Business
Sony’s (SNE) stock is going down, and it isn’t clear whether the weakness is in the industry or management. The company reported greater than...
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Business
According to Fitch, which gave Sears Holdings a CC rating recently, stated the company had a high probability of default, the classic retailer may...
Business
Israel’s Serendip, a social music discovery service, has announced that it will be shutting down operations after only three years in existence. The firm...
Business
Bernard Madoff’s only surviving son, Andrew, died Wednesday of cancer at age 48, according to his attorney. Andrew Madoff, surrounded by his still living...
Business
Israel Chemicals Ltd. (TASE: ICL) board of directors has instructed the company’s management to prepare to close its magnesium plant by January 1 2017...
Business
Sears CEO Eddie Lampert doesn’t seem to have much luck in the U.S. or Canada. The iconic retailer has been ailing the past few...
Business
CNBC’s Jim Cramer put Hertz CEO Mark Frissora’s picture on his notorious Mad Money Wall of Shame and said, “Sir, as long as your...
Business
Marcus Lemonis, CNBC host of “The Profit” may be the one to rescue Crumbs Bake Shop from bankruptcy with a $6.5 million bid to...
Business
American Apparel is still a troubled company, forced to deal with slower sales and expenses that rose over ongoing problems connected to the ouster...
Business
After the change of ownership at Karstadt, the leadership of the ailing department store chain is losing no more time going into the renovation...