Latest News

Hershey aims to reduce global worforce by 15 percent

The Pennsylvania chocolatier's attempt to reduce its global workforce will help achieve profitability over the next two years.

Mar 01, 2017 09:55 AM EST

Tesco plans to remove 1,700 managerial jobs

The deputy managers will be replaced by shift leaders as part of a program of transformation in order to improve the customers' shopping experience.

Mar 01, 2017 09:02 AM EST

Qantas posts decline in net profits

The results indicate Qantas' strong performance in a mixed international market amidst its strategy and ongoing transformation while investing for customers.

Mar 01, 2017 09:02 AM EST

Alibaba seeks tougher penalties for purveyors of counterfeit goods

E-commerce giant seeks tougher laws, stricter enforment and heavier penalties against retailers or vendors of counterfeit goods in China.

Mar 01, 2017 01:21 AM EST

Tesla Nearly Exceeds 114-Year-Old Ford's Market Value

Electric automaker is set to release its mass market car this year.

Feb 28, 2017 10:46 AM EST

Verizon Slashes Yahoo Deal Price By $350 Million

The telecommunications giant and internet pioneer signed an agreement to cut the deal by $350 million after Yahoo's image tumbled down with one hacking scandal after the other.

Feb 27, 2017 08:59 PM EST

Swiss Watchmaker Tag Heuer Opens Flagship Store on

Tag Heuer launches flagship store on, China's largest third-party e-commerce platform for brands and retailers, in an attempt to target the internet-savvy younger generation.

Feb 26, 2017 09:29 PM EST

Nordstrom’s Quarterly Earnings Beat Expectations

US upscale department store chain posts growth in fourth quarter earnings exceeding analysts' expectations.

Feb 23, 2017 09:09 PM EST

Experts Explain Why Major Retailers Are Dropping The Trump Brand

Retail experts say the reason why retail giants like Nordstrom, Neiman Marcus and Kmart have decided to pull out the Trump brand from their stores is mostly business-related.

Feb 22, 2017 11:16 AM EST

69 Percent Respondents : Trump Needs To Make A Decision of Being A President or A Businessman

The US President-elect, Donald Trump, has promised to hand out of his business empires to his children before get sworn as the president next month. Some politicians stated that Trump's words just to avoid potential conflicts of interest.

Dec 07, 2016 09:57 AM EST

Current and Former Players Participated in Four-Day NFL Finance Camp

National Football League (NFL) will hold boot camp on April 4 to 7, 2016. A total of 28 current and former players with their family members participated in the finance camp in Florida.

Mar 30, 2016 07:56 AM EDT

Synova Capital Sold UK Handbag Maker TLG Brands to Hong Kong's Global Brands Group

Synova Capital has sold its UK fashion accessories brand TLG Brands to Hong Kong’s Global Brands Group. Under Synova’s ownership, TLG Brands has been seeing strong growth and more presence in international as well as online markets.

Mar 29, 2016 09:16 AM EDT

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