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Earnings are rising at a pace not seen in almost two decades. Will it be enough to draw more people off the bench and into the job market?
Continue reading …(Reuters) – Toys ‘R’ Us Inc got court permission on Tuesday to borrow more than $2 billion to start paying suppliers so it can stock up on items like Lego building blocks and Barbie dolls for the holiday season, a day after it filed for bankruptcy.
Continue reading …NEW YORK (Reuters) – A U.S. judge said Veon Ltd shareholders may pursue much of a lawsuit accusing the multinational phone company once known as VimpelCom of inflating its share price by concealing a bribery scheme in Uzbekistan and overstating its financial controls.
Continue reading …(Reuters) – Massachusetts Attorney General Maura Healey filed a lawsuit on Tuesday against credit reporting firm Equifax Inc following a breach that exposed the personal data of up to 143 million people, including 3 million in the state.
Continue reading …To write “Nomadland,” Jessica Bruder spent three years traveling and working alongside grandparents and others living in school buses and vans seeking seasonal work.
Continue reading …WASHINGTON (Reuters) – A consumer watchdog agency could have levied $10 billion in penalties against Wells Fargo & Co last year for opening unauthorized customer accounts, but settled for a fraction of that to resolve the matter quickly, according to regulatory documents released on Tuesday.
Continue reading …(Reuters) – Alibaba Group-backed Chinese logistics firm Best Inc on Tuesday slashed the expected price range of its U.S. initial public offering, one day before its market debut, suggesting tepid investor enthusiasm.
Continue reading …(Reuters) – Department store operator Kohl’s Corp said select merchandise bought from Amazon.com Inc can be returned at 82 Kohl’s stores in Los Angeles and Chicago, starting October, further strengthening its partnership with the ecommerce giant.
Continue reading …(Reuters) – U.S. wireless carriers T-Mobile US Inc and Sprint Corp are said to be in active merger talks, CNBC reported, citing sources.
Continue reading …(Reuters) – U.S. stocks were little changed in morning trading on Tuesday as investors avoided taking major bets ahead of the two-day Federal Reserve meeting that is expected to roll out a plan to pare the central bank’s bond holdings.
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