China lifts foreign ownership limits on financial firms

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China lifts foreign ownership limits on financial firms

BEIJING (Reuters) – The Chinese government on Friday said it will raise foreign ownership limits in domestic financial firms, a long-anticipated step that grants greater access to overseas investors into the Asian giant's financial services market …
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Macy's Hasn't Seen Sales Grow in 3 Full Years

The largest U.S. department store operator said on Thursday that comparable sales fell 3.6% in the third quarter, their 12th straight decline, and one that was a percentage point worse than what Wall Street analysts were expecting, according to Thomson
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Nordstrom swings to a profit, but investors disappointed by key sales number

Nordstrom reported that comparable sales, a key metric, fell 0.9 percent in the latest quarter. (Erika Schultz/The Seattle Times).
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Island Air to shut down after 37 years

Island Air's last flight will be flight #449, scheduled to depart Kahului (OGG) on Friday, Nov. 10, at 10:14 p.m. and arrive in Honolulu (HNL) at 10:49 p.m.. Earlier this month, Island Air says it was forced to file for Chapter 11 bankruptcy protection …
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Hong Kong's Hang Seng to Remove Cathay Pacific From Index

Hong Kong's Hang Seng is to remove struggling airline Cathay Pacific from its index, Bloomberg News reports. According to a statement from the
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