Farewell, Toys R Us and thanks for the memories

Farewell, Toys R Us and thanks for the memories

CLOSE Toys R Us is headed toward shuttering its U.S. operations, jeopardizing the jobs of some 30,000 employees while signaling the end for a chain known to generations of children and parents for its sprawling stores and Geoffrey the giraffe mascot. (March 15) AP Toys R Us’ liquidation and potential closing of all U.S. stores […]

Unilever Chooses Single Base in Netherlands in Blow to May

Unilever Chooses Single Base in Netherlands in Blow to May

Unilever is consolidating its headquarters in the Netherlands, abandoning a U.K. base it has maintained for nearly a century. The move is a blow to U.K. Prime Minister Theresa May as she strives to maintain investment after the country leaves the European Union. It ends months of lobbying by the Dutch and British governments after […]

United announces new in-cabin animal policy after puppy dies in overhead bin

United announces new in-cabin animal policy after puppy dies in overhead bin

Beginning next month, United Airlines said it will issue brightly colored tags to customers traveling with animals so flight attendants can easily recognize the pets, following the death of a puppy in an overhead bin this week. Interested in Airlines? Add Airlines as an interest to stay up to date on the latest Airlines news, […]

Toys R Us submits plan to liquidate its US business, will close or sell all US stores – CNBC

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Canada’s Hudson’s Bay makes takeover approach for Macy’s: Sources – CNBC

Cincinnati, Ohio-based Macy’s has around 900 stores in the U.S., which includes its Bloomingdale’s outlets and its flagship store in New York City’s Herald Square. Hudson’s Bay is well known for making money off its real estate assets. After buying Saks for $2.9 billion in 2013, it secured a $1.25 billion 20-year mortgage for its […]

The method to President Trump’s madness – Politico

Donald Trump’s first two weeks have been a frenetic sprint that has unsettled Washington and left a rattled world wondering what’s next. Trump’s White House chief strategist Steve Bannon is the provocateur who has engineered the historically disruptive opening gambit of executive orders, diplomatic upheaval, Twitter attacks and continuing attacks on the media. Story Continued […]

Toyota in $3.4 Billion Settlement Over Corrosion in Some Trucks and SUVs – Wall Street Journal

Toyota Motor Corp. has agreed to pay up to about $3.4 billion to settle claims that certain of its trucks and sport-utility vehicles lacked proper rust protection, leading to premature corrosion of vehicle frames. The agreement is a substantial financial setback at a time when the Japanese auto giant’s record-breaking profit streak has slowed in recent […]