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NYSE chief warns it may leave New York if stock transfer tax is imposed

The New York Stock Exchange may leave New York State if Albany imposes a transfer tax on stock sales, the president of the Intercontinental Exchange Inc.-owned exchange operator said on Tuesday in an op-ed in the Wall Street Journal.....»»

Category: topSource: foxnewsFeb 9th, 2021

The Wall Street Journal: McKinsey reaches $573 million settlement with states over its work to boost OxyContin sales

Consulting giant McKinsey & Co. has reached a $573 million settlement with states over its work advising OxyContin maker Purdue Pharma LP and other drug manufacturers to aggressively market opioid painkillers, according to people familiar with the matter......»»

Category: topSource: marketwatchFeb 3rd, 2021

Feds allege AmEx misled small business owners to get them to sign up for pricey credit cards, according to report

American Express stock dropped as much as 4% after the Wall Street Journal reported federal investigators are probing its business-card sales tactics. American Express. .....»»

Category: smallbizSource: nytJan 7th, 2021

The Wall Street Journal: Digital spending pushed up U.S. holiday retail sales but results came in below some forecasts

Pandemic buying trends that favored household goods and food over apparel continued, according to early sales data from firms that track shopper spending......»»

Category: topSource: marketwatchDec 26th, 2020

The Wall Street Journal: Colombian airline Avianca files for Chapter 11 bankruptcy

Colombian airline Avianca Holdings SA filed for bankruptcy protection in the U.S. as travel restrictions curtail flights and the company vies for public assistance from the Colombian and other governments to endure the coronavirus pandemic......»»

Category: topSource: marketwatchMay 10th, 2020

The Wall Street Journal: China’s top commerce regulator to investigate Luckin Coffee

China’s top business and commerce regulator is investigating Luckin Coffee Inc., after the Nasdaq-listed coffee chain revealed that much of its 2019 sales were fabricated and caused massive losses for many investors.....»»

Category: topSource: marketwatchApr 27th, 2020

The Wall Street Journal: Neiman Marcus bankruptcy options include selling business, closing some stores

Neiman M.....»»

Category: topSource: marketwatchApr 20th, 2020

The Wall Street Journal: Smithfield to shut 2 more pork plants because of coronavirus

Smithfield Foods Inc. said it would close two more pork-processing plants because of the coronavirus pandemic, reducing meat supplies for grocery stores and deepening challenges for farmers......»»

Category: topSource: marketwatchApr 15th, 2020

The Wall Street Journal: Banks could lose over $100 Million from loan made to China’s Luckin Coffee chairman

Banks stand to lose more than $100 million from a loan they made to the chairman of Luckin Coffee Inc. whose share price plunged after the Chinese coffee chain last week said much of its 2019 sales were fabricated......»»

Category: topSource: marketwatchApr 6th, 2020

TripActions cuts hundreds of jobs as COVID-19 sinks corporate travel

TripActions Inc. on Tuesday made a deep cut in staff after the coronavirus pandemic sharply curtailed its corporate travel business. The Wall Street Journal cited an unnamed source who said the move involved hundreds and cut the Palo Alto company's wo.....»»

Category: topSource: bizjournalsMar 25th, 2020

American Express Employees Boosted Card Sales By Misleading, Coercing Business Owners: Report

The American Express Company (NYSE: AXP) employees used illegal tactics on small business owners to boost card sales, the Wall Street Journal reported Sunday. What Happened The salesperson gave false.....»»

Category: topSource: moneycentralMar 2nd, 2020

American Express Employees Boosted Card Sales By Misleading, Coercing Business Owners: Report

The American Express Company (NYSE: AXP) employees used illegal tactics on small business owners to boost card sales, the Wall Street Journal reported Sunday. read more.....»»

Category: blogSource: benzingaMar 2nd, 2020

American Express employees strong-armed small businesses to boost sales, according to former customers and employees

Matt Winkelmeyer/Getty Images for American Express American Express employees misled and coerced scores of small-business owners into signing up for cards, according to a Wall Street Journal report. Former and current employees said that AmE.....»»

Category: topSource: businessinsiderMar 1st, 2020

Juul Proposes "Age-Locked" E-Cigarettes To Win FDA Approval

Juul is planning to propose e-cigarettes that only unlock for persons above the legal age of smoking to the Food and Drug Administration as it seeks to remain in business in the United States, the Wall Street Journal reported Monday. read more.....»»

Category: blogSource: benzingaFeb 25th, 2020

Bed Bath & Beyond"s new CEO admits that stores are so cluttered that customers are leaving without buying anything due to "purchase paralysis"

Business Insider/Jessica Tyler In an interview with The Wall Street Journal, Bed Bath & Beyond's new CEO Mark Tritton discussed his plans to turn around the bus.....»»

Category: topSource: businessinsiderFeb 19th, 2020

Lam Research, KLA stocks slip after report says U.S. could restrict chip-equipment sales to China

Shares of chip-equipment companies Lam Research Corp. and KLA Corp. are off more than 3% in Tuesday morning trading after a Wall Street Journal report indicated that the Trump adm.....»»

Category: topSource: marketwatchFeb 18th, 2020

The Wall Street Journal: Macy’s to close 125 department stores and pull up stakes at underperforming malls

Also on the chopping block is dual-headquarters structure, with Cincinnati on the short end of the stick......»»

Category: topSource: marketwatchFeb 4th, 2020

The Wall Street Journal: Apple closes Chinese stores, corporate offices until Feb 9 due to coronavirus

Apple Inc. said Saturday it will close its stores and corporate offices in China until Feb. 9, a significant escalation in its response to the coronavirus outbreak gripping China and roiling global markets......»»

Category: topSource: marketwatchFeb 1st, 2020

McDonald"s quarterly comparable sales rise above Wall Street estimates

For the past couple of years, McDonald's has focused on improving dining experience by bringing technology to stores and improving delivery services, while also adding new burgers, beverages and breakfast foods to its menus to lure customers......»»

Category: topSource: foxnewsJan 29th, 2020

The Wall Street Journal: J.Crew hires former Victoria’s Secret exec Jan Singer as CEO

J.Crew Group Inc. has hired former Victoria’s Secret executive Jan Singer as its next chief executive, according to people familiar with the situation, in an effort to revitalize its namesake brand and reverse a long sales slump......»»

Category: topSource: marketwatchJan 28th, 2020