US jobs increase in Trump's first full month projecting economic optimism
Employers added 235,000 US jobs in February as per a Labor Department report released on Friday. US employers added 235,000 jobs in February as per a Labor Department report released on Friday.
Mar 13, 2017 9:26 AM EDT
Sears posts another quarterly operating loss
Embattled US department store operator posts another quarterly operating loss that is even worse than the previous corresponding period which the company attributes to having fewer Kmart and Sears Full-line stores in operation.
Staples closes 70 stores amid disappointing stocks and sales
Traditional brick-and-mortar stores have been under pressure for some time due to greater online competition, which led Staples to close 4.5 percent of its store in 1,600 locations.
Airbnb closes $1 billion round of investment funding making it second most valuable start-up in US
The San Francisco-based firm offered not to comment further on how it would use the investment funding, instead it expressed its intention to expand operations globally.
Latest News
Swedish retailer H&M joins Better Than Cash Alliance
Swedish retailer, H&M, joins the United Nations' Better Than Cash Alliance, a partnership of governments, companies and international organisations which aims to accelerate the transition from cash to digital payments.
Mar 09, 2017 7:49 PM EST
Samsung expands manufacturing in the US to produce home appliances
The South Korea-based technology giant will spend at least $300 million on the manufacturing project and is already discussing plans with five states.
Mar 09, 2017 9:05 AM EST
US oil output set to break records in 2018
The EIA has ramped up its US forecasts and predicts daily domestic oil output of 9.2 million barrels for this year and 9.7 million barrels in 2018.
Mar 09, 2017 9:04 AM EST
Disney chief defends seat on Trump’s business advisory council
Walt Disney Co.'s CEO says his seat on US President Donald Trump's advisory council is an opportunity to voice opinions that could benefit Disney and the company's shareholders.
Mar 08, 2017 8:46 PM EST
ESPN to implement job cuts that could extend to personalities who appear on TV, radio, online
Details of the job cuts will still be finalized but layoffs would definitely take place through as a consequence to delivering ESPN fans content consumption.
Mar 08, 2017 8:55 AM EST
Michael Hill International Limited appoints new CEO
The board and the employees in Michael Hill are excited by Taylor's appoointment as he sees to unlock new opportunities and new streams of value for the company.
Mar 07, 2017 10:00 AM EST
German tycoon Schlecker faces fraud trial with family
Anton Shlecker is accused of offenses related to the 2012 bankruptcy of his pharmacy chain that employed 50,000 people in Germany and in Europe.
Mar 07, 2017 9:42 AM EST
Vauxhall joins PSA Group in €2.2 billion deal, employees fear job losses
French company that owns Peugeot and Citroen enters into a €2.2 billion deal to buy General Motor's European unit which includes Vauxhall. General Motor CEO Mary Barra affirms Vauxhall's British brand while respecting the agreements on the workforce.
Mar 07, 2017 9:42 AM EST
Luxury automakers drive online sales on Tmall.com
China is projected to become the top market for luxury automakers by 2020 and brands rev up sales with Tmall.com to reach the country's affluent and digitally active consumers.
Mar 06, 2017 5:58 AM EST
Sports Direct owner buys into lingerie brand Agent Provocateur
Sports Direct owner Mike Ashley has acquired an interest in the struggling luxury lingerie retailer, Agent Provocateur.
Mar 06, 2017 1:24 AM EST
Jimmy Choo revenues skyrocket with strong Asia market, weak pound and menswear range
The record revenues and profitability are proof to the growing appeal and strength of Jimmy Choo. Jimmy Choo reports strong revenue gains brought about by its growing market in China, the weak pound and its menswear line.
Mar 03, 2017 9:42 AM EST
Ford may cut more than 1000 jobs at Bridgend plant in worse case scenario
Unions are fighting to keep the jobs in Ford at all cost as a reduction in employment could lead to a serious economic crisis.
Mar 03, 2017 8:42 AM EST
Most Popular
Newsletters
Stay ahead in finance. Subscribe for expert insights, market updates, and investment strategies. Join our newsletter to secure your financial future.
Latest News
