Topshop owner Arcadia could reportedly close 100 locations in its vast stores empire as leases on the shops come to an end by late 2020. That would follow more than 200 closures that have happened since 2016.
Pension Benefit Guaranty Corp is taking steps to assume responsibility for bankrupt retailer Sears Holdings Corp’s two pension plans, covering about 90,000 people, the U.S. government agency said on Friday.
U.S. regulators have met to discuss imposing a fine against Facebook for violating a legally binding agreement with the government to protect the privacy of personal data, the Washington Post reported on Friday.
The United States is pushing for regular reviews of China’s progress on pledged trade reforms as a condition for a trade deal - and could again resort to tariffs if it deems Beijing has violated the agreement.