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Bed Bath & Beyond Ends Hudson Bay Deal, Turns to Market for $300 Million to Avoid Bankruptcy
Business

Bed Bath & Beyond Ends Hudson Bay Deal, Turns to Market for $300 Million to Avoid Bankruptcy

Bed Bath & Beyond Inc. said it will try to sell up to $300 million of common stock in the open market while terminating a

JD.com's Property and Industrial Units Seek About $1 Billion Each in Hong Kong IPOs
Finances

JD.com's Property and Industrial Units Seek About $1 Billion Each in Hong Kong IPOs

The Chinese e-commerce giant said it plans to spin off the two businesses through separate listings. Source link

Jack Ma Engineered Alibaba's Breakup From Overseas
Business

Jack Ma Engineered Alibaba's Breakup From Overseas

The Chinese billionaire used his influence within Alibaba Group, the e-commerce empire he built, to orchestrate its breakup plans, people familiar with the matter said.

The Class of 2023 Faces a Jittery Job Market: ‘The World Seems to Have Flipped on Its Head.’
Business

The Class of 2023 Faces a Jittery Job Market: ‘The World Seems to Have Flipped on Its Head.’

The Class of 2023 is getting ready to enter a job market that is suddenly less eager to hire new grads. Many employers are taking

Generative AI Is Already Changing White-Collar Work as We Know It
Business

Generative AI Is Already Changing White-Collar Work as We Know It

Executives from Walmart, ZipRecruiter, Yelp and other companies detail how they are thinking about and experimenting with ChatGPT. Source link

Macy's CEO to Retire, Give Reins to Bloomingdale's Boss
Business

Macy's CEO to Retire, Give Reins to Bloomingdale's Boss

The transition comes at a time of upheaval for retailers as high inflation pinches consumers and pushes up manufacturing costs. Source link

Jack Ma’s Life After Alibaba Takes Him to a Fish Farm, Fiji and Beyond
Business

Jack Ma’s Life After Alibaba Takes Him to a Fish Farm, Fiji and Beyond

World Asia China Outside the public eye, Chinese tech mogul studies tuna and ponders the Gobi Desert Source link

GameStop Decides It Likes Stores After All
Business

GameStop Decides It Likes Stores After All

Ryan Cohen  took control of GameStop Corp. in 2021 vowing to transform the faltering videogame retailer into an e-commerce juggernaut. Meme-stock investors loved the idea.

For Alibaba, Six Is Bigger Than One---And a Smaller Target
Finances

For Alibaba, Six Is Bigger Than One—And a Smaller Target

There are good reasons to think that a split-up Alibaba would be more valuable. In this case, politics and profits are pointing in the same

Americans to Be Barred From Buying Ozempic in British Columbia
Business

Americans to Be Barred From Buying Ozempic in British Columbia

Provincial health officials urged doctors and pharmacists to make sure people are taking the drug to treat diabetes, not lose weight. Source link