Articles filed under Bloomberg
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Apple plans to cut back on hiring due to struggling iPhone salesJan 19, 2019 5:00 am - Apple Inc. will cut back on hiring for some divisions after selling fewer iPhones than expected and missing its revenue forecast for the holiday quarter, according to pe...
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The nicest Sears you've ever seen isn't owned by SearsJan 18, 2019 12:00 am - You walk into a shiny, new two-floor Sears store in a buzzing, bright shopping center in one of the world's busiest cities, passing designer garb encased in pink LED lig...
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Recalls of romaine, Goldfish are only the tip of the contamination icebergJan 17, 2019 12:00 am - If it feels like you're reading about a new food recall practically everyday, it's not all in your head - or stomach. A report released Thursday by the U.S. PIRG Educati...
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Hedge fund known for 'milking' newspapers takes aim at GannettJan 15, 2019 12:00 am - A few dozen newspaper employees staged a protest last May outside the New York City office of their owner - the hedge fund Alden Global Capital. Carrying signs that read...
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Lampert to present new Sears offer as talks continueJan 15, 2019 12:00 am - Eddie Lampert is expected to present a new bid for Sears Tuesday as talks to save the bankrupt retailer from liquidation continue, according to people with knowledge of ...
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Artificial intelligence vs. the hackersJan 12, 2019 5:05 am - Last year, Microsoft Corp.'s Azure security team detected suspicious activity in the cloud computing usage of a large retailer: One of the company's administrators, who ...
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Eddie Lampert uses Sears workers as fulcrum in renewed rescue packageJan 10, 2019 12:00 am - Eddie Lampert's revised plan to save Sears includes more severance for its workers, a move that could head off a debacle like the collapse of Toys "R" Us that left emplo...
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Some Sears vendors back ESL's proposal and offer trade creditJan 09, 2019 12:00 am - Some Sears Holding partners have come out in support of a proposal by Eddie Lampert's hedge fund that would avoid liquidating the department-store chain and keep stores ...
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Samsung phone users perturbed to find they can't delete FacebookJan 09, 2019 12:00 am - Nick Winke, a photographer in the Pacific Northwest, was perusing internet forums when he came across a complaint that alarmed him: On certain Samsung smartphones, users...
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Lampert is said to prepare improved offer to keep Sears openJan 09, 2019 12:00 am - Eddie Lampert's ESL Investments hedge fund is planning to submit an improved offer to keep Sears Holdings Corp. in business. Advisers for the hedge fund are drafting a b...