Shoppers love that this laptop is user-friendly…
There’s something painfully American about the arc of iRobot, the company that taught your vacuum to navigate around the furniture. Founded in 1990 in Bedford, Massachusetts by MIT roboticist Rodney Brooks and his former students Colin Angle and Helen Greiner, the company filed for Chapter 11 bankruptcy on Sunday, punctuating a 35-year run that took…
Nomura seeking private debt acquisitions in alternatives push, CEO says
China’s small bank mergers shrink sector but raise financial risks
1:37 PM PST · December 14, 2025 Fintech startup Mesa has shut down its Homeowners Card, which awarded points to cardholders for paying their mortgages. A message on the Mesa website states that as of December 12, “all Mesa Homeowners Card accounts are closed,” adding, “All credit cards have been deactivated and you are no…
The craft beer industry has suffered a devastating year in 2025, as over 250 breweries in the U.S. closed down permanently in the first six months of the year. Most craft breweries blamed rising costs, slowing taproom traffic, and fierce retail competition as the reasons for their demise…
People need to eat, but what they eat depends a lot on their budget. Executives from lower-priced chains, including McDonald’s and Dollar General, have commented on how they are seeing sales growth with higher-income customers. “We’re pleased to see growth once again in our total customer count…
Electric vehicle companies such as Rivian must adjust to the new political reality. While the Biden administration was extremely pro-EV, the Trump administration has been the opposite. President Donald Trump’s signature economic agenda this year ended the $7,500 EV tax credit that helped boost …
It’s been a frustrating holiday season for those who have recently been laid off or seen wage growth stagnate even as prices for seemingly everything have increased. Unemployment has risen and is significantly above the levels seen in 2023, while inflation has rebounded since April due to President …
Restaurant chains have faced hundreds of closings in 2025, with some operators forced to file Chapter 11 or Chapter 7 bankruptcy protection to liquidate assets. In some cases, restaurant chains shut down all locations without filing for bankruptcy. That was the case with 88-year-old casual dining …
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