(Reuters) – Macy’s Inc <M.N> said on Tuesday it plans to close 125 of its least productive stores over the next three years to tackle slowing mall traffic and will slash more than 2,000 corporate jobs as a part of a cost-savings effort. The Cincinnati, Ohio-based company operated 867 stores according to a regulatory filing […]
(Reuters) – Warehouse operator Costco Wholesale Corp <COST.O> on Wednesday raised its quarterly dividend by about 8%, joining a small but growing list of companies to do so at a time when most of corporate America is suspending shareholders returns in order to shore up liquidity as the coronavirus crisis deepens. Healthcare conglomerate Johnson & […]
By David Milliken MIDDLESBROUGH, England (Reuters) – Looming over the skyline of Teesside in northeast England stands the rusting hulk of what used to be Europe’s largest blast furnace, which shut in 2015 with the loss of more than 2,200 jobs. Attempts to bring investment and employment back to what was once one of England’s […]
