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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

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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Wall Street falls as job openings data adds to rate hike jitters

Wall Street falls as job openings data adds to rate hike jitters

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 29, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register Best Buy sales beat estimates as discounts spur demand Jobs openings in July rises sharply Indexes down: Dow 0.58%, S&P 0.71%, Nasdaq 0.72% …

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