Sterling Jewelers says claims of discrimination are “not substantiated”

By Google News

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cleveland.com
Sterling Jewelers, the Akron-based parent of Kay Jewelers and Jared the Galleria of Jewelry, disputes the portrayal in Tuesday’s Washington Post of its company culture as one of widespread discrimination over pay and promotions.
On Tuesday evening, Uber CEO Travis Kalanick sent every one of his employees – some 11,000 people – yet another apology. It was in reaction to a six-minute dash cam video, obtained and published Tuesday afternoon by Bloomberg, showing Kalanick in …

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CNBC
When Snap goes public this week, Chief Executive Evan Spiegel’s salary will drop to just $1. But between his 44 percent voting share in the company and last year’s total compensation of $2.4 million, Spiegel is sitting pretty among other recent tech CEOs.

Futures rise after Trump speech; banks up on rate talk

Reuters
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 28, 2017. REUTERS/Brendan McDermid. By Yashaswini Swamynathan.

Best Buy shares slip 5 percent as revenue, outlook fall short

CNBC
Shoppers take advantage of Black Friday sales at a Best Buy store in Brooklyn, New York, November 25, 2016. Best Buy shares slipped more than 5 percent before the market opened on Wednesday, as the electronics retailer reported fiscal fourth-quarter …

Trump takes hatchet to EPA

The Hill
President Trump has launched the opening salvo in his assault on the Environmental Protection Agency (EPA). Trump is tearing into the EPA’s budget by a reported 24 percent, which if approved by Congress would slash the agency’s $8.1 billion budget to …

Mylan’s stock surges after profit and sales beat expectations

MarketWatch
Shares of Mylan N.V. MYL, -1.39% shot up 7.2% in premarket trade Wednesday, after the drug maker reported fourth-quarter profit and sales that beat expectations.

Fowl Play? Subway Denies Its Chicken Is Only 50 Percent Real

NBCNews.com
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Hershey to reduce global workforce by 15%

MarketWatch
Hershey Co. plans to eliminate 15% of its global workforce as part of its new leadership’s effort to boost profitability over the next two years.

Target’s $7 billion spending plan still leaves some question marks

CNBC
Nearly a year and a half after Wal-Mart said investments into its stores and employees would dramatically cut into its profits, a similar announcement from Target on Tuesday garnered the same reaction on Wall Street.

This Is Why Lowe’s and Home Depot Are Blowing Everyone Away in Crumbling Retail Sector

TheStreet.com
The ongoing U.S. housing recovery continues to make the home improvement space one of the best in retail to be in. After all, a contractor can’t buy pallets of sheet-rock or lumber off Amazon (AMZN) and have it instantly delivered to a job site.

Hershey (HSY) to Lay Off 15% of Workforce to Fuel Growth

Zacks.com
The Hershey Company (HSY – Free Report) unveiled plans to revamp North America confectionery and snacks business and also return its international businesses to profitability at the earliest.

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Top Tech News
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Trump administration would ignore WTO rulings it sees as anti-US: FT

CNBC
U.S. President Donald Trump’s administration is preparing to ignore any rulings by the World Trade Organization that it sees as an affront to U.S.

Minister: China to cut 500000 heavy industry jobs

USA TODAY
BEIJING – China will cut another 500,000 steel and coal jobs this year to reduce excess production capacity, the labor minister said Wednesday, amid complaints the industries are flooding global markets and depressing prices.

William Blair Downgrades Palo Alto Networks (PANW) to Market Perform

StreetInsider.com
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Bloomberg BNA
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Bloomberg
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Consumer confidence hits 15-year high

MarketWatch
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