Articles filed under Bloomberg
-
Walmart, Target minimum wage hikes drive average U.S. retail payAug 13, 2019 9:41 am - Despite an industry shakeout that's been dubbed the retail apocalypse, store workers who have hung in there are seeing better pay than a generation ago, even with inflat...
-
Cybersecurity pros can name their price as hacker attacks swellAug 12, 2019 6:31 am - It took a $650,000 salary for Matt Comyns to entice a seasoned cybersecurity expert to join one of America's largest companies as chief information security officer in 2...
-
Trump tech tariffs would add $1B monthly to import costsAug 12, 2019 6:30 am - U.S. technology companies would pay an additional $1 billion a month or more in tariffs if President Donald Trump follows through on his threat to impose duties on addit...
-
Jeffrey Epstein, accused of sex trafficking, found dead in jailAug 11, 2019 4:25 pm - Jeffrey Epstein, the investor who faced federal charges of molesting teenage girls, has died, according to multiple news reports. Epstein was found dead in his Lower Man...
-
Trump voices dismay over strong dollar, renews Fed cut callAug 09, 2019 1:03 pm - President Donald Trump took fresh aim at the U.S. currency on Thursday, taking a step closer to scrapping long-standing White House support for a strong dollar. "One wou...
-
Barneys goes from suit seller to high fashion to just hanging onAug 08, 2019 10:24 am - Barneys New York Inc., the upscale clothing retailer with once-famously haughty sales people, has found humility. After filing for bankruptcy Tuesday, the monument to hi...
-
Tesla scrutinized by U.S. agency over Model 3 safety claimsAug 08, 2019 10:24 am - The National Highway Traffic Administration sent Tesla's Elon Musk a cease-and-desist letter last year regarding Model 3 safety claims and subpoenaed the carmaker for in...
-
When every day is a sale, stores struggle to catch shoppers' attentionAug 08, 2019 1:52 pm - Levi Strauss CEO Chip Bergh remembers when back-to-school shopping was a one- or two-week thing. Now, it seems to go on forever. "Back to school used to be a moment," Be...
-
Wall Street's shady swap trades spark pushback from regulatorsAug 06, 2019 9:31 am - Wall Street's push to clean up a $10 trillion corner of the derivatives market is getting poor reviews from an important audience: global financial regulators. Behind cl...
-
U.S. stocks have biggest plunge of 2019 amid trade tensionAug 06, 2019 2:35 pm - Financial markets buckled after China escalated the trade war with the U.S., sending American stocks to the biggest drop this year and sparking a rally in global bonds. ...