Macy’s will close roughly 125 stores, a fifth of its locations, over the next three years. After previously announcing it would close 28 locations, Macy’s said Tuesday that it will now shutter nearly 100 more. The retailer also said that it is cutting about 2,000 …
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Investors eager to see returns from Ford’s $11 billion global restructuring plan were disappointed by its Q4 and full-year results. Linkedin Share · Facebook Share · Twitter Share · Mail Share · Matthew Heller. Ford CEO James Hackett (right) and a team …
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Fintech start-up Instamojo on Wednesday said it has acquired GetMeAShop, a Gurugram-based start-up owned by Times Internet, in a deal that will see Times Internet further invest in the combined entity. The value of the deal is $5 million, Instamojo founder …
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Air mobility company Wisk has singed an agreement with the New Zealand government to set up and run an air taxi trial in the region of Canterbury, with the goal of flying passengers once its Cora aircraft is certified to do so by the country’s aviation authority.
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The outbreak of coronavirus in China has given rise to a tough situation for companies operating in the region. Leading sportswear retailer NIKE Inc. (NKE – Free Report) is among the companies that are anticipating the current situation in China to have a …
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