Hot Business Topics
Wal-Mart Stores Inc. said Monday the president of Walmart China is stepping down. A company spokesman said the move was unrelated to a Chinese government food safety case against several Wal-Mart stores.
Ed Chan, president of Walmart China since 2007 and also the unit’s chief executive, left for personal reasons, the company said.
The departure comes after […]
Asian stocks rose Wednesday as investors hoped for good news from corporate earnings reports due soon in the U.S, while European shares fell after Slovakia’s rejection of more financial firepower for the region’s bailout fund.
Oil prices fell to near $85 a barrel while the dollar was weaker against the euro and the yen.
European stocks slipped […]
President Barack Obama is turning to Republican rival Rick Perry’s home state to rally support for his $447 billion jobs bill and to raise money for his re-election.
Obama will appear Tuesday at a community college in Mesquite, Texas, to tout aspects of the jobs bill that he says will help keep teachers in classrooms and […]
Would you trust UBS with your money now?
As regulators join the Swiss bank in scrambling to figure out how a single suspect could have racked up as much as $2 billion worth of rotten bets over three years, analysts and politicians say the catastrophic losses reinforce the case for divorcing retail banks from their investment […]
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After a search that went on for months, the Art Gallery of Ontario has filled the crucial and newly created position of CBO, chief business officer.
Heather Conway, a veteran of the corporate trenches, is the new key player. Next week she moves in fulltime at the quirky and mercurial museum on the Grange.
There has been […]
Tiffany & Co.’s net income jumped 30 percent in the second quarter, led by strong growth overseas as high-income shoppers continued to be drawn to its jewelry and other goods.
The New York company’s results handily beat Wall Street’s expectations, and it raised its full-year profit forecast on the better-than-expected performance. Tiffany’s stock surged $3.88, or […]
Asian stock markets sank Friday as investors waited to see if Federal Reserve Chairman Ben Bernanke unveils new steps to help the U.S. economy ward off another recession.
Japan’s Nikkei 225 slipped 0.1 percent to 8,766.54. Hong Kong’s Hang Seng gave up early gains and dipped 0.1 percent to 19,735.33 while Australia’s S&P/ASX 200 was 0.3 […]
Gross domestic product, the labour market, industrial production, housing starts
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Jeffrey A. Johnston, a Sisters of Mercy Health System Inc. executive, has been named president of St. John’s Mercy Medical Center in Creve Coeur.
Johnston joined the non-profit Mercy health system in 2001. Since December 2008, he has served as president of St. Edward Mercy Medical Center in Fort Smith, Ark., where he expanded Mercy’s physician group. […]