Alexa

Walmart eyes local companies as McDonald's exits some stores

As McDonald's works on closing some of its locations within Walmart stores, the retailer is looking to put local businesses and others into place. McDonald's has gradually been closi...

Topps looks to go public in $1.3B deal with SPAC

Sports trading card company Topps is combining with a special purposes acquisition company in a deal valued at $1.3 billion and seeking a public listing. Topps Co. said Tuesday that ...

As freeze in air travel begins to thaw, United adds flights

With confidence rising that the end of the pandemic is growing closer, airports have begun to grow more crowded and airlines are starting to revive flights that vanished last year as people cancelled ...

Prepare the popcorn: AMC opening more movie theaters

It's showtime! AMC Theatres says it will have 98% of its U.S. movie theaters open on Friday, with more expected to open by March 26. Shares of AMC Entertainment Holdings Inc. are up...

Ant Group CEO resigns for personal reasons

The CEO of Ant Group, the world’s biggest financial technology company, has resigned from the company due to personal reasons. Ant Group thanked Simon Hu on Friday for his contributi...

Coupang, the Amazon of South Korea, makes its debut on NYSE

The biggest IPO in years is rolling out Thursday on the New York Stock Exchange where Coupang, the South Korean equivalent of Amazon in the U.S., or Alibaba in China, will begin trading under the tick...

GE, AerCap join air leasing businesses in $30 billion deal

General Electric is combing its aircraft leasing business with Ireland’s AerCap Holdings in a deal valued at more than $30 billion, a big step in what has become a six year endeavor to reshape the one...

Las Vegas Sands sells the Venetian, Sands Expo for $6.25B

Las Vegas Sands is selling the Venetian casino resort and Sands Expo and Convention Center for $6.25 billion. In the two-part deal, VICI Properties will buy the property and all asse...

Hertz eyes bankruptcy exit through $4.2 billion stake sale

In a deal to jettison itself from under bankruptcy protection, Hertz said Tuesday that it may sell a controlling stake in the company to two investment firms for $4.2 billion. Knigh...

United expands order for Boeing 737 Max aircraft

United Airlines is expanding its order of Boeing 737 Max airplanes and taking some deliveries sooner as it ramps up for an anticipated increase in travel demand. Chief Operating Offi...

Texas power company seeks bankruptcy protection after storm

The largest and oldest power cooperative in Texas is filing for Chapter 11 bankruptcy protection citing last month's winter storm that left millions without power. Brazos Electric Po...

Digital exchange Coinbase takes a step toward going public

Coinbase has filed papers with U.S. regulators to become a publicly traded company as digital currencies continue to march toward mainstream acceptance. The digital currency exchange...

ExxonMobil selling some assets for more than $1B

ExxonMobil is selling most of its upstream assets in the United Kingdom central and northern North Sea to HitecVision for more than $1 billion. The sale includes ExxonMobil’s interes...

In a year of pandemic, Home Depot was supplier to millions

The housing market is extremely hot, one of the few economic bright spots for the U.S. economy, and Home Depot is in the middle of it, reporting sales exceeding $132 billion in 2020. ...

Board games the standout star in Hasbro's 4th quarter

The critical holiday shopping season, coupled with quarantining amid the ongoing coronavirus pandemic, pushed board game sales up 21% at Hasbro in the fourth quarter. The toy company...