Walmart's chain of warehouse-style membership clubs is the bringer of more bad news. Reports say that the company is letting go of more than 11,000 workers around the country. The measure follows an announcement that Walmart will close 10 Sam's Clubs across the country that are loosing money. No further...

NEW YORK CITY-The measure follows Tishman Speyer and BlackRock's $4.4-billion default on their acquisition of the 56-building complex.

NEW YORK CITY-The measure follows Tishman Speyer and BlackRock's $4.4-billion default on their acquisition of the 56-building complex.

PHILADELPHIA-The firm will co-develop one facility and is managing three others, in New Jersey, New York and Pennsylvania.

PHILADELPHIA-The firm will co-develop one facility and is managing three others, in New Jersey, New York and Pennsylvania.

Another significant chain just joined the ranks of retailers and restaurants filing for bankruptcy in the last year. Uno Restaurant Holdings, owner of the Uno Chicago Grill deep-dish pizza chain filed Chapter 11 earlier this week after facing an overload of debt and declining sales, which are hurting...

It seems like things are improving at Starbucks. The coffee giant posted first-quarter earnings of $241.5 million, and a same-store sales gain of 4%, it's first since 2008. Executives attributed the improvement, in part, to its new Via instant coffee. Starbucks also cut costs and closed stores in the...

NEW YORK CITY-The publisher of <i>Elle</i> is leaving 263,010 square feet at 1633 Broadway, the <i>New York Post</i> says.