A bit lost amid the wave of bankruptcies and massive announced store closures are some notable brands who are exiting the retail business. Microsoft announced that they are closing all 83 of their retail stores, both in the U.S. and around the world. They will …
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Elsie the cow has a new home. Borden dairy, which filed for bankruptcy protection in January, has been sold to two private equity firms. Dallas-based Borden said Friday it was sold for about $340 million to Capitol Peak Partners and KKR. Colorado-based …
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Four major automakers will remain neutral in a legal standoff over the Trump administration’s plan to substantially weaken federal fuel economy standards developed under the Obama White House, according to early media reports. Ford, Volkswagen, Honda …
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The Brewers Association has announced a second round of layoffs, cutting 17% of its workforce, the national trade group confirmed to Brewbound. The layoff amounted to nine additional employees of the BA, including one of its most recognizable faces and …
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WASHINGTON — The Federal Reserve’s cap on shareholder payouts by big banks immediately launched a second-guessing game within the banking industry, with many holding out judgment until the path of economic recovery from the pandemic is more …
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