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Target Buying Shipt to Speed Up Delivery Service

Target has agreed to buy tech startup Shipt as it bids to become better with its same-day delivery to maintain pace with its biggest rivals. The retailer, looking to compete better with Walmart and Amazon...

Audi Will Not Sell Ducati Motorcycle Brand

Germany’s Audi abandoned plans it set in motion to sell Ducati its Italian motorcycle brand, said its CEO Rupert Stadler. The change of mind shows the confidence the carmaker has that it will carry...

Boston Herald Sold to GateHouse Media After Filing Bankruptcy

The Boston Herald has more than $31 million of debt and other obligations primarily in severance and pension obligations to employees, said the company in one of its court filings on Friday that detailed...

Chip Engineers from the U.S. Charged in Scheme to Steal

Four engineers who formerly worked for Applied Materials Inc. have been charged by officials in the U.S. with attempting to steal multiple chip designs from the semiconductor equipment company to sell to a startup...

Cineworld Acquiring Regal in Theater Deal Worth $3.6 Billion

The Cineworld Group based in the UK agreed to acquire Regal Entertainment Group a theater operator based in the United States for $3.6 billion to move into the world’s largest movie market. The deal for...

Macy’s Hiring 7,000 Additional Holiday Temps

After hiring less for this year’s holiday shopping season due to anticipating weaker holiday sales, Macy’s announced Friday it would hire 7,000 more temporary holiday workers citing higher shopper traffic thus far during the...

Economic Growth in Third Quarter Fastest in Last Three Years

The United States economy grew at a faster rate than what was initially thought during the third quarter, reaching its quickest pace in the past three years helped by strong business investment in equipment...

Clients at Massage Envy Spas Claim Sexual Abuse

Over 180 people in different locations around the United States filed police reports, lawsuits for sexual assault, and other complaints of sexual misconduct against the Massage Envy Spas national company and its employees, shows...