Bloomberg Tiffany & Co is poised to close in the red for the sixth consecutive session, the longest losing streak sense December 2016. Shares are down 10 percent in the six-day period, trailing the S&P 500’s decline of 3.5 percent for the same period. Tiffany is due to report quarterly results June 4, and analysts are projecting revenue to fall ...

Bloomberg Back when Eddie Lampert was campaigning for approval of his plan to rescue Sears, he emphasized his promise to give severance to employees who lost their jobs after the retailer went bankrupt. If liquidators wound up with the chain, he told Sen. Elizabeth Warren in February, “these employees would be getting nothing.’’ Warren and Representative Alexandria Ocasio-Cortez (AOC) criticised ...

ABU DHABI / WAM The United Arab Emirates has maintained its regional lead and ranked fifth globally in global competitiveness, according to the World Competitiveness Yearbook 2019, published by the Swiss-based International Institute for Management Development (IMD) on Wednesday. ‘‘UAE enters top five for the first time,’’ said the IMD World Competitiveness Rankings. ‘‘The United Arab Emirates — ranked 15th ...