Tiffany & Co. CEO steps down, new directors appointed to accelerate business strategies
The company shake-up comes after Tiffany's disappointing financial results.
Mar 02, 2017 09:19 AM EST
Yahoo CEO Mayer gives up annual equity, bonus over mishandling of secuirty breaches
Mayer claims responsibility and offered that her cash bonus and annual equity award, instead, that it be redistributed to Yahoo's hardworking employees.
Mar 02, 2017 07:03 AM EST
Samsung chief faces trial after indictment on corruption charges
De facto chief of the South Korean electronics giant faces trial after indictment on multiple charges which include bribery and embezzlement.
Mar 02, 2017 12:59 AM EST
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
Asian shares rise ahead of Trump speech
Asian shares up, strengthened by gains on Wall Street as investors await President Donald Trump speech.
Feb 28, 2017 01:54 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 Tmall.com
Tag Heuer launches flagship store on Tmall.com, 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