Geopolitics, Regulations Causing Wave of Divestments
Eighty-two percent of companies surveyed say “macroeconomic volatility” will increase their chances of divesting a business in the next year.
PC Shipments Expected to Decline
Annual shipments of desktop computers, notebooks, and tablets are expected to fall to 418 million units in 2021, a 0.8% drop from 2016.
JC Penney Closing 140 Stores in Early 2017
The U.S. retail chain plans to close as many as 140 brick-and-mortar locations after announcing disappointing results over the holiday season.
U.S. Data Breaches Hit All-Time High
Companies sustained more than 1,000 data breaches in 2016, an increase of 40% over 2015 data.
Toys “R” Us Lays Off 250 Corporate Employees
The iconic toy store eliminated close to 15% of corporate employee positions, or an estimated 250 jobs.
Square-Off: Is Raising the Minimum Wage a Good Idea?
It may be a good idea, but for whom? Experts weigh in on the impacts a minimum wage increase could have on employment and the economy.
NYSE to Hold Test Run for Snap IPO
The exchange is hoping to avoid technical glitches ahead of the long-awaited unicorn offering.
More Companies Met Project Objectives in 2016
Seventy percent of all projects met strategic business goals in 2016, up from just over 60% the previous year, says the Project Management Institute.
ComScore Gets Booted Over Delinquent Filings
The analytics company was delisted from the Nasdaq exchange after failing to submit SEC filings for almost a year.
Cost-of-Employment Increases Wane
Employment costs rose 0.5% in the fourth quarter of 2016, below the level of increases in the prior three quarters.
Starbucks to Hire 10,000 Refugees After Immigration Ban
CEO Howard Schultz said the company will be “doubling down” on efforts to support refugees over the next five years.