News
- J.C. Penney posts smaller loss under CEO Soltau, shares rise J.C. Penney posts smaller loss under CEO Soltau, shares rise J.C. Penney Co Incon Friday reported a smaller-than-expected quarterly loss as it sold more diamond jewelry and denim clothing, results Chief Executive Jill Soltau said showed efforts to revive sales and profits at the department store are taking hold.
Source: Reuters: Business News
- Amid protests, Chile moves towards dumping Pinochet-era constitution Amid protests, Chile moves towards dumping Pinochet-era constitution Chilean lawmakers agreed on Friday to hold a referendum next April on replacing the country's unpopular Pinochet-era constitution, bowing to demands of protesters who say the country's decades-old social model has created deep inequality.
Source: Reuters: Top News
- South Africa's SAA workers start strike that could cripple airline South Africa's SAA workers start strike that could cripple airline South African Airways' future is hanging in the balance after its workers went on strike on Friday to demand higher wages and protest planned job cuts, forcing the struggling state-owned carrier to cancel all flights.
Source: Reuters: Business News
- Alibaba gets strong demand for $13.4 billion Hong Kong listing: sources Alibaba gets strong demand for $13.4 billion Hong Kong listing: sources Alibaba'sorder books for its $13.4 billion Hong Kong share sale have already been covered "multiple times," sources with direct knowledge of the matter said on Friday, as the ecommerce group kicked off its campaign for the secondary listing in the[…]
Source: Reuters: Technology News
- Telecom Italia to include own fiber assets in broadband network bid Telecom Italia to include own fiber assets in broadband network bid Italy's biggest phone group Telecom Italia (TIM) is asking infrastructure funds to come up with bids next week for the assets of smaller broadband rival Open Fiber that will include its own last-mile network, sources said.
Source: Reuters: Technology News
- Boeing received 'unnecessary' contract boost for astronaut capsule, watchdog says Boeing received 'unnecessary' contract boost for astronaut capsule, watchdog says Boeing's multibillion dollar contract to build U.S. astronaut capsules received an "unnecessary" extension from NASA, a watchdog report said on Thursday, the latest management blunders in the agency's program to restart domestic human spaceflight.
Source: Reuters: Science News
- China completes crucial landing test for first Mars mission in 2020 China completes crucial landing test for first Mars mission in 2020 China on Thursday successfully completed a crucial landing test in northern Hebei province ahead of a historic unmanned exploration mission to Mars next year.
Source: Reuters: Science News
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