Category Business

May retail sales rise 0.1%

A worker assists with check-out at a Costco store in Teterboro, New Jersey, US, on Wednesday, Feb. 28, 2024.  Stephanie Keith | Bloomberg | Getty Images Retail spending was weaker than expected in May as consumers continued to wrestle with…

Philadelphia UArts shuts, locking out 1,300 students

Katherine Anderson trekked from Texas to Philadelphia last year for a college program she couldn’t find anywhere else, combining the music business, entrepreneurship and technology. Two weeks ago, she received the startling news the university would be shutting down within days. The…

Toyota shareholders vote for chairman’s re-election

Toyota Motor shareholders backed Chairman Akio Toyoda and nine other members of the automaker’s board on Tuesday, despite concerns about governance raised by two leading proxy advisers. Ralph Orlowski |Getty Images Toyota Motor shareholders backed Chairman Akio Toyoda and nine other members of…