NEW YORK (CNN Business) – Sears is going to have a hard time surviving its bankruptcy. Kmart faces even longer odds.Traditional department stores, including Sears, face heavy competition from big b… MORE
Category Archives: CNN – Business
‘Halloween’ grabs one of the biggest horror openings ever
NEW YORK (CNN Business) – It’s hard to say it any other way: Michael Myers made a killing at the box office this weekend. Universal’s “Halloween,” the 11th film in the horror franchise, beat expect… MORE
Saudi Arabia tries to salvage its investment conference after A-listers pull out
DUBAI (CNN Business) – Saudi Arabia’s investment conference this week was once the hottest ticket in business and finance. Now the program has been stripped of names and a guest list, once a who’s… MORE
How the Khashoggi case and its fallout is affecting global business
(CNN) – The disappearance and death of Saudi journalist Jamal Khashoggi sent shockwaves through the business world, leaving in limbo planned investments, partnerships and projects in banking, transpo… MORE
Walmart’s strategy to solve the Amazon puzzle is working
NEW YORK (CNN Business) – Walmart is in the biggest fight of its 68-year history.To stave off Amazon and remain the world’s biggest retailer, Walmart is stepping up its grocery game and buying tren… MORE
US importers stuck with Trump’s latest China tariffs
NEW YORK (CNN) – American importers can ask for an exemption from President Donald Trump’s tariffs on steel and aluminum, and his first two rounds of tariffs on Chinese goods. But they’re stuck pay… MORE
JPMorgan is building a fintech campus in Silicon Valley
NEW YORK (CNN Business) – JPMorgan Chase is building a campus in Silicon Valley as it redoubles its focus on tech — and looks to compete more aggressively for top talent.The bank said Friday that… MORE
Patagonia CEO gets political, endorsing two Democratic Senate candidates
NEW YORK (CNN Business) – Patagonia is taking a political stand. The outdoor goods and apparel store threw its weight behind two Democratic candidates: Jacky Rosen, who is running for Senate in Nev… MORE
Tom Barrack, CEO and Trump friend, drops out of Saudi conference
NEW YORK (CNN Business) – Tom Barrack, CEO of Colony Capital and a close friend of President Donald Trump, has dropped out of next week’s Future Investment Initiative in Saudi Arabia.Barrack told C… MORE
Elizabeth Warren wants Wells Fargo to fire its CEO. She wants the Fed’s help
NEW YORK (CNN Business) – Senator Elizabeth Warren wants regulators to keep Wells Fargo in the penalty box until the bank replaces CEO Tim Sloan.In a letter to the Federal Reserve on Thursday, Warr… MORE
