J. C. Penney names retail veteran, Joann Stores chief as new CEO
J. C. Penney Co Inc on Tuesday hired Jill Soltau, former chief executive officer of privately held fabric and crafts retailer Joann Stores, to the top job, effective mid-October.
AMD needs perfection to justify share price rally: analysts
Advanced Micro Devices Inc shares have been the S&P 500’s rock star gainer this year, but a recent slide signals some investors are hedging their bets that it can make major inroads in the server computer chip market dominated by Intel Corp . On Tuesday, AMD was the top decliner and Intel the top gainer on the S&P 500. The company has a steep hill to climb to live up to the hopes that had pushed its shares up as much as 228 percent last month from las
Exclusive: Exxon explores sale of U.S. Gulf of Mexico assets – sources
Exxon Mobil Corp is exploring the sale of many of its U.S. Gulf of Mexico assets, as higher prices prompt the world’s largest publicly traded oil company to review its portfolio, people familiar with the matter said on Tuesday.
J. C. Penney names former Joann Stores chief as CEO
J. C. Penney Co Inc on Tuesday named Jill Soltau as its new chief executive officer, effective mid-October, ending the department store chain’s months-long search to fill the top job.
Italy weighs on global stocks, but Dow bucks trend to mark record high close
Stock indexes around the globe weakened on Tuesday, European assets sold off and Italy’s bond yields hit multi-year highs after an Italian lawmaker made anti-euro comments, though Wall Street’s blue-chip index bucked the trend and set a new record.
Canada PM takes Quebec dairy gamble to preserve big trade deal
With his political future at stake, Canadian Prime Minister Justin Trudeau will mount a charm offensive to placate dairy farmers who say he sold them out in order to win approval of a continental trade deal.
J.C. Penney names Jill Soltau as CEO
J. C. Penney Co Inc on Tuesday named Jill Soltau as its new chief executive officer, effective mid-October, ending the department store chain’s months-long search to fill the top job.
Mexican, Canadian steel lobbies urge fix to U.S. tariff dispute
The steel industries of Mexico and Canada on Tuesday urged their governments to resolve a tariff dispute with the United States before signing a new trilateral trade deal that was unveiled this week.
Fed’s Powell says U.S. outlook ‘remarkably positive’
U.S. Federal Reserve Chairman Jerome Powell on Tuesday hailed a “remarkably positive outlook” for the U.S. economy that he feels is on the verge of a “historically rare” era of ultra-low unemployment and tame prices for the foreseeable future.
How Trump’s son-in-law helped salvage the North American trade zone
Robert Lighthizer was the public face of arduous, year-long talks to rework NAFTA, but as he savored a successful conclusion in the White House Rose Garden on Monday, the U.S. trade representative singled out another man as the deal’s architect.
