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Bed Bath & Beyond to cut jobs and close stores in an effort to reverse losses

Bed Bath & Beyond to cut jobs and close stores in an effort to reverse losses

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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 …

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Honda Motor and LG Energy to build $4.4 billion US electric battery factory

Honda Motor and LG Energy to build $4.4 billion US electric battery factory

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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 …

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