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Sears Holdings to close 20 more stores as retail crisis continues

CLOSE More hard times for shopping mall stalwart Sears. Nathan Rousseau Smith (@fantasticmrnate) has the story. Buzz60 (Photo: Sears Holdings) Sears Holdings is closing another 20 stores as the distressed department-store chain seeks to stanch the bleeding amid swirling challenges for the retail sector. The company will shutter 18 Sears …

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HomeServe USA Wins 4 American Business Awards

NORWALK, Conn.–(BUSINESS WIRE)–HomeServe USA (HomeServe), a leading provider of home emergency repair solutions, was presented with 2 Gold and 2 Silver Stevie® Awards at the 15th annual American Business Awards (ABA) held in New York City for the Company’s achievements in Customer Service, Management and Marketing. The ABAs are the …

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Altice USA IPO price – Business Insider

Altice founder Patrick Drahi Thomson Reuters (Reuters) – Altice USA Inc, the cable operator that Netherlands-based Altice NV formed by acquiring Cablevision and Suddenlink Communications, said on Wednesday it had raised $1.9 billion in an initial public offering. Taking Altice USA public will give Altice‘s founder, French billionaire Patrick Drahi, …

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Ukraine’s Poroshenko says will sign defense deals with USA soon

U.S. Defense Secretary James Mattis shakes hands with Ukrainian President Petro Poroshenko during a meeting at the Pentagon in Washington Thomson Reuters KIEV (Reuters) – Ukrainian President Petro Poroshenko said after meetings in Washington that Kiev and the United States would soon sign a number of agreements boosting defense cooperation, …

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CG Power sells US business to Brazil firm for $37 million

Move aimed at paring debt; company to focus on core operations, market Mumbai, June 21:   Mumbai-headquartered CG Power and Industrial Solutions, manufacturer of power and distribution transformers and a part of Avantha Group, is selling its US business to Brazilian firm WEG at an enterprise value of $37 million. CG, …

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