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Holiday-season hiring expected to reach highest level since 1999 ...
Retailers are projected to hire more than 800,000 seasonal workers for the upcoming holiday season, the most the industry has hired since 1999, as retailers gear up for their busiest season that could...
Hudson's Bay Co. quarterly loss widens on heavy discounts | CBC N...
Canadian department store operator Hudson's Bay Company reported a bigger third-quarter loss on Tuesday, hit by higher discounts at luxury chain Saks Fifth Avenue and weak sales at its namesake stores...
Walmart Is Going After Target With Its New Home Goods Website | F...
Walmartwill launch a sleek, new online home goods shopping page in the coming weeks. It’s the first step of a big e-commerce redesign it hopes will get its digital sales growth back to its former blis...
Gap Inc CEO Says the Retailer Is Not Dying | Fortune
Gap Inc (GPS) has plenty of fight left in it, the retailer’s CEO told Wall Street analysts this week, backed by one of its best quarters in a long time. The company reporteda quarterly comparable sale...
Macy's Is Cutting 10,000 Jobs and Closing 63 Stores as Sales Dip ...
So much for a Miracle on 34th Street. Macy’s(M) on Wednesday said would close 63 stores this spring and eliminate 10,000 jobs as the struggling department store chain continued to grapple with weak sa...
Macy's Is Cutting 10,000 Jobs and Closing 63 Stores as Sales Dip ...
So much for a Miracle on 34th Street. Macy’s(M) on Wednesday said would close 63 stores this spring and eliminate 10,000 jobs as the struggling department store chain continued to grapple with weak sa...
Macy's Could Have Closed Stores Earlier, Outgoing Chairman Says |...
Macy’s(M) was among the many retailers to report sales gains for the holiday season, stoking renewed hope the retail industry is finally learning to combat Amazon.com (AMZN) and finding its footing ag...
CVS Nears Deal to Buy CVS | Fortune
CVS HealthCorp. is nearing an agreement to acquire health insurerAetnaInc. for more than $65 billion, according to a person familiar with the negotiations, in a deal that could reshape the pharmacy an...
AT&T CEO Open to Suing Government Over Time Warner Merger | F...
AT&Twill not sell cable network CNN to win antitrust approvalof its proposed $85.4 billion purchase of media company Time Warner and will fight the government in court if a negotiated settlement is no...
https://fortune.com/2023/09/26/amazon-sued-antitrust-violations-17-states-regulators-ftc
Amazon sued by 17 states, FTC for antitrust and monopoly violatio...
Amazonhas been sued by U.S. regulators and 17 states alleging that its policies inflate online prices and stifle competition. The Federal Trade Commission announced in a press release on Tuesday that ...
Toys 'R' Us Bankruptcy Filing Looks to Secure Holiday Season | Fo...
Toys ‘R’ Us has filed for Chapter 11 bankruptcy protection, the latest and one of the largest victims of the trend to online shopping at the expense of traditional bricks-and-mortar stores. It almost ...
Tech companies warn H-1B visa holders to avoid foreign travel | F...
The tech sector and other companies rushed to warn employees with H-1B visas against foreign travel as they responded to the chaos created by President Donald Trump’s move to slap a $100,000 applicati...
Walmart to Start Online Mall by Selling Lord & Taylor Merchan...
Walmart.com (WMT) is close to landing a deal to give department store Lord & Taylor dedicated space on its web site according to theWall Street Journal, a move that could presage the retailer offering...
Apple e-book price-fixing case begins | CBC News
In a civil case where the words of Steve Jobs play prominently, the government and Apple Inc. are set to square off over allegations that Apple Inc. conspired with the largest book publishers in the U...
Facebook co-founder says it's time to break up the social media g...
Facebook co-founder Chris Hughes has called for the breakup of the social network, in anopinion piecein the New York Times. "We are a nation with a tradition of reining in monopolies, no matter how we...
Facebook co-founder says it's time to break up the social media g...
Facebook co-founder Chris Hughes has called for the breakup of the social network, in anopinion piecein the New York Times. "We are a nation with a tradition of reining in monopolies, no matter how we...
https://fortune.com/2020/02/14/oracle-amazon-larry-ellison-hosts-fundraiser-trump
Oracle’s Larry Ellison makes friends with his enemy’s enemy, host...
Larry Ellison, the co-founder and executive chairman of OracleCorp. is a fierce competitor, to put it mildly. This is a man who helped build a $177 billion company, and who likes to unwind by funding ...
https://fortune.com/2021/07/06/pentagon-discards-10-billion-cloud-deal-awarded-to-microsoft-amazon
Pentagon cancels $10 billion JEDI cloud contract | Fortune
The Pentagon scrapped a $10 billion cloud-computing contract awarded in 2019 to Microsoft Corp. after several years of wrangling between the government and some of the biggest U.S. tech companies over...
Justice Department to File Lawsuit Blocking ATT-Time Warner Merge...
The U.S. Department of Justice suedAT&TInc on Monday to block its $85.4 billion acquisition of Time Warner Inc, saying the deal could raise prices for rivals and pay-TV subscribers. The legal challeng...
Justice Department to File Lawsuit Blocking ATT-Time Warner Merge...
The U.S. Department of Justice suedAT&TInc on Monday to block its $85.4 billion acquisition of Time Warner Inc, saying the deal could raise prices for rivals and pay-TV subscribers. The legal challeng...