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8,600 brick-and-mortar stores will follow JCPenney and Payless in closing this year, report says

This week it was Bebe. Last month it was Staples. In February it was JCPenney. Stores are closing at an epic pace. In fact, the retail industry could suffer far more store closures this year than ever. Brokerage fi

Business
U.S. business group urges Washington to 'use every arrow' against China

U.S. President Donald Trump waves as he and China's President Xi Jinping walk along the front patio of the Mar-a-Lago estate after a bilateral meeting in Palm Beach, Florida, U.S., April 7, 2017. REUTERS/Carlos

Business
Apple receives permit in California to test self-driving cars: DMV

By Jessica Resnick-Ault Apple Inc (AAPL.O) has secured a permit to test autonomous vehicles in California, fuelling speculation that it is working on self-driving car technology in a crowded arena of companies ho

Business
Apple receives permit in California to test self-driving cars: DMV

By Jessica Resnick-Ault Apple Inc (AAPL.O) has secured a permit to test autonomous vehicles in California, fuelling speculation that it is working on self-driving car technology in a crowded arena of companies ho

Business
Uber's communication head Rachel Whetstone to depart

FILE PHOTO: A man arrives at the Uber offices in Queens, New York, U.S., February 2, 2017. REUTERS/Brendan McDermid Ride services company Uber Technologies Inc UBER.UL said on Tuesday its head of communications,

Business
Wal-Mart eliminates more corporate jobs

A shopper pushes a cart outside a Walmart store in Monterrey, Mexico March 6, 2017. REUTERS/Daniel Becerril Wal-Mart Stores Inc (WMT.N) said on Tuesday it is eliminating more U.S. corporate jobs this month, even