Business

Sears Is Closing Another 28 Kmart Stores As Sales Tumble Again

Sears Is Closing Another 28 Kmart Stores As Sales Tumble Again

Revenue dipped to $4.37 billion from $5.66 billion, in part because of all the store closings. The restructuring program has resulted in $1 billion in cost savings through the end of the second quarter, the company said, on a goal of $1.25 billion.


Audi will harvest solar energy to power its next-gen electric vehicles

Audi will harvest solar energy to power its next-gen electric vehicles

Audi is set to work with a subsidiary of Chinese solar cell business Hanergy with the aim of producing solar energy to boost the range of electric vehicles . In the future, the same technology could be used to feed the battery of an electric vehicle, thus creating an additional primary power for vehicles. Vehicle range is a key differentiator for electric auto consumers in both the premium and non-premium markets.


Karti Chidambaram told to move Delhi HC

Karti Chidambaram told to move Delhi HC

During a hearing before the apex court, Karti told the court he was willing to appear before the CBI. Passing a common order on two separate pleas moved by Karti on the summons issued by the CBI, and the FIR, Justice P Velumani said, "Though the petitions are maintainable and this court has jurisdiction, in the interest of justice to avoid conflicting views in case other parties approach Delhi or Mumbai high courts for the same relief".


Top UK cellphone seller blames weak pound for profit warning

Top UK cellphone seller blames weak pound for profit warning

Dixons Carphone Plc of their Oxford Street store. James said it was "too early to tell whether handset launches or the natural lifecycle of phones" would reverse this trend, but said the company was planning on the basis that overall market demand would not correct itself in the 2017-2018 financial year.


Home Depot, Inc. (The) (HD) Downgraded by BidaskClub

Home Depot, Inc. (The) (HD) Downgraded by BidaskClub

The dominant statistics will authorize the investment community to govern the size of The Home Depot, Inc . compared to the sales or total assets figures. Northern Capital Management Llc acquired 2,355 shares as Home Depot Inc (HD)'s stock rose 9.30%. Lennie William G. sold $4.86 million worth of stock .


Black Transgender Woman Killed by St. Louis Police

Black Transgender Woman Killed by St. Louis Police

Louis were taking part in a candlelight march for Kenny "Kiwi" Herring , a black transgender woman who was shot and killed by St. Louis police on Tuesday. St. Louis Post-Dispatch photographer David Carson captured the moment when the vehicle drove through the assembly on Manchester Avenue in the Grove.