Party City files for bankruptcy protection amid rising prices

Party City files for bankruptcy protection amid rising prices

Party City is filing for Chapter 11 bankruptcy protection after struggling with rising prices and a pullback in customer spending.

Party City is filing for Chapter 11 bankruptcy protection after struggling with rising prices and a pullback in customer spending.

IRS ends COVID-19 tax credits: Here's what you need to know before filing in 2023

IRS ends COVID-19 tax credits: Here's what you need to know before filing in 2023

Among the several pandemic tax credits returning to 2019 levels is the Child Tax Credit. Filers will get $1,600 less in credit for 2022 for each qualifying child under age 17.

Among the several pandemic tax credits returning to 2019 levels is the Child Tax Credit. Filers will get $1,600 less in credit for 2022 for each qualifying child under age 17.

Microsoft cuts 10,000 jobs, about 5% of global workforce

Microsoft cuts 10,000 jobs, about 5% of global workforce

Microsoft is cutting 10,000 workers, almost 5% of its workforce, joining other tech companies that have scaled back their pandemic-era expansions.

Microsoft is cutting 10,000 workers, almost 5% of its workforce, joining other tech companies that have scaled back their pandemic-era expansions.

Starbucks to offer nationwide DoorDash delivery by March

Starbucks to offer nationwide DoorDash delivery by March

Starbucks said delivery represents a “significant growth opportunity” for the coffee giant as more people shift to remote work with less in-person ordering.

Starbucks said delivery represents a “significant growth opportunity” for the coffee giant as more people shift to remote work with less in-person ordering.

Southwest Airlines shareholders sue carrier for ‘downplaying outdated technology'

Southwest Airlines shareholders sue carrier for ‘downplaying outdated technology'

In court documents, shareholders claim that "Southwest Airlines continuously downplayed or ignored the serious issues with technology it used to schedule flights and crews, and how it stood to be affected worse than other airlines in the event of inclement weather."

In court documents, shareholders claim that "Southwest Airlines continuously downplayed or ignored the serious issues with technology it used to schedule flights and crews, and how it stood to be affected worse than other airlines in the event of inclement weather."

Elon Musk drama shifts from Twitter to tweets about billion-dollar Tesla buyout

Elon Musk drama shifts from Twitter to tweets about billion-dollar Tesla buyout

Elon Musk claimed in a 2018 tweet that he had lined up the financing to pay for a $72 billion buyout of Tesla. But the buyout never materialized.

Elon Musk claimed in a 2018 tweet that he had lined up the financing to pay for a $72 billion buyout of Tesla. But the buyout never materialized.

Best Buy-owned phone service faces angry customers after 3G network shutdown

Best Buy-owned phone service faces angry customers after 3G network shutdown

Several Jitterbug phone users have been unable to make calls on their devices for a few days because of the shutdown. New phones are being offered to customers if their devices aren’t working.

Several Jitterbug phone users have been unable to make calls on their devices for a few days because of the shutdown. New phones are being offered to customers if their devices aren’t working.

Many smaller businesses plan to ramp up hiring in 2023, survey finds

Many smaller businesses plan to ramp up hiring in 2023, survey finds

The survey found that 84% of smaller business leaders said they’re also increasing compensation, while others are offering hiring bonuses, more flexible hours, and remote work options.

The survey found that 84% of smaller business leaders said they’re also increasing compensation, while others are offering hiring bonuses, more flexible hours, and remote work options.

Here's what is open and closed on MLK Day 2023

Here's what is open and closed on MLK Day 2023

The U.S. is marking Martin Luther King Jr.‘s birthday on Monday, Jan. 16. The federal holiday means government agencies and many banks will be closed.

The U.S. is marking Martin Luther King Jr.‘s birthday on Monday, Jan. 16. The federal holiday means government agencies and many banks will be closed.

Beer customers remain loyal despite rising prices, expert says

Beer customers remain loyal despite rising prices, expert says

Even though the uncertain economy has forced consumers to cut back on discretionary spending, beer consumers have remained loyal.

Even though the uncertain economy has forced consumers to cut back on discretionary spending, beer consumers have remained loyal.

Apple CEO Tim Cook will take a 40% pay cut

Apple CEO Tim Cook will take a 40% pay cut

Apple Inc. said in a regulatory filing that Cook’s target total compensation is $49 million for 2023.

Apple Inc. said in a regulatory filing that Cook’s target total compensation is $49 million for 2023.

Inflation drops in December – will the Fed slow interest rate hikes in 2023?

Inflation drops in December – will the Fed slow interest rate hikes in 2023?

Inflation eased in December, but interest rates are likely to increase a few more times in 2023. However, the rate of increase could slow, one Fed official says. Here's what it means for you.

Inflation eased in December, but interest rates are likely to increase a few more times in 2023. However, the rate of increase could slow, one Fed official says. Here's what it means for you.