Bed Bath & Beyond CEO ousted after another dour quarter
Bed Bath & Beyond’s CEO was ousted Wednesday as the home goods retailer struggles to figure out what people want…
Headlines
Wall Street Falls After Open On Rate Hike Woes
(Reuters) – The S&P 500 and the Nasdaq fell after the opening bell on Wednesday, after several policymakers made a…
World Bank’s Reinhart Sees ‘long Haul’ Before Any Debt Reductions For Developing Countries
By Andrea Shalal MADRID (Reuters) – World Bank chief economist Carmen Reinhart said it could take many more years before…
Strong ruble could hurt Russian businesses, official warns
MOSCOW (AP) — As the ruble strengthens to levels not seen in seven years, Russia’s minister of economic development warned…
US economy slipped 1.6% to start year; return to growth eyed
WASHINGTON (AP) — The U.S. economy shrank at a 1.6% annual pace in the first three months of the year,…
Bed Bath & Beyond Replaces CEO As Sales Slump
(Reuters) -Bed Bath & Beyond Inc Chief Executive Mark Tritton has stepped down as part of a management shake-up, which…
Czech brewer Budvar again increases net profit amid pandemic
PRAGUE (AP) — Budvar, the Czech brewer that has been in a long legal dispute with U.S. beer giant Anheuser-Busch…
COVID Can’t Break South Africa’s Love Affair With Shopping Malls
By Nqobile Dludla JOHANNESBURG (Reuters) – With two days to go until opening to the public, workers rush to put…
Three Chinese Companies Plan Swiss, London Listings
SHANGHAI (Reuters) – Three Chinese companies – a chip maker, a beverage producer and an electronic firm said on Wednesday…
EU countries approve climate measures after long talks
BRUSSELS (AP) — European Union countries reached a deal following hard-fought talks that dragged into early Wednesday to back stricter…