Second-quarter GDP data due Friday will show growth slipped to 1.8% from a 3.1% annualized pace in the first quarter, according to Bloomberg's
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New York (CNN Business) Huawei is laying off more than 600 workers in the United States as the Chinese technology giant continues to struggle with new restrictions from the Trump administration. The layoffs, announced Tuesday, will take place at …
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Today Krispy Kreme debuts its first store redesign in more than a decade, with a new location in Concord, N.C., that features a more modern look, conveniences like online ordering, and a new menu. The expanded menu, in an apparent throwback to the …
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New York (CNN Business) Alibaba said Tuesday it is opening up the Alibaba.com platform, allowing American companies to sell their products to small- and mid-sized business buyers around the world. That will help Alibaba (BABA) better compete with …
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WASHINGTON (Reuters) – U.S home sales fell more than expected in June as a persistent shortage of properties pushed prices to a record high, suggesting the housing market was struggling to regain speed since hitting a soft patch last year. FILE PHOTO: A …
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