Latest Updates Around The World
NEW YORK– Walmart delivered another standout quarter as the promise of lower prices during the critical holiday shopping season attracted a broader spectrum of Americans, including wealthier households. However, the Bentonville, Arkansas-based company’s outlook on Thursday pointed to a volatile economic environment. Shares fell nearly 3% before the opening bell. Walmart reported fourth-quarter earnings of […]
The owner of Saks Fifth Avenue is seeking bankruptcy protection, beset by increasing competition and the massive debt he took on to buy his luxury rival, Neiman Marcus, just over a year ago. Saks Global has secured about $1.75 billion in financing, the New York company said as it filed for bankruptcy Wednesday in the […]
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