Business

Dressbarn to close all 650 stores, shutter entire business

Dressbarn, a household name for over 50 years, has struggled to grow sales in a competitive market where it battles with online retailers like Amazon and off-price retailers like T.J. Maxx.

Reuters

Ford announces thousands of workers to be laid off

It’s the first of a wave of Ford layoffs in the U.S. that is expected to hit 800 by the end of June and 7,000 worldwide by the end of August.

Corky Siemaszko

U.S. chipmakers face fallout from Huawei ban

Chip suppliers are losing a big customer as Huawei purchases an estimated $20 billion of semiconductors each year.

What’s behind Ford’s elimination of 7,000 jobs worldwide?

Ford Motor Company says it’s cutting 7,000 jobs worldwide, including 2,300 in the United States. CNBC’s Phil LeBeau reports on the CEO’s restructuring plan.

Why 'Fox Nation' rallies feel so much like Trump events

Norman Pearlstine of The L.A. Times speaks about Disney, Uber and the paper's new billionaire owner

Shoppers be aware: Here’s how tariffs will soon be hitting your pocketbook

Here's Why College is So Expensive in America