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Kohl’s cuts its corporate staff by 15%

Bloomberg Kohl’s Corp is slashing its corporate workforce by about 15% in a bid to rein in expenses as retail sales fail to recover to pre-pandemic levels. The chain said the cuts will save it about $65 million a year. It will record a pretax charge of about $23 million, mostly in the third quarter, related to the layoffs and ...

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Secret Tibetan military force ups stakes in India-China row

Bloomberg At a funeral last week in the mountains of northern India, one of Prime Minister Narendra Modi’s top aides paid respect to a Tibetan soldier killed on the front lines of deadly clashes with China. Surrounded by troops waving the flags of both India and Tibet, Ram Madhav laid a wreath before the coffin during a ceremony that gave ...

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Vietnam may evacuate 500,000 over Storm Noul

Bloomberg Vietnam is planning for the possible evacuation of as many as 500,000 residents in the country’s central coast region ahead of the expected on Thursday landfall of Storm Noul, the government said in a post on its Facebook page, citing an order from Deputy Premier Trinh Dinh Dung. The storm is forecast to hit a large area, from Quang ...

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