Macy’s Reports Lower Sales as Shoppers Cut Back
[# item_content] Department store chains have struggled as consumers, squeezed by budget constraints, spend less time and money at their stores. NYT > Business�
Business
She Survived the Maui Wildfires. She Couldn’t Survive the Year After
[# item_content] Edralina Diezon was working as a janitor and sending money to her family in the Philippines when wildfires destroyed everything she had. The road to… Read More »She Survived the Maui Wildfires. She Couldn’t Survive the Year After
What to Know About the Sunken Sicily Yacht’s Missing Passengers, Including Mike Lynch
[# item_content] Mr. Lynch, the former chief executive of the software firm Autonomy, who was acquitted on fraud charges in June, was with friends and family when… Read More »What to Know About the Sunken Sicily Yacht’s Missing Passengers, Including Mike Lynch
Walmart Dumps Entire Stake in China’s JD.com
[# item_content] Walmart’s divestiture comes as its e-commerce partner has struggled to maintain its market share in the country’s cutthroat online sales industry. NYT > Business�
Judge Blocks F.T.C.’s Noncompete Rule
[# item_content] The Federal Trade Commission was deemed to lack the authority to bar companies from restricting their employees’ ability to go to work for rivals. NYT >… Read More »Judge Blocks F.T.C.’s Noncompete Rule
Myron E. Ullman III, Executive Who Remade Macy’s and J.C. Penney, Dies at 77
[# item_content] As a leader behind many of the world’s best-known brands, he exuded operational know-how. He also displayed a rare humility, which helped drive his success. NYT… Read More »Myron E. Ullman III, Executive Who Remade Macy’s and J.C. Penney, Dies at 77
Companies Hope Making Offices Like Hotels Will Lure Workers Back
[# item_content] Hoping to lure workers back to their desks, companies are designing “work resorts,” luxe spaces meant to compete with the comforts and versatility of their… Read More »Companies Hope Making Offices Like Hotels Will Lure Workers Back
Boeing Grounds 777-9 Test Planes in Latest Setback
[# item_content] The airplane manufacturer said it had discovered problems with a key part of the 777-9, a large plane designed for long flights that had already… Read More »Boeing Grounds 777-9 Test Planes in Latest Setback
Pakistan’s Internet Disruptions Stoke Fears of Government Surveillance
[# item_content] Disruptions have fueled claims from rights groups that the Pakistani authorities are introducing technology to surveil and control the country’s internet. NYT > Business�
Europe Slashes Tariffs for Tesla Vehicles Made in China
[# item_content] The European Commission will charge the U.S. automaker an additional duty of 9 percent, much lower than tariffs levied on its Chinese peers for electric… Read More »Europe Slashes Tariffs for Tesla Vehicles Made in China