KVSP Business
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Justin Sullivan/Getty Images (NEW YORK) — Walgreens plans to close a large share of its U.S. stores over the next three years, Chief Executive Tim Wentworth said on a conference call with industry analysts on Thursday. Wentworth described a quarter of the company’s 8,500 stores as “underperforming,” saying the health care giant would close a […]
Foppen Seafood (NEW YORK) — For American consumers who enjoy adding slices of smoked salmon to a bagel or other breakfast dishes, it’s time to check the refrigerator, because one producer of the famed Norwegian export has recalled products from stores in 15 states. Norwegian smoked salmon recalled in 15 states Netherlands-based Foppen Seafood issued […]
Signage outside a Boeing office building in Arlington, Virginia, U.S., on Thursday, May 5, 2022. (Eric Lee/Bloomberg via Getty Images) (NEW YORK) — Boeing will be subject to sanctions for disclosing non-public information about an investigation into how a door plug blew out of one of its 737 Max 9 planes, the National Transportation Safety […]
David Paul Morris/Bloomberg via Getty Images (NEW YORK) — Volkswagen on Tuesday said it would invest up to $5 billion in Rivian, an electric vehicle startup based in California. The move sets the stage for a partnership that could benefit both companies and reshape the growing EV industry. The joint venture, which the two companies […]
Alexander Hassenstein/Getty Images (BELMONT, Calif.) — Volkswagen on Tuesday said it would invest up to $5 billion in Rivian, an electric vehicle startup based in California. The move sets the stage for a partnership that could benefit both companies and reshape the growing EV industry. The joint venture, which the two companies said would focus […]
Funwithfood/Getty Images (NEW YORK) — It’s almost Independence Day in the United States, and if you’re making a trip to the grocery store to prep for any Fourth of July food-related festivities, experts have shared new pricing data on some of the most popular products to help you plan ahead. Wells Fargo’s Agri-Food Institute has […]
Delta (NEW YORK) — The post-pandemic travel boom has sparked some ambitious and necessary changes within the airline industry due to the influx of frequent flyers who are seeking more from their pre-flight routines, be it enrolling in expedited security lines or enjoying access to airport lounges. Delta Airlines previously recognized that the steady stream […]
Dominika Zarzycka/SOPA Images/LightRocket via Getty Images (NEW YORK) — When artificial intelligence chipmaker Nvidia became the world’s most valuable company last week — surpassing household names like Apple and Microsoft — the moment appeared to be a declaration of victory for the AI boom on Wall Street. Over the next three trading days, however, Nvidia […]
Charlie Nguyen Photography/Getty Images (NEW YORK) — High-profile anti-LGBTQ+ consumer boycotts last spring left corporations little time to reconsider long-planned marketing campaigns for Pride Month, experts previously told ABC News. Over the past year, major companies have had ample opportunity to prepare their advertising for the time of year when public attention centers on the […]
Nipitpon Singad / EyeEm/Getty Images (NEW YORK) — For retail lovers there’s nothing quite like the rush of a good deal, and whether it’s TikTok Shop or discounts for digital boutiques on Instagram, deals are seemingly always at shoppers’ fingertips. The digital trend of “spaving,” spending more money to save more overall, has taken off […]
