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Business

What Your Net Worth Statement Is Telling You

A summary of all your assets and liabilities is a crucial first step toward getting a better handle on your finances. Before you start putting together a net worth spreadsheet, gather as much information as you can to get the best sense of what it can tell you. Overall net worth (assets minus ...

What Happens Next

Rite Aid customers can expect their local store to close or change ownership in the next few months, as the struggling drugstore chain goes through another bankruptcy filing. The company plans to sell customer prescription files, inventory and other assets as it closes distribution centers ...

Jamestown Container Sells Viva Foam Division

OrCon Industries, a custom packaging and material handling company, has acquired the Viva Foam division of Jamestown Container Companies. The acquisition includes the majority of assets and equipment located in Lyons, N.Y. Terms of the transaction were not disclosed. “After nine ...

McDonald’s Store Traffic Falls Unexpectedly

McDonald’s store traffic fell further than expected in the first quarter as economic uncertainty weighed on diners. The trouble was particularly acute in the U.S., where same-store sales — or sales at locations open at least a year — slumped 3.6%. That was the biggest U.S. decline ...