After 42 years in business, 99 Cents Only will be shuttering all of its 371 stores across four states, citing unmanageable inflation and theft.
Business
Plumpjack Café, partially owned by Gavin Newsom, is offering new hires $16 an hour despite a state law raising the minimum wage for fast food workers to $20.
The Department of Energy canceled purchases to refill the Strategic Petroleum Reserve with more than three million barrels of oil, citing rising fuel costs.
Disney CEO Bob Iger has defeated Nelson Peltz in a struggle for control over the board, allowing the Iger camp to devote full focus on content and profit.
A California law raising the minimum wage for fast food workers to $20 an hour took effect on Monday, taking a bite out of the bottom line of major chains.
BlackRock, the world’s largest private equity firm, has received a Cease and Desist Order from Mississippi Secretary of State Michael Watson and his office’s Securities...