Register now to get free unlimited access to Reuters.com Register Aug 31 (Reuters) – Bed Bath & Beyond, Inc. (BBBY.O) said on Wednesday it had signed deals worth more than $500 million in new financing and would close 150 stores, cut jobs and overhaul its business strategy to try to turn it around. About her …
Bed Bath & Beyond to cut jobs and close stores in an effort to reverse losses Read More »
Crude oil storage tanks from above at the Cushing Oil Center, in Cushing, Oklahoma, US, March 24, 2016. REUTERS/Nick Oxford Register now to get free unlimited access to Reuters.com Register US Crude Oil and Gasoline Inventories Fall – EIA China factory data disappointing OPEC + considers production cuts NEW YORK (Reuters) – Oil prices extended …
Oil prices are falling again, affected by demand concerns Read More »
Register now to get free unlimited access to Reuters.com Register Alibaba notification of US audit – sources US-listed Chinese companies will begin checking accounts next month Follows the historic US-China audit deal Alibaba shares are down about 3%. HONG KONG (Reuters) – U.S. regulators have chosen e-commerce giant Alibaba Holdings Group (9988.HK) and other U.S.-listed …
Exclusive: US regulators scrutinize Alibaba, other Chinese companies’ audit sources Read More »
TOKYO/WASHINGTON, Aug. 29 (Reuters) – Japan’s Honda Motor Co. (7267.T) will build a new $4.4 billion lithium-ion battery plant for electric vehicles in the United States with Korean battery provider LG Energy Solution Ltd (373220.KS), the two companies said. Monday. Battery makers are looking to ramp up production in the United States as the shift …
Honda Motor and LG Energy to build $4.4 billion US electric battery factory Read More »