Sears’ unsecured creditors have filed an objection to the deal proposed by chairman Eddie Lampert to save the bankrupt retailer, claiming its failure was “precipitated by years of years of misconduct” by the executive.
UK consumers will spend £10 billion more ordering goods via their smartphones and tablets this year, adding up to a total of £25 billion, a new consumer survey shows.
After a consumer boom in 2018, signs are emerging that the main engine of U.S. economic growth could sputter, and a record-long government shutdown further muddies the waters.
Personal care brand Procter & Gamble has joined forces with several major companies to launch a new organization to tackle plastic waste levels in the ocean.
Sterling Jewelers Inc has agreed to pay $11 million in fines to settle charges by U.S. and New York regulators that it signed up consumers for store credit cards and credit insurance without permission.
Rihanna has sued her father for trading on her Fenty brand name and suggesting that a business venture he set up in 2017 is associated with her.
Furious companies facing weeks more uncertainty over an ever closer Brexit lashed out at politicians on Wednesday, and warned of catastrophic job losses if Britain failed to secure a withdrawal deal with the EU.
Shares of Snap Inc fell 9 percent in early trading on Wednesday after Tim Stone became the second finance chief to leave the Snapchat operator in a year since a much-criticized redesign.
Madonna's daughter has landed a starring role in the new campaign, which also features the actresses Juliette Lewis, Maya Hawke and Zazie Beetz, and the model Du Juan.
Chief Financial Officer Tim Stone will be leaving Snap Inc less than a year after taking the job, the company said on Tuesday, the latest in a string of executive departures from Snap over the past year.
The philanthropic arm of the National Retail Federation has announced that Macy’s Inc. chairman and chief executive officer Jeff Gennette has been elected chairman of the foundation's board of directors.
The Wisconsin-based department store operator reported an increase of 1.2% in comps for the 2018 holiday period, a significant deceleration when compared to the growth of 6.9% seen in the prior-year period.
Amazon.com Inc shares see-sawed on Thursday as investors questioned how the impending divorce of company founder Jeff Bezos would affect his control of the most valuable company on Wall Street.
U.S. officials expect China’s top trade negotiator may visit Washington this month, signaling that higher-level discussions are likely to follow this week’s talks with mid-level officials in Beijing.
French companies have this week revealed some 60 million euros (£54.2 million) of lost business from anti-government protests rocking the country.
