Wednesday , 17 December 2025

Recent Posts

Sears aims liquidation as its bid fizzles out

Bloomberg Sears Holdings Corp is preparing for the potential that this year will be its last. The storied retailer started laying the groundwork for a liquidation after Chairman Eddie Lampert’s bid to buy several hundred stores out of bankruptcy fell short of bankers’ qualifications, people with knowledge of the matter said. Sears representatives summoned liquidation firms and other advisers to …

Read More »

Amazon becomes most valuable firm

Bloomberg Amazon.com Inc surpassed Microsoft Corp to become the world’s largest public company on Monday, in the latest example of the list of Wall Street’s biggest names being reordered. Shares of the e-commerce company rose 3.4 percent, a rally that gave it a market capitalisation of $797 billion, according to Bloomberg data. While this is down from Amazon’s record market …

Read More »

Airports fretting over screener absences over ‘shutdown’

Bloomberg With screeners already calling in sick in larger-than-normal numbers, US airports are girding for disruptions next week if the partial government shutdown continues and Transportation Security Administration (TSA) officers miss their first paycheck. The airport security officers are caught in the political fight in Washington between President Donald Trump and congressional Democrats over money for a wall along the …

Read More »