Money

Dollar Tree said Wednesday that it will open 600 new stores this year, continuing dollar store chains’ torrid growth across the United States. The announcement comes as the pandemic has taken a toll on many retailers and forced thousands of stores to close. But dollar stores have surged as economically-strapped customers seek out bargains on

Another SpaceX rocket prototype was fueled and ready for a test flight Wednesday, but in the final moments before liftoff, the vehicle’s engines sputtered off and the company announced it had aborted the flight. The company will recycle the rocket’s fuel and attempt liftoff again around 4 pm CT, according to SpaceX engineer John Insprucker

The end of mask mandates in Texas and Mississippi has created a dilemma for businesses: Keep such safety rules in place to protect against Covid-19 spread, as leading health officials advise, or follow the two states’ decisions and loosen restrictions. Leading US grocery chains, pharmacies, retailers and auto manufacturers, including Target, Kroger, CVS, Walgreens, Best

Fossil fuel workers will not be left behind in the Biden administration’s push to embrace clean energy. That’s the promise from new Energy Secretary Jennifer Granholm, addressing workers worried their livelihoods will be disrupted. “This is our opportunity to build the energy economy back better, in a way that lifts up communities that have felt

Consumers typically have flocked to malls because they’re a one-stop shop for everything from socks to sofa sets. Now, one of the biggest mall jewelers in the United States is giving some folks the chance to cross another item off their shopping lists. Signet Jewelers, owner of Zales, Kay Jewelers and Jared, is betting on

Consumers typically have flocked to malls because they’re a one-stop shop for everything from socks to sofa sets. Now, one of the biggest mall jewelers in the United States is giving some folks the chance to cross another item off their shopping lists. Signet Jewelers, owner of Zales, Kay Jewelers and Jared, is betting on

Looking for a hot stock to buy? Investors — especially younger millennial and Gen Z traders— are increasingly getting tips from sources like Twitter, Reddit and TikTok. Just look at the GameStop phenomenon. Picking up on the trend, a Wall Street investment firm is launching a new ETF Thursday to focus on stocks generating buzz

The future of Greensill Capital, a UK financial startup backed by SoftBank, has been thrown into doubt after German regulators shuttered a bank it operates, the latest twist in an unfolding corporate collapse that could put 50,000 jobs at risk. Germany’s Federal Financial Supervisory Authority, or BaFin, said in a statement on Wednesday that it

Microsoft says that a sophisticated group of hackers linked to China has exploited its popular email service that allowed them to gain access to computers. In a blog post Tuesday, the company said that four vulnerabilities in its software allowed hackers to access servers for Microsoft Exchange, “which enabled access to email accounts, and allowed

An Instagram bug briefly hid likes from some of its users on Tuesday, after the company accidentally expanded a long-running test of the feature. “We’ve been testing a new experience to hide likes on… posts,” a spokesperson for Facebook, which owns Instagram, told CNN Business. “We unintentionally added more people to the test today, which

Japanese fashion mogul Yusaku Maezawa, who first announced his intention in 2018 to take a group of artists with him on a six-day trip around the Moon, said Tuesday that he’s inviting the public to apply to fill eight open seats on the mission now slated to take off in 2023. Maezawa also said that

Britain will hike taxes on its biggest companies in 2023 as it begins to repair government finances in the wake of the pandemic, the worst economic slump in more than three centuries and the messy Brexit divorce from its largest trading partner. Speaking in parliament on Wednesday, UK finance minister Rishi Sunak pledged another £65

Private equity giant Apollo Global Management is acquiring arts and crafts retailer Michaels in a $5 billion deal. Apollo will buy all outstanding Michaels shares for $22 each — a 47% premium to Friday’s closing stock price, and well above the stock’s pandemic-era low of around $1. Michaels, which operates more than 1,250 stores in

By now it’s well known that Facebook has a misinformation problem. The company has tried to address it in various ways, from labeling false claims to reducing its visibility in users’ feeds. But a new study from researchers at New York University finds that not all misinformation on Facebook is created equal when you factor

The winter storm that left much of the nation covered in snow and ice last month also caused gun sales to cool down a bit after heating up in January following the Capitol Hill insurrection. Gun retailers across the country still managed to sell more firearms last month than in any February since 2016, according

Alamo Drafthouse, the movie theater chain beloved by fans for its boozy milkshakes, theme nights and strict no-talking rules, has filed for bankruptcy protection. The Austin-based company, which owns about 40 theaters in the United States, filed for Chapter 11 and agreed to sell “substantially all its assets” to a group of lenders. Alamo put

After losing her marketing job due to the pandemic and then gaining 40 pounds, Remi Bader, 25, began spending more time on TikTok. She built up a following by posting about clothing items not fitting her correctly and her struggle to find larger sizes in New York City stores. But in early December, Bader, who