Old Navy plans to open more than 800 new stores as it splits off from parent company Gap
September 13, 2019While many retail chains are downsizing, Old Navy looks poised to grow.
Whole Foods is cutting medical benefits for hundreds of part
September 13, 2019The Amazon-owned grocer started notifying some employees this week of the changes, sources told Business Insider.
UAW leader charged with embezzling union funds amid contract talks with Detroit automakers
September 12, 2019The charges come as the union negotiates new contracts with the Detroit automakers and two weeks after federal officials raided the leader’s home and office in Missouri.
The 2020 Cadillac CT4 Is Cadillac’s Phoned
September 12, 2019The 2020 Cadillac CT4 is here, with an all-turbocharged lineup, optional all-wheel drive, and the goal of attracting the “new generation” of Cadillac customers. Though it’s meant to lead in the new generation of Cadillac sedans to replace the ATS and CTS, it doesn’t do anything that you would call radical, not so much as adopting even a slightly more creative name.
Gap’s Old Navy plans to nearly double its store count after split
September 12, 2019Old Navy plans to open 860 stores in North America
Old Navy plans to open 800 new stores
September 12, 2019Old Navy outlined plans Thursday to open 800 new stores, its first major announcement since the Gap, its parent company, announced it would spin off the lower-priced brand.
ECB cuts interest rates and relaunches its bond
September 12, 2019The European Central Bank is turning on the stimulus taps again, pushing interest rates further into negative territory in order to support the region’s flagging economy.
Trump wants even lower interest rates: What that would mean for your retirement savings
September 12, 2019What message would that send about the value of the U.S. dollar?
The world’s biggest brewer may resurrect its massive Hong Kong IPO
September 12, 2019Anheuser-Busch InBev has resumed its application to list its Asia business in Hong Kong, two months after pulling what would have been the biggest IPO of the year.
European Central Bank launches new bond
September 12, 2019The European Central Bank (ECB) announced a massive new bond-buying program Thursday in a bid to stimulate the ailing euro zone economy.
