Sources: CNN Money
The United States Department of Labor issues a significant estimate correction stating that the U.S. economy added 818,000 fewer jobs between April 2023 and March 2024 than what was initially reported in July, the largest estimate revision since 2009. 2024-08-21
The United States's GDP contracts 3.5% in 2020, its first annual contraction since 2009 following the financial crisis of 2007–2008 and the country's worst economic performance since 1946. 2021-01-28
A US federal judge orders PricewaterhouseCoopers to pay US$625.3 million compensation to Federal Deposit Insurance Corp. The judge rules PwC negligently caused losses to F.D.I.C. by failing to uncover fraud during audits of Colonial BancGroup. Colonial, one the nation's 25 largest banks, and Taylor, Bean & Whitaker, the 12th-largest mortgage broker in the US, both collapsed in August 2009 as a result of fraud between the two. F.D.I.C. was the receiver for Colonial. 2018-07-2
Starbucks executive chairman and former CEO Howard Schultz retires from the company. 2018-06-4
After struggling with debt from a leveraged buyout, Claire's files for chapter 11 bankruptcy in the United States. The company has issued a statement that it expects its stores to remain operational while it restructures its debt. 2018-03-19
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
Google strikes a $1.1bn (£822m) deal with Taiwan's HTC to expand its smartphone business. 2017-09-21
Sears, Roebuck & Co. announces it will be closing eight more of its namesake department stores, as well as thirty five Kmart locations in addition to the hundred and fifty stores that they had announced in January would be shuttered. 2017-07-7
Stock markets in the United States and Europe rally after major banks, including the European Central Bank and the United States Federal Reserve, initiate a plan to help end the European sovereign debt crisis. 2011-09-15