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© Reuters. Rite Aid (RAD) files for bankruptcy, reaches agreement on restructuring with creditors Rite Aid Corporation (NYSE:) said it has reached an agreement in principle…
The numbers: Construction of new U.S. homes rebounded 7% in September to an annual pace of 1.36 million units after a sharp 1.5% drop in the…
Bonds issued by troubled drugstore chain Rite Aid Corp. sold off on Monday, after the company filed for bankruptcy, facing billions of dollars of debt related to…
Adidas shares advanced on Wednesday as the apparel maker boosted its full-year guidance. Adidas shares ADS, +3.16% rose 4% as the company pre-released its third-quarter numbers,…
Venture capitalist David Magerman is the latest major donor to the University of Pennsylvania cutting off financial support to the Ivy League school, and he’s calling…
Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. 1.…
With Rep. Jim Jordan’s candidacy for House speaker in doubt Wednesday, a growing number of Republicans and Democrats were coalescing around a plan to formally elect…
Remember when Amazon AMZN was just considered an online bookstore? Few folks had the foresight to see how the company would eventually go on to dominate…
Wall Street is awaiting Amazon’s AMZN third quarter earnings release with optimism. The tech giant’s previous earnings release was a surprising outperformance and investors want more…
TORONTO (Reuters) -Canada’s annual inflation rate edged down to 3.8% in September on broad-based price reductions for some travel-related services, durable goods and groceries, Statistics Canada…

