Author: Reuters

Sears Holdings Corp is nearing a deal with new lenders to increase a bankruptcy financing package to as much as $600 million from $300 million without Chairman Eddie Lampert’s hedge fund contributing, people familiar with...

Home improvement chain Lowe’s Companies Inc announced the closure of another 51 underperforming stores in the United States and Canada on Monday as it strives to compete with rival Home Depot Inc in a slowing housing...

Home improvement chain Lowe’s Companies Inc announced the closure of another 51 underperforming stores in the United States and Canada on Monday as it strives to compete with rival Home Depot Inc in a slowing housing...

The S&P 500 and the Dow Jones Industrial Average rose on Monday, supported by energy stocks and strong results from Berkshire Hathaway Inc, while a 3 percent drop in Apple Inc shares dragged down the...

The United States imposed strict sanctions on Iran on Monday and threatened more action to stop Tehran pursuing “outlaw” policies, steps the Islamic Republic condemned as economic warfare and vowed to...