A customer enters a Sears Holdings Corp. store in San Bruno, California, U.S., on Friday, Dec. 28, 2018. David Paul Morris | Bloomberg | Getty Images As the holiday season approaches, the parent company of Sears and Kmart has secured a $250 million lifeline and announced plans on Thursday to …

American companies are sitting on piles of cash, frustrating investors and leading some on Wall Street to wonder why they aren’t spending. Microsoft currently has the largest cash pile at $136.6 billion as of last quarter, according to estimates from FactSet. Berkshire Hathaway, Alphabet and Apple occupy the other top …

Robert De Niro, Al Pacino and Ray Romano star in Martin Scorsese’s “The Irishman.” Netflix Netflix is never going to adhere to the traditional rules of the box office. Yes, the streaming service creates its own content, but it isn’t a Hollywood movie studio. Ninety-day film releases at 3,000 theaters …

College graduates will soon be hit with their first student loan bill aywan88 | E+ | Getty Images We’re heading into the season for turkey dinners, Christmas trees, presents and, for recent college graduates, their first student loan bill. Students who were handed their diplomas in May or June will …

NAIROBI/JOHANNESBURG/LONDON (Reuters) – As jihadists wreaked ever more havoc in the last two years, mining firms in Burkina Faso rolled out extra security measures, from barracks for government troops protecting them to safe rooms for workers behind barbed wire and mounds. People are seen near a hospital in Ouagadougou, where …

The bond market has officially switched off its recession alarm and is pointing to the potential for stronger growth. Since the summer, when fear of a global economic meltdown gripped the bond market, conditions in the Treasury market and economy have changed. So has the outlook for U.S.-China trade talks, …

cmannphoto | Getty Images Get out your pencils and calculators: The IRS has released a breakdown of what’s ahead for the 2020 tax year. Taxpayers who’ve been paying close attention will notice that the Tax Cuts and Jobs Act overhauled the tax code. Those sweeping changes include a higher standard …

The Terminator movie franchise is back, and the idea that robots and artificial intelligence are coming for us — specifically, our jobs — is a big part of the present. But the majority of the working population remains unafraid of a T-800 stealing their employment. Only a little over one-quarter …

SoftBank Group Corp. founder, Chairman and CEO Masayoshi Son. Alessandro Di Ciommo | NurPhoto | Getty Images SoftBank CEO Masayoshi Son says he has devised a “simple formula” to turn around troubled co-working start-up WeWork. Son laid out a three-step plan that he said will right the ship during an …

Take one look at filmmaker Spike Lee’s outfit and you know he’s all about the New York Knicks. A lifelong fan, Lee, at age 14, watched Willis Reed’s amazing performance against the Los Angeles Lakers in the seventh game of the 1970 NBA finals from the “nosebleed” (upper tier) section. …