CVS to lay off 5,000 employees as it seeks to cut costs

The Rhode Island-based pharmacy giant said in a statement that it is eliminating "a number of non-customer facing positions" throughout the company

UPS strike avoided after agreement reached with Teamsters

The Teamsters called the tentative agreement “historic" and “overwhelmingly lucrative." It includes, among other benefits, higher wages and air conditioning in delivery trucks.

UPS strike looms: Workers on the brink, here's what you need to know

Negotiations broke down earlier this month and unionized workers have been holding rallies and practice pickets across the country.

Bombshell Treat Bar eyes fall opening for Berkley store

Bombshell Treat Bar, known for its creative ice cream bars, said it is aiming to open its storefront in Berkley by the fall.

UPS strike could be the most expensive in 100 years

Small businesses and consumers face "lasting harm" from a looming UPS strike, according to an economic analysts.

Metro Detroit's Joe Vicari Restaurant Group pays $88K for wage, child labor violations

The Joe Vicari Restaurant Group, which operates Andiamo, Joe Muer Seafood, Birmingham Pub, and more eateries around Metro Detroit, recently paid more than $88,000 in back wages and a fine for labor violations.

Online retailer Overstock to rebrand itself as Bed Bath & Beyond

The online retailer Overstock is dumping its name. Here's how Bed Bath & Beyond will live on for consumers in the U.S. and Canada.

Costco cracks down on its membership sharing polices

The retailer revealed it will tighten its membership polices in response to its self-service checkout expansion.

Rihanna resigns as CEO of lingerie brand Savage X Fenty

Rihanna became a billionaire because of her Fenty Beauty line, and has since included the Savage X Fenty lingerie, skincare and a fashion brand. Here's who the new CEO will be.

3M settles 'forever chemicals' water pollution lawsuit for $10B

Chemicals manufacturer 3M announced that it has reached a $10.3 billion settlement with U.S. public water suppliers that have detected PFAs – known as "forever chemicals" – in their drinking water. 

Bud Light launches 'biggest summer campaign ever,' giving away $10K weekly amid sales slump

Bud Light’s parent company Anheuser-Busch InBev is tripling its U.S. marketing spending this summer as it tries to boost sales that plummeted after the brand partnered with a transgender influencer.

Used car prices soar as demand for limited inventory grows, report says

Used car prices have softened recently but remain significantly higher than before the COVID-19 pandemic, according to a recent Edmunds report.

Amazon accused of enrolling consumers into Prime without consent and making it hard to cancel

The Federal Trade Commission is suing Amazon for what it calls a years-long effort to enroll consumers without consent into its Prime program and making it difficult for them to cancel their subscriptions.