No Jobs to Be Shed in Federated/Citigroup Deal
June 3, 2005
Federated Department Stores sold its credit card business to Citigroup, but the retailer and its employees will continue to handle most of the day-to-day operations of the business.
Recent News
Pesticide Risks in US Produce: What You Should Know
Consumer Reports has completed an extensive review of pesticides in 59 types of fruits and vegetables commonly found in the U.S. The study analyzed seven years of data from the U.S. Department of Agriculture, revealing concerning findings about pesticide residues in our food.
Red Lobster Faces Possible Bankruptcy Amid Financial Struggles
Red Lobster is contemplating filing for Chapter 11 bankruptcy due to mounting debts and financial challenges.
Boeing To Introduce Flying Cars in Asia by 2030
Boeing, the U.S. aircraft manufacturer, has set its sights on introducing flying cars to Asia by 2030.
Wayfair To Launch Its First Physical Furniture Store Next Month
Wayfair, the online furniture retailer, announced its first physical store opening next month.