Traders work on the floor of the New York Stock Exchange on March 6, 2025. NYSE Stocks resumed their steep pullback on Thursday as the latest concessions from the White House on President Donald Trump’s controversial tariff policies failed to calm rattled investors. The Dow Jones Industrial Average traded 515 points lower, or 1.2%. The…
Voters in Switzerland have shocked the political establishment by rejecting a reform plan that would have brought the country’s corporate tax system in line with international norms. The tax reforms, which were widely supported by the business community, would have removed a set of special low-tax privileges that had encouraged many multinational companies to set…
When workers feel like they’re getting the short end of the stick, they’re more likely to report misconduct to external authorities.
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Fighting off a takeover by a Canadian rival, the Japanese parent company of 7-Eleven announced a major business shake-up that included the appointment of its first foreign-born chief executive. Seven & i Holdings said on Thursday that Stephen Dacus, 64, a member of the company’s board of directors and longtime retail executive from the United…
As the United States grapples with the upheaval unleashed by the Trump administration, many Chinese people are finding they can relate to what many Americans are going through. They are saying it feels something like the Cultural Revolution, the period known as “the decade of turmoil.” The young aides Elon Musk has sent to dismantle…
“Looking back to the 1990s and early 2000s, you needed to have a reasonable level of technical competence to pull off these types of crimes,” Nicholas Court, assistant director of Interpol’s Financial Crime and Anti-Corruption Centre, told CNBC. Imaginima | E+ | Getty Images An expanding network of cybercrime marketplaces is making it easier than…
Nordstrom. Neiman Marcus. TJ Maxx. And now, Sears and Kmart. Sears Holdings, the company that owns retail stores Sears and Kmart, reportedly said this weekend that it would remove 31 Trump-branded items from its website. The company pulled the products as part of a plan to focus on its “most profitable items,” Sears spokesman Brian…
