Gap to separate Old Navy, close stores; shares jump
Gap Inc said on Thursday it would separate its Old Navy brand into a publicly traded company, to focus on its struggling namesake apparel business, sending its shares up 18...
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U.S. stocks edge downward as Wall Street takes a pause
Posted by Reuters | Feb 28, 2019 | World News |
Wall Street’s main indexes fell slightly on Thursday as support from better-than-feared U.S. GDP data was countered by concerns about earnings and U.S.-China trade...
Read MoreIn U.S. charm offensive, China’s Huawei launches ad to combat dark image
Posted by Reuters | Feb 28, 2019 | World News |
Huawei Technologies ran a full page ad in major U.S. newspapers on Thursday urging readers not to believe “everything you hear,” about the Chinese tech firm, as it defends itself against government accusations its...
Read MoreGlobal stocks fall on China weakness, tempered trade hopes
Posted by Reuters | Feb 28, 2019 | World News |
Global equities markets fell on Thursday as weak Chinese economic data and mixed messages on the progress of trade talks between China and the United States weighed on investor...
Read MoreGap to spin off Old Navy brand
Posted by Reuters | Feb 28, 2019 | World News |
Gap Inc said on Thursday it plans to spin off its Old Navy apparel business into a publicly traded company.
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