Business

Sears cuts of jobs means it doesn't qualify for tax breaks

Sears cuts of jobs means it doesn't qualify for tax breaks

Company officials said Sears has made "significant progress" in its restructuring program, with almost $1 billion in annualized cost savings already actioned to date. As part of the retailer's ongoing...

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New 296bhp petrol engine for Jaguar XE, XF and F-PACE

New 296bhp petrol engine for Jaguar XE, XF and F-PACE

The 2.0-litre four-cylinder Ingenium petrol engine produces 400Nm of torque for exceptional acceleration. This higher output 2.0-liter is similar to the one offered in the F-Type , and is a part of...

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Air bag recalls, lawsuits lead Takata to file for bankruptcy

Air bag recalls, lawsuits lead Takata to file for bankruptcy

Japan's crisis-hit vehicle parts maker Takata filed for bankruptcy protection Monday and said its chief executive would quit after a deadly airbag crisis that triggered the auto industry's bigge...

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Judge considering national freeze on Iraqi deportations

Judge considering national freeze on Iraqi deportations

But now the ACLU wants that expanded nationwide, where some 1,400 Iraqis have final orders of removal. Following the June 11 arrests in MI, a lawsuit was filed against ICE by immigration and civ...

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Fed's Bullard says time for Fed to pause on interest-rate hikes

Fed's Bullard says time for Fed to pause on interest-rate hikes

The dollar dipped to a four-day low against a basket of major currencies on Friday, as traders looked to U.S. inflation data due next week to provide more clues on the Federal Reserve's policy outlook...

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Diageo to buy Clooney's tequila brand in $1 billion deal

You probably do know, after the actor/filmmaker sold his tequila company Casamigos (of course that's the name) for a reported $1 billion to Diageo , a spirits maker. "We are delighted that the ...

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