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New day, new bankruptcy: Bon-Ton bids goodbye
The state of the retail sector and the increasing bankruptcies of popular retailers have been discussed at length...
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Shire rejects Takeda’s $60-billion takeover offer
Irish drugmaker Shire (SHPG) has been in the limelight ever since the Japanese giant Takeda made an acquisition...
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More heads roll as Nike revisits workplace culture
More than a decade ago, operations management at Nike (NKE) was thrown into turmoil when the company tweaked...
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Qualcomm opts for mass layoffs as part of cost-cutting plan
Chipmaker Qualcomm (QCOM), which is trapped in the middle of the trade war between China and the US,...
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General Electric finds itself at the center of the Southwest Airlines fatality
Wednesday’s Southwest Airlines (LUV) incident is arguably the first mid-air miracle since the one on the Hudson. However,...
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Expenses weigh on Procter & Gamble earnings in Q3
Consumer goods company Procter & Gamble Co. (PG) reported a 1% decline in third-quarter earnings due to increase...
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Earnings jump 40% for KeyCorp as stock rallies to level losses
Bank holding company KeyCorp (KEY) reported an increase in first-quarter earnings, aided by the higher interest rates and...
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Market: Stocks to open in red as chipmakers disappoint
US futures are pointing to a lower open today after ending mixed on Wednesday. Investors remained cautious as...
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Strong product demand boosts Grainger’s first quarter results
Grainger (GWW) reported better-than-expected first quarter results, primarily due to strong demand and better volumes in its US...
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P&G ditches Pfizer, picks Merck’s consumer health business
After weeks of offers and speculations, a deal has finally been struck in the consumer health space, though...
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Starbucks to close 8,000 stores for a few hours to conduct racial-bias education program
The arrest of two black men from a Starbucks (SBUX) Philadelphia café following a white employee’s 911 call,...
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Danaher reports strong first quarter 2018 results
Danaher Corporation (DHR) posted strong performance for the first quarter of 2018, which was broad-based across most of...