Macy’s shocked markets Monday when it discovered a single worker hid up to $154 million in delivery expenses over the last three years.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
The board of directors for Macy’s unanimously voted to end negotiations with Arkhouse and Brigade to take the company private.
The asset manager announced annual revenues rose 14%, topping $20 billion for the first time, with record net inflows of $641 billion.
It’s basic Newtonian physics, as Boeing just learned: When the sky falls for a company, so, too, will the bottom line.
The company’s struggle gives us a glimpse into how the wider world of voice assistants is trying to keep up with the technology zeitgest.