Like many Washington lobby groups, the U.S. Travel Association was quick to congratulate the new president on his victory last November.
“We are encouraged that Mr. Trump’s extensive business and hospitality background … will make him a ready and receptive ear,” the trade organization said. On the Republican’s inauguration, the USTA’s... Read more
Sears Holdings (SHLD), the holding company for the two iconic retail brands, warned investors late Tuesday that it can't promise it will stay in business.
It included the language in its annual report while insisting it might still turn things around.
"Our historical operating results indicate substantial doubt exists related to the... Read more
The Federal Reserve is on track to raise interest rates twice more this year after a policy tightening last week, and it could be more or less aggressive depending on inflation and fiscal policies from the Trump administration, a Fed rate-setter said on Monday.
The public comments from Chicago Fed President... Read more
General Motors is slated to layoff 1,100 workers in May, but plans to rehire 500 of them next year. The auto giant said it is moving the production of the GMC Acadia mid-size SUV to Tennessee, which prompted the layoffs at the Lansing Delta Township plant in Michigan. The assembly... Read more