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Citigroup's Layoff Expenses and FDIC Charges Lead to $1.7 Billion in Additional Costs
Citigroup faces $1.7B in additional costs, and CEO Jane Fraser's restructuring targets cost reduction and improved performance.
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Walmart's Major Change in Retail: Launches Drone Delivery in Dallas with Shopping Restrictions
Walmart's major change expands drone delivery in Dallas, offering quick groceries with item restrictions, aiming to transform shopping convenience.
Insider Tips: What Not to Do at Home Depot, From Those Who Know Best
Ex-Home Depot employees share insights on customer etiquette, store policies, and growth as the largest home improvement retailer.
Molbak's Garden + Home Announces Closure: End of a 70-Year Legacy
Molbak's Garden + Home in Woodinville announces closure after 67 years, following a failed redevelopment deal and unsuccessful negotiations.
Black Bear Diner Expands Footprint: 14 New Locations Set for 2024
Black Bear Diner will expand with 14 new locations in 2024, offering exceptional dining experiences.
First Watch Strengthens Presence in North Carolina with $75 Million Franchise Acquisition
First Watch will acquire 21 NC franchise locations for $75 million in its strategic expansion plan. (Photo : Pexels/andresNino) First Watch, a well-known daytime dining chain with a national presence, is making a significant move to acquire 21 franchise locations in North Carolina for a substantial $75 million.
Microsoft's $10 Billion Partnership with OpenAI Under EU Watchdog's Lens for Compliance
European Union eyes Microsoft's partnership with OpenAI for regulatory compliance. (Photo : Unsplash/MatthewManuel) Microsoft's hefty $10 billion investment in OpenAI, the company behind ChatGPT, could be heading for an official investigation by the European Union.
JCPenney Announces Closure of Final Anchor Store at Shenango Valley Mall After Prolonged Struggle
JCPenney closes last mall anchor store, details resilience and revival post-bankruptcy and Simon Property Group acquisition.
Hooters Shuts Down Historic Lafayette Store, Marks End of 25-Year Legacy
Hooters Lafayette ends 25-year legacy with sudden closure, leaving staff and community in the dark; local businesses extend support to affected employees.
Final Sears Store in New Jersey Shuts Down, Shoppers Devastated by Historic Closure
New Jersey's final Sears store is closing permanently, leaving shoppers distraught and triggering massive sales as Sears' struggle continues.