The closing of stores is projected to save Macy’s about $US550 million by the end of the year. AP by Christopher Mele Struggling with sagging sales over another crucial holiday shopping season, Macy’s announced on Wednesday that it was eliminating more than 10,000 jobs as part of a continuing plan to cut costs and close 100 stores.…
DetailsThe holidays are a wonderful time to spend with family, friends, and Netflix. This past holiday season, not only did I catch up on HBOs buzzy Westworld and preview the new season of Hulus cult drama The Path, but I discovered my very favorite movie genre on Netflix. And that is the Fake Wedding. The…
DetailsA Yukon woman who lived an “extremely lavish lifestyle” while evading personal taxes has been ordered to pay off some of what she owes and seek counseling for an alleged gambling addiction. Yen Ngoc Tran, or Kathy Tran, 52, filed for bankruptcy last year. Audits by the Canada Revenue Agency (CRA) found she owed more than $1.17 million in taxes. Yukon…
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DetailsLatest News Western Sydney Airport to begin operations by 2026 William Villalon appointed President of APL Logistics Marcel de Nooijer appointed Executive VP, Air France-KLM Cargo Paul Coutts joins SingPost as Group CEO Australian line Great Southern Shipping (GSS) Australia filed for insolvency on 23 December 2016, and its creditors will meet in Sydney on…
DetailsBen Hogan Golf sparked talk just days into 2017 that the company had gone out of business, with multiple reports of mass layoffs suggesting an imminent end to the brand’s revival. However, Ben Hogan Golf isn’t out of business. Instead, in response to rapidly spreading reports of slashing most of its staff, the company’s CEO,…
DetailsBarrick Gold may have to wait until at least the end of the month to close the $US1.3 billion sale of its half of the Kalgoorlie Super Pit, as its Chinese suitor conducts a corporate restructure amid talks to find a way through tough new capital control laws in China. Barrick has maintained radio silence…
DetailsMore than one in five cash-strapped Brits spend every single day of their lives worrying about money, a new study reveals. The equivalent of 11 million people are financially stressed and struggling to balance household budgets. Young people aged 18 to 34 are suffering the most as more than half said they frequently worried about…
DetailsFianna Fáil has called on the Tánaiste to take urgent action following claims the Irish Circuit Courts may be incorrectly applying EU law when ordering home repossessions. The Master of the High Court, Edmund Honohan has said that many repossession orders are granted in the Circuit Courts by county registrars who do not have the…
DetailsUpdated Jan. 4, 2017 4:16 p.m. ET The holiday has been cut short for customers of U.K.-based cruise line operator All Leisure Holidays Ltd. The company, which operates the cruise lines Voyages of Discovery and Swan Hellenic, sought the British equivalent of chapter 11 protection on Wednesday, leading to thousands of canceled vacations. The U.K.s…
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