Sears Holdings Corp. admits overnight its ongoing survival is unlikely and its plan to avoid bankruptcy by selling off or licensing brands may prove difficult.
The US Department of Labor and two subsidiaries of The Walt Disney Co. have reached an agreement to give back $3.8 million in back wages according to a press release statement issued last Friday.
Renault shares plummet more than five percent on Thursday even after the company refused to acknowledge reports that it cheated on emissions tests for decades.
The Westinghouse sale represents the latest in a series of steps Toshiba plans on undertaking to deal with the losses coming from the nuclear unit's ill-fated purchase of a US nuclear power plant construction company in 2015.
Hudson's Bay Co., owner of Saks Fifth Avenue, has expressed its interest in buying Neiman Marcus that would exclude the latter's debts.
Shares of Hong Kong's flag carrier dipped almost seven percent following the profit loss of HK$575 million for 2016, which was down from an HK$6 billion profit from the previous year.
Tech giant Apple is found guilty of fixing the price of iPhones in Russia for several years.
Mobile tech giant Vodafone is slowly trying to recover its tarnished reputation over the botched IT billing system and poor customer service record by hiring thousands of call center employees in the UK.
Employers added 235,000 US jobs in February as per a Labor Department report released on Friday.
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.
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.
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.
People who travel for business two weeks or more a month report more symptoms of anxiety and depression and are more likely to smoke, be sedentary and report trouble sleeping than those who travel one to six nights a month, according to a latest study conducted by researchers at Columbia University's Mailman School of Public Health and City University of New York.
President Trump said Friday he is declaring a national emergency on the southern border, tapping into executive powers in a bid to divert billions toward construction of a wall even as he plans to sign a funding package that includes just $1.4 billion for border security.
Amazon's decision to abandon plans to build a new campus in Long Island City, Queens, has drawn cheers from several politicians, community organizers and other locals opposed to the expansion.
One of the hottest topics at the World Economic Forum in Davos, Switzerland has been Alexandria Ocasio-Cortez's proposed 70% marginal tax rate on all income above $10 million.
In recent decades, Europe has experienced a downward trend in the annual number of deaths. Not only was this trend not arrested by the economic recession that started in 2008, in fact, the rate of decline increased during the recession years.
Discovering that your new designer handbag or gold watch is a fake is costly and annoying, and counterfeit medical devices or drugs could have even more serious consequences. But seemingly as soon as manufacturers develop a new method to ensure product authenticity, counterfeiters find a way to outsmart it. Now, researchers have created an "unclonable" tag that can never be replicated, even by the manufacturer. They report their results in ACS Applied Materials & Interfaces.
The traditional model for setting auto insurance premiums has been to base rates on the motorist's driving history, age, gender and even marital status (in some states). Thanks to new technological options, insurance companies, and motorists have started to work together to give the insurance companies access to better data on an individual driver's risk level, and give the same driver a sense of greater control over how much he or she will pay in insurance premiums.
Consumer brands have long used old-fashioned focus groups, interviews and surveys to best gauge consumer wants, desires and needs as part of processes that range from product development, to marketing and sales. As machine learning and artificial intelligence (AI) have emerged, there is an increasing interest in the ability to harness these solutions to save time and money, and to yield more reliable consumer insights.