Michael Smith
Latest News
Over 100 American Apparel Employees Protest Job Cuts At Company Headquarters
Over 100 American Apparel employees have protested new company plans to cut jobs and shut down stores that are not meeting sales requirements. The workers have assembled outside the retail chain's headquarters in downtown Los Angeles, Biz Journals reports.
BlackBerry Ltd Names Carl Wiese As Head Of Global Sales Amidst Weaker-Than-Expected Sales Growth
BlackBerry Ltd officials have selected Carl Wiese as the company's new head of global sales amidst weaker-than-expected sales growth.
Starbucks Chairman and CEO Howard Schultz And Wife Promise $30 Million For Youth Workforce Initiative
Starbucks Chairman and Chief Executive Officer Howard Schultz and his wife Sheri are promising $30 million for a new youth workforce initiative aimed at hiring over 100,000 young people over the next three years.
Walmart Shares Increase As Online Discount Sale On Over 2,000 Items Begins
Walmart shares have increased following the announcement of an online discount sale taking place this Wednesday.
Albertsons Supermarket Chain Sets $100 Million Nominal Fund Raising Target For IPO
Albertsons, the second-largest supermarket chain in the United States, has set a $100 million nominal fund raising target for its initial public offering.
JPMorgan Chase & Co. To Pay $50 Million In Consumer Refunds After Reforming Credit Card Collection Practices
JPMorgan Chase & Co. is expected to pay a minimum of $50 million in consumer refunds following an investigation of its fraudulent credit card debt collection practices, Reuters reports.
Google's Waze Launches Carpool App In Israel For Work Commuters
Israel-based online mapping company Waze has launched a new carpooling service application, primarily focused on users commuting to and from work.
Dollar Tree Acquires Family Dollar Discount Chain, Forced To Sell 330 Stores
Dollar Tree officials announced on Monday that they have finalized their purchase of Family Dollar, a North Carolina-based variety store chain.
American Apparel Faces Over 20 Lawsuits From Ousted CEO Dov Charney As $30 Million Cost-Cutting Program Begins
American Apparel officials announced on Monday that the company faces nearly two dozen lawsuits from former Chief Executive Officer Dov Charney, who was terminated from his position late last year.
Xiaomi Officials Plan Mobile Phone Market Expansion In Brazil, Mexico And Colombia
One of China's largest smartphone developers has expanded into Brazil and is preparing for new markets in Mexico and Colombia.
Jet Blue Officials Implement 3-Tier Fare System Based On Number Of Baggage Items
Jet Blue is set to implement a new three-tier fare system that is based upon the number of baggage items customers select upon purchasing their tickets, the Associated Press reports. The program was originally announced last November.
GameStop Expected To Reach 2015 Sales Peak
GameStop is expected to reach a sales peak later this year as the market for new video games and consoles remains slow, Seeking Alpha reports.
Pinterest Makes Buyable Pins Available, One Item At A Time
Pinterest developers have officially launched the application's Buyable Pins feature, which allows users to directly purchase items posted on the site.
U.S. Safety Regulators And Honda Officials Confirm 8th Victim Of Exploding Airbag
United States safety regulators and Honda Motor Co. officials confirmed earlier this week that a woman who died in a Los Angeles-area car crash last year was the eighth person killed by faulty airbags produced by Japan-based Takata Corp.
Fiat Chrysler Recalls 164,000 Jeep Cherokee SUVs For Shield Installation
Fiat Chrysler Automobiles officials have announced they are recalling 164,000 Jeep Cherokee S.U.V.s around the world in order to install shields that prevent water from seeping into power rear lift gate controls.