Dollar General to speed up new store openings as rivals merge
(Reuters) – Dollar General Stores Inc said on Thursday it plans to accelerate new store rollouts in a bid to bolster its position among U.S. discount retailers after failing to upend a merger agreement between rivals Family Dollar and Dollar Tree .
GM to cut Chevy, GMC powertrain warranty to 60,000 miles
DETROIT (Reuters) – General Motors Co said on Thursday it plans to cut its powertrain warranty on Chevrolet and GMC vehicles for the 2016 model year because the offer was not a strong enough selling point.
U.S. business inventories flat, inventory-to-sales ratio highest since 2009
WASHINGTON (Reuters) – U.S. business inventories were unchanged in January and further declines in sales pushed the number of months it would take to clear shelves to the highest since July 2009, which suggests a stock drawdown in the months ahead.
Target pressured on wages by group with focus but little to spend
(Reuters) – With shallow pockets but a deep commitment to promote “living wages”, women’s advocacy group UltraViolet has peppered Target Corp with cheap location-focused online ads, challenging it to match Wal-Mart Stores Inc’s promise of $10-an-hour b…
U.S. retail sales fall in February, weather likely a factor
WASHINGTON, March 12 (Reuters) – U.S. retail sales unexpectedly fell for a third straight month in February likely
U.S. import prices rise, but inflation pressures still muted
WASHINGTON (Reuters) – U.S. import prices rose in February after seven months of declines as the cost of petroleum increased, but there was still little sign of imported inflation pressures.
Futures edge up after recent declines; data on tap
NEW YORK (Reuters) – U.S. stock index futures edged higher on Thursday, suggesting a partial rebound following a string of declines, as investors looked ahead to data for indications of how soon the Federal Reserve is likely to raise interest rates.
Euro pulls out of dive, stocks edge higher
LONDON (Reuters) – The euro pulled out of its recent dive and the dollar eased off the accelerator pedal on Thursday, as markets took a breather after a week of breakneck moves in the world’s two biggest currencies.
Court upholds dismissal of manslaughter charges against BP employees
(Reuters) – A federal appeals court upheld a district judge’s decision to drop manslaughter charges against two former BP Plc well site managers over their roles in the 2010 Gulf of Mexico oil drilling disaster that killed 11 people.
New Credit Suisse boss faces stiff challenge in Asia
HONG KONG/LONDON (Reuters) – Incoming Credit Suisse boss Tidjane Thiam is expected to focus on private banking in Asia while aggressively cutting jobs at its investment bank, as he aims to repeat the success in the region of his old employer, Prudentia…
