Business

In this article M Macy’s Herald Square Flagship Department Store in Midtown Manhattan New York. Nicolas Economou | NurPhoto | Getty Images Macy’s on Tuesday cut its full-year forecast, saying it anticipates deteriorating consumer spending on discretionary items like apparel that will force the department store chain to use heavy markdowns to move items off
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Hometown Deli, Paulsboro, N.J. Mike Calia | CNBC The small, money-losing New Jersey deli that was once the sole asset of a publicly traded company with a bizarre market capitalization of $100 million has been sold and closed, according to a regulatory filing. Your Hometown Deli in Paulsboro, New Jersey, had been “temporarily closed” on
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In this article MCD McDonald’s has raised the price of its cheeseburgers in the U.K. for the first time in 14 years. Justin Sullivan | Getty Images News | Getty Images McDonald’s board is gaining three new members and losing one longtime director. Sheila Penrose, who leads the board’s sustainability and corporate responsibility committee, will
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“Ghost guns” seized in federal law enforcement actions are displayed at the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF) field office in Glendale, California on April 18, 2022. Robyn Beck | AFP | Getty Images With new federal regulations set to take effect on so-called ghost guns next week, businesses that sell the untraceable
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Wouldn’t it be nice if your kid grew up to become an entrepreneur? Entrepreneurs, in my view, are not just founders of for-profit businesses. They are resilient, hard-working people who start something, who come up with ideas and bring them to life, and who turn passion into projects.  As research for my book, “Raising an Entrepreneur,” I interviewed 70 parents
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