Consumers took advantage of heavy discounting by online retailers to kick off the holiday shopping season in high gear. According to Adobe Analytics, record online spending on Thanksgiving and Black Friday drove Cyber Week —…
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Business
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With deals beginning even earlier ahead of Black Friday than in years past and continuing well after Cyber Monday, consumers are no longer cramming all their gift shopping into one day. Adobe Analytics said Tuesday…
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A decision by Whole Foods to pause purchases of Maine lobster has sparked outcry from the state’s elected officials and the lobster industry. Whole Foods’ decision, which was announced this month, was prompted by changes…
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With deals beginning even earlier ahead of Black Friday than in years past and continuing well after Cyber Monday, consumers are no longer cramming all their gift shopping into one day. Adobe Analytics expects consumers…
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As questions swirl about how much cryptocurrencies will be worth in the wake of the spectacular collapse of the crypto exchange FTX and other major platforms, a key question has emerged: Who will keep your…
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Bob Iger is back. Disney, in a shocking late Sunday announcement, said it had re-appointed Iger as chief executive, effective immediately, after Iger’s handpicked successor as CEO, Bob Chapek, came under fire for his management of the…
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More people are expected on airplanes and highways over Thanksgiving than last year, but changing habits around work and play might spread out the crowds and reduce the usual amount of holiday travel stress. Travel…
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The holiday shopping season is in full effect as Thanksgiving week begins, and retailers are nervous. Multiple big-box stores continue to struggle with an inventory overhang stemming from the pandemic boom, leading some to forecast…
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Business
America’s largest railroad union rejects labor deal, reviving the threat of a nationwide strike
Workers at two of the country’s biggest rail unions split over a tentative contract their leaders had hashed out with freight rail companies — leaving open the possibility of a debilitating rail strike in the…
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U.S. gas prices are now at their lowest level since Russia invaded Ukraine in February, sending prices soaring. But at $3.61, it’s still the highest price ever recorded for the week of Thanksgiving by AAA.…