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Business News

Thursday, Jan 5, 2017 at 10:20 PM CST

Toyota Stocks Dip After Trump Tweet on Planned Mexico Plant

Toyota Stocks Dip After Trump Tweet on Planned Mexico Plant

Toyota Motor Corp. stock fell 2 percent in early Friday morning trading after President-elect Donald Trump said on Twitter that the Japanese automaker faces a "big border tax" if it goes ahead with plans on a...

Thursday, Jan 5, 2017 at 12:01 PM CST

Sears to Sell Craftsman Tool Brand for $900M

Sears to Sell Craftsman Tool Brand for $900M

Sears is selling its well-known Craftsman brand to Stanley Black & Decker Inc., which plans to grow the tool brand by selling its products at more stores. Currently, only 10 percent of Craftsman products are...

Wednesday, Jan 4, 2017 at 04:39 PM CST

Macy's Firing 10,000, Closing 68 Stores Including 8 in Texas

Macy's Firing 10,000, Closing 68 Stores Including 8 in Texas

Macy's says it is eliminating more than 10,000 jobs and plans to move forward with 68 store closures after a disappointing holiday shopping season.

Thursday, Jan 5, 2017 at 09:23 AM CST

Macy's to Close 65 Stores in 2017, Cut 10K Jobs

Macy's to Close 65 Stores in 2017, Cut 10K Jobs

Macy's announced Wednesday it is shutting down 65 stores in 2017 and eliminating an estimated 10,000 jobs as it battles slowing sales and growing online competition. The closures are part of a previously...

Wednesday, Jan 4, 2017 at 03:43 PM CST

Dallas-Based Southwest Adds Flights to Cincinnati

Dallas-Based Southwest Adds Flights to Cincinnati

Dallas-based Southwest Airlines is coming to the Cincinnati region's airport while pulling out of Dayton, Ohio, some 80 driving miles away.

Wednesday, Jan 4, 2017 at 05:23 PM CST

Tillerson Parts Ways With Exxon, $180M Retirement Package

Tillerson Parts Ways With Exxon, $180M Retirement Package

Rex Tillerson, President-elect Trump's nominee for secretary of state, is severing ties with Irving-based Exxon Mobil.

Tuesday, Jan 3, 2017 at 02:42 PM CST

Sneaker Makers Stake Claim in Boston

Sneaker Makers Stake Claim in Boston

Shoe makers are racing to the Boston area as they compete for millennial talent. Reebok picked the city's rapidly growing Seaport District for its new global headquarters in December, following in the...

Tuesday, Jan 3, 2017 at 11:27 AM CST

Ford Cancels Mexico Plant, Will Reinvest in Michigan

Ford Cancels Mexico Plant, Will Reinvest in Michigan

Ford announced the cancellation of a new $1.6 billion plant in Mexico and will instead reinvest in Michigan.

Saturday, Dec 24, 2016 at 03:15 AM CST

Whole Foods Managers Fired for Whistleblowing: Lawsuit

Whole Foods Managers Fired for Whistleblowing: Lawsuit

Nine managers who were fired by Whole Foods supermarkets for allegedly manipulating a bonus program filed a class-action lawsuit against the grocery chain. According to the lawsuit filed this week in D.C....

Thursday, Dec 22, 2016 at 08:58 AM CST

New Jersey Alleges Rent-A-Center Tolerated Racial Slurs

New Jersey Alleges Rent-A-Center Tolerated Racial Slurs

New Jersey has filed a civil rights lawsuit against Plano-based Rent-A-Center, saying the national retailer tolerated racial slurs a manager reportedly used frequently at two of the company's stores.

 
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