Articles filed under Bloomberg
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U.S. stocks tumble with tech sinking on trade woesDec 07, 2018 12:00 am - U.S. stocks plunged, with technology shares again bearing the worst of the selling as the Trump administration pressed its trade war with China and the latest batch of e...
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'It's really about ego and saving face': Lampert makes $4.6 billion bid to keep Sears aliveDec 06, 2018 12:00 am - Eddie Lampert offered to buy Sears Holdings Corp. out of bankruptcy in a bid to salvage the failing retail empire he has controlled for more than a decade. The chairman ...
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'Betrayed' Lion Air threatens to cancel Boeing ordersDec 05, 2018 12:00 am - Indonesia's PT Lion Mentari Airlines is threatening to cancel its aircraft orders from Boeing after a statement from the plane maker suggested that the carrier was to bl...
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Apple resorts to promo deals, trade-ins to boost iPhone salesDec 04, 2018 12:00 am - Apple Inc. is experimenting with iPhone marketing strategies it rarely uses - such as discount promotions via generous device buyback terms - to help goose sales of its ...
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Analysis: Facebook's Sheryl Sandberg tainted by crisis after crisisDec 01, 2018 12:00 am - Facebook crises this year have put immense pressure on Chief Operating Officer Sheryl Sandberg, undermining her authority and tainting an image that was burnished by the...
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Lampert's next play: Inside the hedge fund war at SearsNov 30, 2018 12:00 am - Edward Lampert isn't done with Sears yet. Neither are Sears's enemies on Wall Street. Six weeks after the storied Hoffman Estates-based department store chain filed for ...
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McDonald's remodels to take several years longer than announcedNov 28, 2018 12:00 am - McDonald's is slowing the pace of domestic restaurant remodels that Chief Executive Officer Steve Easterbrook has championed since he took the helm in 2015. The world's ...
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J.C. Penney piles sale upon sale trying to dig out of 'abyss'Nov 21, 2018 12:00 am - Walk into a J.C. Penney and it's a sea of red stickers. Almost everything is marked down, from apparel, jewelry and home goods to Christmas decor, bedding and appliances...
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David's Bridal files for Chapter 11 bankruptcy in DelawareNov 19, 2018 12:00 am - David's Bridal Inc. filed for bankruptcy with a plan to cut debt by more than $400 million and a deal with lenders that will keep stores open during a reorganization. Th...
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Bankers can only dream of deals with reluctant tech billionaireNov 18, 2018 12:00 am - Jack Dangermond spent his entire career ignoring the capital markets. The advantage of this approach was on full display last month, on a day when tech titans like Jeff ...