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2025-11-27T09:59:01.248Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Retail CEOs don’t typically get the same rockstar treatment as tech execs, but they’re in high demand and well-paid. Publicly traded companies must disclose their executives’ compensation details in annual filings. Here’s what the CEOs of 30 top retail chains made last year. Retail is a tough industry where…

Americans are still in affordability mode this Thanksgiving season, whether prices have stabilized or not — and restaurants and retailers are working hard to meet the moment.Determining if the cost of turkey day dinner has gone up this year depends on which report you read: the consumer price index puts the cost of food at home up 2.7% year over year, and Deloitte suggests prices have held relatively steady with a 0.6% increase. Meanwhile, Wells Fargo’s Thanksgiving dinner analysis estimates the cost of the year-end meal is down 2-3%, depending on the shopper’s strategy.No matter what the forecasts say, though,…

I first came across the Financial Independence, Retire Early movement when I spoke to a Big Tech employee who quit her job and retired early, only to regret it days later.Speaking to her and over 60 other FIREers in the past two years has taught me that this increasingly popular four-letter acronym is a dream come true for many, but it needs to be done right. Otherwise, being untethered to a job or stream of income can lead to loneliness, anxiety, and feeling like you lack purpose.Even though I’m at the start of my career, I have taken these three…

Former Reagan economist Art Laffer and former World Bank President David Malpass assess the economy under the Trump administration on ‘Kudlow.’ The IRS released its guidance for the “no tax on tips” and “no tax on overtime” provisions of the One Big Beautiful Bill Act (OBBBA), for workers who can claim the deductions for the 2025 tax year. President Donald Trump signed the OBBBA into law in July after Republican majorities in Congress passed the tax reform and spending bill on a party-line vote this summer.The law included “no tax on tips” and “no tax on overtime” that created deductions for workers…

Madison Avenue’s makeover is taking shape.Omnicom officially completed its acquisition of Interpublic Group on Wednesday, in a $9 billion all-stock deal that creates the largest advertising agency holding company by revenue. The combined company will generate annual revenue exceeding $25 billion, Omnicom said.The agency mega-merger, first announced in December, creates a portfolio that unites creative networks such as BBDO and McCann, media buying agencies including OMD and Initiative, and the Omni and Acxiom data platforms.In a statement, Omnicom CEO John Wren, who will lead the merged company, said the acquisition marks a “defining moment for our company and our industry.””With…

Last call has come for a beloved, nearly four-decade-old Oregon brewery founded in part by three former Nike executives.Oregon Brewing Company, the parent company of Rogue Ales & Spirits, filed for Chapter 7 liquidation proceedings in the state’s federal bankruptcy court this week.The Monday bankruptcy filing follows the craft beer and spirits maker’s abrupt shutdown of all its brewing and restaurant locations across Oregon, according to local news reports.The court papers indicate that the brewery’s revenue has declined in recent years, dropping from $23.5 million in 2023 to $19.6 million in 2024 to $14.9 million in the first 11 months…

Campbell’s said Wednesday that a vice president who was embroiled in a public firestorm over a lawsuit and secret recording was no longer at the company.The recording appeared to show the now-former executive, Martin Bally, disparaging customers and colleagues and referring to the company’s chicken as “3D-printed.””The comments were vulgar, offensive and false, and we apologize for the hurt they have caused,” the company said in a statement Wednesday. “This behavior does not reflect our values and the culture of our company, and we will not tolerate that kind of language under any circumstances.”The accusations about Bally were made in…

The American Institute of CPAs has sent a letter to the Multistate Tax Commission and a related work group recommending changes in their proposed approach to state tax sourcing of partnership income. The AICPA comment letter includes recommendations regarding the approach of the MTC’s draft white paper on partnership structures, special allocations, related-party transactions, the effect on the ability of states to tax partnership income, and the determination of how partnership income is sourced. The letter asks for a definition of which rules partnerships should apply when computing entry-level taxes. Other recommendations ask the MTC to update its language regarding…

The American Accounting Association, a group of accounting scholars and educators, is calling on the U.S. Department of Education to reverse course after the department proposed to remove accounting and other traditional professions from its definition of “professional degree” programs in a bid to reduce student loans.The AAA is joining the American Institute of CPAs and the National Association of State Boards of Accountancy in urging the Department of Education to reconsider, as are groups in other professions that could be excluded from the definition, including nursing, engineering, architecture, social work, and more. Under the One Big Beautiful Bill Act,…

This as-told-to essay is based on conversations with Kourtnee Turner, 34, a mortgage professional who purchased her first home in Baltimore after utilizing various homebuying incentives. She moved to Baltimore from Tulsa, Oklahoma, after taking advantage of the Tulsa Remote Program, which grants movers $10,000 to live there. The conversation has been edited for length and clarity.I moved from Newport News, Virginia, to Tulsa, Oklahoma, in 2022 because of the Tulsa Remote program.It was around Christmastime of 2021, and I was looking for a new opportunity. I had just moved to Newport News from Virginia Beach just for that year.…