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Bed Bath & Beyond shares sink, CEO hints at store closures - Sears to close more stores amid retail industry tumult

Shares of home-furnishings retailer Bed Bath & Beyond (BBBY) sank more than 12% on Friday, on pace for their lowest closing level since 2009, after earnings missed expectations amid continued challenges in a highly c

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UBER CEO RESIGNS Company's founder Travis Kalanick steps down

FILE: Uber CEO Travis Kalanick gestures as he addresses a gathering during a conference of start-up businesses in New Delhi,  (Reuters) Uber founder Travis Kalanick resigned Wednesday as CEO after pressure from i

Business
KEYSTONE STATE 'BOOM' First coal mine under Trump praised as lifeline

Around 200 miners, business leaders and local politicians stood around tables covered in mining headgear and tablecloths labeled “Make Coal Great Again” as they overlooked a freshly dug coal pit located aroun

Business
John Flannery named Chairman and CEO of GE

Outgoing General Electric Chairman and CEO Jeffrey Immelt (C), Incoming CEO John Flannery (R) (Reuters) General Electric said Jeff Immelt would retire as chief executive and would be replaced by John Flannery, the hea

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JOBS BOOM 'Rip-Roaring' May Report Crushes Expectations

Private sector job growth 'rip-roaring' in May: ADP By Victoria Craig Job gains in the private sector far outpaced expectations in May, payroll processor ADP said Thursday, adding to sentiment

Business
Ford set to fire CEO Mark Fields as shares founder: source

By Laurence Frost and David Shepardson | PARIS/DETROIT Ford Motor Co is expected to announce the departure of Chief Executive Mark Fields in a broad management shake-up, a company source said