business and finance

Macy’s Announces Closure of 66 Stores in 2025: Macy’s has announced the closure of 66 stores in 2025 as part of its “A Bold New Chapter” plan. The retailer confirmed the closures to Axios on Thursday, stating that liquidation sales will begin in January, continuing for about 8-12 weeks for most full-line and small-format stores, … Read more

Rivian Surpasses Delivery Expectations as Supply Chain Issues Ease: Rivian (RIVN.O) reported exceeding analysts’ expectations for its fourth-quarter vehicle deliveries, driven by a resolution of a component shortage that had previously hindered production. The company delivered 14,183 vehicles in the final quarter of 2024, a 42% increase from the previous quarter, surpassing the consensus estimate … Read more