Weak Holiday Season For Macy's, Penney, and Kohl's Deepens Turnaround Doubts

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Weak Holiday Season For Macy's, Penney, and Kohl's Deepens Turnaround Doubts

Despite a blockbuster 2019 holiday season that saw retail sales (excluding gas, restaurants, and cars) jump 5.1% to $714 billion, according to research firm Customer Growth Partners, department store chains looking for a strong finish to an otherwise weak …
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Investigation claims are 'scurrilous' and 'false,' says UAW President Gamble

In a letter to members Thursday, United Auto Workers President Rory Gamble denounced allegations he was involved in a kickback and bribery scheme being investigated by federal agents as a part of a broader corruption investigation, calling the charges …
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Some NYC subway riders are accidentally getting double-charged because of Apple Pay

Dozens of subway riders in New York City are being charged extra for their transit rides, and the Metropolitan Transportation Authority suspects that Apple may be partly to blame. The MTA is not explicitly pointing the finger at Apple, but it appears that some …
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CES: Hyundai, Uber team up to offer flying taxi service

LAS VEGAS – Traffic jams and flat tires might soon be a thing of the past, as Hyundai and Uber Elevate are teaming up to offer a new way to travel. “Flying is exciting and being able to push a button and get to fly, It is a vision that a lot of folks have had for a …
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IT solutions firm Synnex to separate into two publicly listed companies

Adds background, share price, details on company leadership. Jan 9 (Reuters) – Synnex Corp SNX.N said on Thursday it plans to separate into two publicly listed companies, Synnex Technology Solutions and Concentrix, sending the IT solutions company’s …
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