Latest News

Logo Removed From Abercrombie & Fitch Clothing

Abercrombie & Fitch, the apparel retailer said it would stop putting its logo on its clothing as it attempts to regain popularity amongst teens that are turning more and more to fashion brands such as H&M. The struggling brand has stripped it’s A&F from the majority of its clothes attempting to entice the teens and […]

Business Travelers Not Charged Baggage Fees at Ryanair

Ryanair has watered down its approach to traveling by air by ending charges for checked bags for some of its fares as an attempt to attract the business travelers who have shied away from the discount carrier. The largest discount carrier in Europe announced on Wednesday a new Business Plus ticket that would offer fast […]

Burger King Negotiating to Acquire Tim Hortons

Burger King might be home to the Whopper, but Canada could become Burger King’s new home. On Sunday, the restaurant chain said that it was negotiating to acquire the Canadian coffee and donut chain Tim Hortons. If it were to take place, the deal would create one the biggest fast food companies in the world. […]

Market Basket Offered $1.5 Billion by Arthur T. Demoulas

Last Friday, the Market Basket summer saga appeared closer to ending after an offer from Arthur T. Demoulas for over $1.5 billion to take over control of the company. The governors of New Hampshire and Massachusetts both expressed optimism that an agreement was near. The development provided just the first hope the warring Demoulas family […]

Apple Stock Hits New Record

Apple Inc’s stock soared to another new all time high, by surpassing its record of 2012 as investors looked ahead to the tech giant’s new products that include iPhones with bigger screens and a smartwatch device that might help jumpstart growth in revenue. Apple was up 1.4% to end the day on Wednesday at $100.57, […]

Aeropostale Rehires Julian Geiger

Aeropostale Inc the retailer that is currently struggling and has over 1,000 apparel stores for teens and children, announced that Julian Geiger has returned as the CEO. Geiger replaced the outgoing Thomas Johnson. The board of directors and Johnson agreed he would resign as a director as well as the CEO, said the company on […]

Ireland Credit Rating Increased by Fitch

Fitch the rating agency has revised its sovereign credit rating for Ireland by moving it up one notch on Friday to A-. The agency cited a recovery led by employment with a banking system that was much healthier. Fitch became the second of the largest three credit agencies to increase Ireland’s rating from a BBB+ […]

Coca-Cola Takes $2 Billion Stake in Energy Drink Maker Monster Beverage

Coca-Cola has become hungry for more caffeine. Just six months after making the announcement it would take a stake of Green Mountain Coffee, the carbonated beverage giant announced it would spend $2.15 billion to acquire a stake in energy-drink maker Monster Beverage the energy-drink maker, giving the company a bigger slice of the world of […]

Chiquita Stock Soars on Unsolicited Takeover Bid

Chiquita Brands International stock shares surged on Monday after the banana giant received a takeover offer than was unsolicited that could end its plan to pursue corporate inversion by acquiring Fyffes its Irish rival. Cutrale Group an agribusiness and orange juice supplier firm and Safra Group, a group of international companies that invest in banks […]

Imports Tumble, Trade Gap Shrinks

The trade deficit in the U.S. narrowed more than had been expected during June amidst a big decline in total imports. This is a development that will likely boost readings on economic growth but will raise concerns about demand domestically. The trade deficit in the U.S. shrank by 7% to an annualized adjusted $41.53 billion […]