Category ‘COMPANIES’

J.C. Penney to Close adult to 140 Stores

NEW YORK—J.C. Penney pronounced Friday that it will be shutting anywhere from 130 to 140 stores as good as dual placement centers over a subsequent several months as it aims to urge profitability in a epoch of online shopping. The closures paint about 13 percent to 14 percent of a dialect store operator’s stream store […]

The Cause of Corporate Short-Termism

The tragedy between handling for a prolonged tenure and delivering good formula for a subsequent entertain is one of a biggest hurdles corporate executives face. While CEOs speak about focusing on long-term value creation, they mostly destroy to conflict a captivate or vigour of short-termism. The discuss over how to solve the problem of short-termism in corporate America […]

The Mystery Behind Amazon’s Low Prices

Ever consternation how online tradesman Amazon can contest with everybody on price? It’s not usually about economies of scale. For many years, Amazon enjoyed a rival advantage by avoiding a collection of sales taxation in many U.S. states. The association became a world’s largest online tradesman interjection partially to a sales taxation plan and to subsidies […]

Ivanka Trump Visits Center for Minority-Owned Businesses

WASHINGTON—Ivanka Trump is training some-more about mercantile process as she takes on a some-more manifest purpose in and around Washington. On Wednesday, a initial daughter visited a Raymond V. Haysbert Center for Entrepreneurship during a Greater Baltimore Urban League, where she participated in a roundtable contention with minority business owners, mostly from a Baltimore area. […]

Yahoo Salvages Verizon Deal With $350 Million Discount

NEW YORK—Yahoo is holding a $350 million strike on a formerly announced $4.8 billion sale to Verizon in a benefaction for confidence lapses that unprotected personal information stored in some-more than 1 billion Yahoo user accounts. The revised agreement announced Tuesday eases financier worries that Verizon Communications Inc. would direct a bonus of during slightest […]

Ivanka Trump’s Perfume Jumps to No.1 on Amazon Despite Boycotts

First Daughter Ivanka Trump’s code of redolence has shot to series one on Amazon’s list of bestselling fragrances despite calls to protest Trump products.  Ivanka Trump’s Eau de Parfum Spray For Women topped a list for a sixth day in a row. Her line of products have been forsaken from some retail outlets amid calls for a “resistance economy,” that […]

How China Made Volkswagen a World’s Biggest Carmaker

Despite a tellurian liaison about fuel emissions, Volkswagen kick Toyota in offered a many cars in a universe in 2016. Volkswagen became a biggest carmaker in a universe given of enlargement in China, a singular biggest market. But coherence on a Chinese marketplace could defect a carmaker in a prolonged term. Volkswagen has set aside […]

Airbnb Loses Ground in New York, Battling Housing, Hotel Industry

NEW YORK—It was never going to be easy for Airbnb in a Big Apple. The city’s story of housing shortages has prolonged been noted by fighting a vital partial of Airbnb’s business model—renting apartments as hotel rooms. Multiple layers of regulations shorten short-term rentals in New York City, corroborated by protecting tenants, housing advocates, and […]

Foreigners Still Love US Real Estate

The United States is still a top destination for unfamiliar genuine estate buyers notwithstanding augmenting supervision inspection over a past year. “Investors we work with from Asia and Latin America are committed to investing in a United States mostly since of banking instabilities in their home countries,” pronounced Kailin Zhu, partner during Clarett International. However, rising prices in […]

Twitter’s Chief Operating Officer Steps Down as Company Falters

NEW YORK—Twitter’s arch handling officer is withdrawal a company, a latest high-profile depart from a uneasy communication service. San Francisco-based Twitter pronounced Wednesday that Adam Bain is stepping down and will be transposed by Chief Financial Officer Anthony Noto. It says it will now demeanour for a new CFO. Bain assimilated Twitter in 2010 and […]