Sources: CNN Money
The United States enters a technical recession after its economy shrank for the 2nd consecutive quarter. 2022-07-28
Harley-Davidson, a US motorcycle manufacturer, states that it intends to shift export production for the EU overseas. The company reports that the decision is related to rocky trade relations between the European Union and the United States. 2018-06-25
Amid concerns that the value of the company's stocks would fall after the decision to cease the sales of certain firearms, Dick's Sporting Goods reports a stronger than expected quarter, with shares up 27%. 2018-05-30
The largest U.S. broadcaster, iHeartMedia, owner of 850 radio stations, files for chapter 11 bankruptcy after accumulating US$20 billion in debt. 2018-03-15
Shortly after the announcement of the closure of Toys "R" Us stores in the UK, the company announced that they will close down all 800 stores in the United States, resulting in the loss of about 33,000 jobs. 2018-03-14
The U.S. Department of Justice files a lawsuit blocking the potential merger of AT&T and Time Warner. 2017-11-20
U.S.-based electric automobile maker Tesla fires 400 employees. 2017-10-13
Multinational U.S. conglomerate Honeywell announces plans to spinoff its Homes, ADI Global Distribution, and Transportation Systems businesses into two separate, publicly-traded companies by the end of 2018. 2017-10-10
New York State-based GateHouse Media announces an agreement to buy 11 U.S. newspapers from Georgia-based Morris Communications. Included in the deal is the "Log Cabin Democrat", founded in 1879, and three Alaskan newspapers: the "Juneau Empire", the "Peninsula Clarion" and "Homer News". The deal is expected to close on October 2. 2017-08-10
Robert Kaplan, head of the Federal Reserve Bank of Dallas, says that low bond yields suggest sluggish growth ahead for the economy of the United States. 2017-06-20