Bloomberg Bed Bath & Beyond will eliminate 2,800 jobs under a plan to cut costs and streamline operations amid deepening challenges for brick-and-mortar retailers. The “significant workforce reduction” will begin immediately, affecting both corporate headquarters and retail stores, the home-goods retailer said in a statement. Along with previously announced restructuring actions, the latest effort will result in as much as ...

Bloomberg What’s going on with Kim Jong-un? Is he sick? Worried about Covid-19? Consumed by an economic crisis? Battling internal threats? Perhaps the North Korean leader is biding his time until the US presidential election? Or maybe he’s playing the same game of threats, reconciliation and retreat that has kept his family in charge of the secretive state since the ...

Bloomberg Two Hong Kong opposition politicians known for protesting against the city’s China-backed administration were among 16 people arrested on Wednesday, according to police, in the latest blow to the pro-democracy movement. Democratic Party lawmakers Ted Hui and Lam Cheuk-ting were arrested at their homes, their party said in a statement. The developments come in the wake of a sweeping ...