Recent Posts

Retailers cut holiday season hiring as e-commerce takes toll

Bloomberg As brick-and-mortar retailers struggle to remain relevant in the new world of e-commerce, they’re hiring fewer seasonal workers. That’s according to a report by Challenger, Gray & Christmas Inc., which shows October employment gains fell 8 percent from last year—a result of fewer hiring announcements from companies like Wal-Mart Stores Inc. The report shows that seasonal retail hiring has ...

Read More »

Cathay to be dropped from Hang Seng Index

Bloomberg Cathay Pacific Airways is losing its decades-old membership of Hong Kong’s benchmark equity gauge as the city’s flagship carrier struggles to revive earnings. The airline will be dropped along with Kunlun Energy Co. as part of Hang Seng Indexes Co.’s quarterly review. Country Garden Holdings Co., a Chinese property developer, and Sunny Optical Technology Group Co., an Apple Inc. ...

Read More »
Send this to a friend