Macy's to lay off 13% of corporate staff, close five stores
The department-store retailer said it is trying to "meet the needs of an everchanging consumer and marketplace."
Source: marketwatch.com
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Birkenstock shares slide as it floats price hikes to offset new factory costs
Despite posting a surprise fourth-quarter loss, analysts called the sandal maker's results "encouraging."
Source: marketwatch.com
Meyer Burger Shares Tumble on Plans to Close German Site, Focus on U.S.
By Nina Kienle Meyer Burger Technology shares tumbled after the Swiss photovoltaic company said it is preparing to close a German site to cut losses and...
Source: marketwatch.com
BHP Records Iron-Ore Production Decline in 1H -- Commodity Comment
BHP Group, the world's biggest miner by market value, said first-half production of iron ore and metallurgical coal fell year-on-year, while output of...
Source: marketwatch.com
Petroleum Product Futures Rise on Reports of Phillips 66 Refinery Blast -- OPIS
Multiple reports this morning indicate that the Phillips 66 refinery in Bayway, NJ, had an overnight explosion and fire that injured at least three people...
Source: marketwatch.com