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 »
A customer walks into a Bed Bath & Beyond store in Novi, Michigan, US, January 29, 2021. REUTERS/Emily Elconin Register now to get free unlimited access to Reuters.com Register NEW YORK, Aug 30 (Reuters) – As Bed Bath & Beyond Inc (BBBY.O) prepares to disclose Lifeline Financial — a roughly $375 million loan — investors …
Bed, Bath & Beyond loan of $375 million is temporary relief before the holiday season Read More »
European stocks and US futures rise 0.7% Bonds steady ahead of German inflation data Markets brace for more aggressive Fed and European Central Bank actions Oil plunges 4% on fears of an economic slowdown LONDON (Reuters) – Stocks rose and euro zone bond yields tumbled on Tuesday as investors took a breather ahead of the …
People pass an electronic screen displaying Japan’s Nikkei stock price index inside a conference hall in Tokyo, Japan, June 14, 2022. REUTERS/Issei Kato Register now to get free unlimited access to Reuters.com Register Aug 30 (Reuters) – A look at the day ahead in Asian markets from Jamie McGovern Another dam has exploded, with the …
JACKSON HOLE, Wyo, Aug. 29 (Reuters) – The message from the world’s top financial officials is loud and clear: rampant inflation is here to stay and taming it will require an extraordinary effort, likely a recession with job losses and shock waves. developing markets. This price is still worth paying, however. Central banks have spent …
Analysis: The pain of breaking inflation will reverberate around the world Read More »