NEW YORK (CNN Business) – If Sears wants to avoid bankruptcy, it’ll practically have to pull a rabbit out of a hat. The company thinks it found a director who can help do the trick.Sears (SHLD) ann… MORE
Category Archives: CNN – Business
China is buying fewer cars. GM and VW are feeling the pain
HONG KONG (CNN Business) – Sales in the world’s biggest auto market are falling, causing big problems for top global brands that have come to rely on it for much of their growth.China has been a so… MORE
Airbus has a new CEO. Can he take the company to new heights?
LONDON (CNN Business) – Airbus has named French engineer Guillaume Faury as its next CEO. Managing the potential fallout from Brexit will be his first challenge, but there are plenty of others too.… MORE
Cash-strapped GE unloads $1 billion of energy investments
NEW YORK (CNN Business) – General Electric might be under new management, but its quest to get smaller continues.In the first deal under new CEO Larry Culp, GE (GE) said on Monday it’s unloading a… MORE
Best Buy is cashing in as Americans grow older
NEW YORK (CNN Business) – Americans are getting older. That’s an opportunity for Best Buy.In August, Best Buy announced it would buy GreatCall for $800 million. GreatCall makes Jitterbug cell phone… MORE
Nobel Prize in economics awarded to William Nordhaus and Paul Romer
LONDON (CNN Business) – American economists William Nordhaus and Paul Romer have been awarded the Nobel Prize for their work on understanding how economies can grow sustainably. Nordhaus, a profess… MORE
Who needs brand names? Now Amazon makes the stuff it sells
() – If you search for dog food on Amazon, you’ll probably find a bag with a picture of a woman perched on an ocean cliff patting a fluffy, golden dog.It looks like any of the thousands of dog foo… MORE
Staffing up for the holidays was already tough. Then came Amazon.
WASHINGTON (CNN Business) – For companies trying to staff up for the holidays, Amazon’s move to a $15 minimum wage comes at a bad time. “It’s causing a lot of buzz with my clients: How do we addres… MORE
Struggling toy industry braces for next round in US-China trade war
NEW YORK (CNN Business) – Tough times for the toy industry could turn downright miserable next year if the trade war keeps escalating. The American toy industry is trying to recover from Toys “R” U… MORE
How Casper drove Mattress Firm into bankruptcy
NEW YORK (CNN Business) – Beds-in-a-box have brought the country’s largest mattress retailer to its knees.Mattress Firm filed for bankruptcy on Friday to escape hundreds of leases it could no longe… MORE
