(Reuters) – Shares of Bed Bath & Beyond Inc (BBBY.O) fell 26% on Tuesday after the home furnishing retailer said sales in the first two months of the final quarter were hit by increased promotions, falling store traffic and inventory management issues.
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The Trump administration’s budget proposal scraps a loan program that could help an upstart electric vehicle company’s plans to reuse the now-closed General Motors factory in Lordstown, Ohio. In a summary of the budget for the coming fiscal year, the …
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Apple Inc. lost its bid to reargue that VirnetX Holding Corp. patents on secure communications are invalid. The U.S. Court of Appeals for the Federal
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Facebook’s family of apps garner nearly 3 billion monthly users worldwide, but internally, the social media giant is struggling to represent the diversity of those it serves. Diversity shortcomings at the top levels of business continue to be highlighted in the news, …
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Federal Reserve governor Michelle Bowman said Monday the current setting of the central bank’s monetary policy should help the U.S. economy continue to grow. “The national economic backdrop looks very favorable, which should be broadly supportive of …
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