Control
Ticketmaster and Live Nation lose a major antitrust trial after a jury finds they illegally monopolized the U.S. live event ticketing market.
Latest News
Disney cuts 1,000 jobs in a major restructuring under new CEO Josh D'Amaro, impacting film, TV, ESPN, and corporate divisions.
Mercedes-Benz recalls over 24,000 vehicles from 2018–2020 due to a drive shaft defect that may increase crash risk, NHTSA says.
McDonald's is launching new refreshers, sodas, and energy drinks to compete in the growing beverage market and attract budget-conscious customers.
A lawsuit claims Costco failed to properly notify customers before membership renewals, raising concerns about billing and cancellation practices.
Google is investing $10 million to train 40,000 manufacturing workers in AI, aiming to close skills gaps and boost productivity.
FedEx CFO John Dietrich will step down after the FedEx Freight spinoff, as the company continues its major restructuring plan.
USPS proposes raising stamp prices to 82 cents as part of a new mailing rate increase aimed at addressing financial pressure and rising costs.
Chinese automakers boost global exports as domestic car sales decline, led by strong EV demand and expanding overseas markets in 2026.
USPS pauses pension contributions to conserve cash as financial losses raise concerns about a potential funding crisis.
