Macy’s shares tumbled more than 9 percent after the market’s close Wednesday after it posted disappointing holiday sales and released the locations of 68 of the 100 stores it plans to close as it looks to turn around its performance.
A woman using her phone on a ferry in Xiamen, Fujian Province. Apple removed mobile news apps created by The New York Times from its app store in China late last month.
Two department store chains detailed massive closure plans Wednesday, setting the stage for more than 200 of their combined locations to close this spring.
General Motors Co. has landed on Donald Trump’s hot seat at a tricky time. The president-elect’s criticism of the auto maker’s Mexican imports, leveled in a tweet Tuesday morning, comes as it plans to lay off thousands of workers in two states pivotal …
But an acquisition of the struggling clothing retailer could also help Amazon by solving one of the biggest problems it currently faces: tension with president-elect Donald Trump.
Grabner, Hayes Score Two Goals Apiece As Rangers Top FlyersThe Rangers won for the fourth time in five games and moved 10 points ahead of the Flyers in the Metropolitan Division standings.
The greenback fell by the most since Donald Trump won the U.S. presidential election as the Federal Reserve’s meeting minutes showed uncertainty over how his policies would impact the pace of interest-rate increases, while a yuan rally exacerbated the …
Social publishing startup Medium.com Inc. is laying off about one-third of its staff, as Chief Executive Ev Williams acknowledged that its advertising-based business model has fallen short of expectations.
Jay Clayton is a partner with the prominent New York law firm Sullivan & Cromwell. Credit Sullivan & Cromwell LLP. The Wall Street lawyer Walter J. Clayton does not travel in political circles, nor is he well known in corporate America.
As China’s currency posts its biggest two-day rally on record offshore and skyrocketing interbank rates make short positions prohibitively expensive, memories of an epic squeeze last January came rushing back for bearish traders.
Apple Inc. headlines a growing list of investors in SoftBank Group Corp.’s $100 billion technology fund, which is expected to include Foxconn Technology Group Ltd.
Kiyomura Co’s President Kiyoshi Kimura (C), who runs a chain of sushi restaurants Sushi Zanmai, poses with a 212 kg (467 lbs) bluefin tuna at his sushi restaurant outside Tsukiji fish market.
A former Snapchat employee alleged in a lawsuit Wednesday that the company misrepresented its financial state while recruiting him and then pressured him to spill secrets about his time at Facebook.
Rex Tillerson, President-elect Donald Trump’s nominee for secretary of state, has assets worth as much as half a billion dollars spread across a wide variety of investments, according to government filings, which underscores the challenges facing the …
Donald Trump won the White House by saying that Americans are getting screwed – and that Hillary Clinton was in on it. During his campaign, President-elect Trump railed against “the global special interests” who are “rigging the system,” destroying …
XALAPA, Mexico – Protests over a sharp gasoline price hike erupted into looting of gas stations and stores in various parts of Mexico on Wednesday, with dozens of businesses reportedly sacked.
Saudi Arabia raised pricing for February oil sales to Asia and increased premiums for light grades to the U.S. as the world’s largest crude exporter prepares to reduce output to help counter a global oversupply.
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