Retailer Tuesday Morning to close more than half its stores following bankruptcy

Troubled discount home-goods retailer Tuesday Morning Corp. will close more than half its locations nationwide after filing for Chapter 11 bankruptcy protection for the second time in three years. The...

Bed Bath & Beyond to Shut Down Canadian Stores in Bankruptcy

Bed Bath & Beyond Inc.’s Canadian division will shut down its stores under court protection after the company received an unusual lifeline earlier this week to save its U.S. operations from bankru...

Bed Bath & Beyond Narrowly Avoided Bankruptcy. What Happens Now?

Bed Bath & Beyond fought its way back from the brink of bankruptcy this week, striking a deal that promises a more than $1 billion-dollar lifeline. But while the move should help the embattled ret...

Yes, Even More Bed Bath & Beyond Stores Are Closing: See the List

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Bed Bath & Beyond to Close 87 More Stores, Harmon Chain as Restructuring Options Narrow

Bed Bath & Beyond Inc. said Friday it was closing an additional 87 of its flagship stores and its entire Harmon chain of drugstores, as the retailer struggles to find financial support to keep its...

Bed Bath & Beyond may be heading for a ‘meme squeeze’

Troubled home-goods retailer Bed Bath & Beyond may be heading for a ‘meme squeeze,’ says analyst Ihor Dusaniwsky of S3 Partners. Bed Bath & Beyond Inc. BBBY, +50.14% announced the closure of a...

Freeport LNG Says It Hopes for Restart of Texas Plant in December

Freeport said production could reach 2 billion cubic feet per day in January, and full production could be back in March 2023. Photo: MARIBEL HILL/Maribel Hill via REUTERS Nov. 18, 2022 12:44 pm ET | ...

Nvidia closes Russian offices, will fly relocating employees out of the country, report says

Chipmaker Nvidia is ending its activities in Russia, and is giving its employees in the country the opportunity to relocate. In a statement, Nvidia Corp. NVDA, +5.23% confirmed that it is ceasing all ...

Here are some of the Bed Bath & Beyond stores slated to close soon

Struggling Bed Bath & Beyond Inc. has released a list of dozens of stores it aims to close. The home-goods retailer BBBY, +0.34% and most recent “meme stock” has been reducing the number of its st...

Bed Bath & Beyond Finance Chief Gustavo Arnal Found Dead

By Ginger Adams Otis and Ryan Felton Updated Sept. 4, 2022 7:00 pm ET Listen to article (2 minutes) Bed Bath & Beyond Chief Financial Officer Gustavo Arnal was found dead Friday after falling from...

Senate Reconciliation Bill Would Close Carried Interest Loophole. What It Means for Private Equity.

Text size Sen. Joe Manchin wants to eliminate a provision giving favorable tax treatment to the private-equity industry. Alex Wong/Getty Images In a surprise, Senate Democrats reached a deal on a bill...

Ford Closes EV Battery Deal With Partner. Billions in Spending Is Coming.

Text size Ford is aiming to sell two million EVs globally a year by 2026. Christof Stache/AFP via Getty Images Ford Motor and Korea’s SK Innovation sealed the deal on the creation of a joint venture t...

China’s Auto Sales Are Booming. Can the Rebound Last?

Text size China’s auto market is showing a robust rebound. Here: a BYD Tang vehicle at the company’s showroom in Beijing. Qilai Shen/Bloomberg While the recent recovery in much of China’s ...

Tesla Vehicle Deliveries Tumble After China Factory Shutdown

Tesla vehicle deliveries fell quarter-over-quarter for the first time in more than two years, reflecting an extended shutdown in China, supply-chain disruptions and challenges associated with opening ...

Tesla Shanghai to Halt Production Temporarily. It Isn’t Covid.

Text size An aerial view of Tesla Shanghai Gigafactory. Xiaolu Chu/Getty Images Tesla ’s plant near Shanghai is going to shut down temporarily, according to reports. The downtime will add some uncerta...

Some European Factories, Long Dependent on Cheap Russian Energy, Are Shutting Down

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Mexico Takes Aim at Private Companies, Threatening Decades of Economic Growth

MONTERREY, Mexico—For the past 20 years, a 1,100-megawatt power plant owned by Spain’s Iberdrola SA outside Mexico’s industrial capital has kept the lights on for scores of companies such as brewing g...

Smithfield Foods, Citing High Costs of Operating in California, to Close Pork Plant

Smithfield Foods Inc., the largest pork processor in the U.S. by volume, is closing an 1,800-person plant in California and shrinking the size of its hog herd in the region, saying the cost of doing b...

When Quitting Normalizes, Benefit to Low-Wage Workers May Subside

Low-wage workers capitalized on the rare opportunity of a tight labor market with a burst of job-switching. That wave shows signs of easing now and economists say that, apart from a one-off rise in wa...

Tesla Could Reopen Its Shanghai Factory Next Week: Report

Text size An aerial view of Tesla’s Shanghai factory, which closed in late March due to rising cases. Xiaolu Chu/Getty Images Tesla might be reopening its most productive facility earlier than i...

The Chip Sector Has a New Worry in Plant Shutdown for Key PFAS Chemicals

Text size PFAS chemicals are used in the etching process for chip manufacturing. Dreamstime The fragile semiconductor supply chain has one more thing to worry about. Chips have been relatively scarce ...

Tesla Deliveries Rose in Quarter Elon Musk Calls Exceptionally Difficult

Tesla Inc. vehicle deliveries rose in the first quarter, but missed Wall Street expectations as the company struggled with global supply-chain disruptions and a brief Covid-19 shutdown at its Shanghai...

Starbucks fires 7 Memphis employees seeking union

Starbucks has fired seven employees who were leading an effort to unionize a Memphis, Tennessee, store. The Seattle coffee giant said Tuesday that the employees violated company policy by reopening a ...

Omicron Takes a Toll on Businesses, From Airports to Bars and Supermarkets

The rapid spread of Covid-19’s Omicron variant is weighing on U.S. businesses, keeping more workers home sick or quarantined and leading some companies to cut services and reduce hours. The rise of U....