admin June 19, 2018

Few women make it to the top of the business world. So it’s a big deal when they do. But it’s also a big deal when they leave. Several high-profile female CEOs announced they were stepping down last year, including Marissa Mayer at Yahoo and Irene Rosenfeld at Mondelez. Following these exits, the number of […]

admin June 19, 2018

A major UK retailer has admitted a data breach involving 5.9 million payment cards and 1.2 million personal data records. Dixons Carphone (DSITF) said Wednesday that it had discovered an attempt to compromise card processing systems at its Currys PC World and Dixons Travel stores. The company confirmed that card firms have been notified. It […]

admin June 19, 2018

Escalating trade tensions have all but wiped out the optimism that businesses felt because of tax cuts, a Federal Reserve official says. Raphael Bostic, president of the Atlanta Fed, said Monday that trade fears have dimmed his forecast for economic growth. In prepared remarks for a speech in Savannah, Georgia, Bostic said he began the […]

admin June 18, 2018

Savvy investors must pay attention to whether executives are buying up shares of their own companies. That’s according to David Miller, the co-founder, chief investment officer and senior portfolio manager of Catalyst Mutual Funds, an investment manager. “Insider buying by top executives can be a tremendous catalyst towards really great results on the earnings front,” […]

admin June 18, 2018

Even at the very top of American business, people hesitate to openly discuss sexual harassment. An April 2018 Boardlist survey revealed 57% of board members said their group still hadn’t discussed sexism at work or the far-reaching impact of the #MeToo movement. Even among those boards that had raised the topic, 78% said their boards […]

admin June 18, 2018

H&R Block is everywhere — and that’s a problem. The company said it plans to close 400 smaller offices after it lowered its sales and profit margin outlook for the rest of the year. H&R Block’s (HRB) stock plunged nearly 20% Wednesday. During a conference call with analysts after the closing bell Tuesday, H&R Block […]

admin June 18, 2018

Before moving to India, John Achillea managed an Ikea store in St. Louis, Missouri, that got 1.6 million visitors a year. That was nothing. Achillea, who started working for Ikea in 1996, is now racing to open the brand’s first location in India. He expects the debut store in Hyderabad to get 7 million visitors […]

admin June 18, 2018

How’s this for déjà vu? Another debt crisis is brewing in Europe. Greece needs European creditors to release cash from a bailout agreed in 2015 so it can make debt repayments, but officials are at loggerheads. Investors are starting to worry, demanding higher returns on Greek debt. Adding to the confusion is a warning from […]