JCPenney Store Closings


The ultimate motive behind anything is profit (of any kind). And J.C. Penney is no exception to the rule. Like many other retailers and business enterprises that have chosen lean thinking, the...
    






Macy’s Job Cuts Affect 2500 Workers


Macy’s is ready to let go of some of its baggage. The extra ballast in the form of 2,500 jobs that are to be vacated is a key component of a well-thought-out scheme. Already, after the decision was...
    






Should Social Security Benefits Be More Generous?


Senators Sherrod Brown (D.-Ohio) and Patrick J. Toomey (R.-Pa.) just held the first of a series of hearings asking experts how to improve retirement security, and their prescriptions are to expand...
    






BlackBerry Loses Two More Executives


Two of the top staff members of BlackBerry are leaving. And so the smartphone maker, which has Canada as its provenance, is left bereft of some serious talent. Chris Wormald, who handled the...
    






Blackberry refuses to be sold in pieces


According to sources of Reuters, the reason of the buy-off rejection came as the companies were mainly interested to bid for the various assets of BlackBerry separately though the specifics of the...

Pixar Layoffs Occur Due to “The Good Dinosaur” Delay


An undisclosed number of staff members have been laid off in an unprecedented move at Pixar Studios. The alibi is the procrastination of its upcoming movie titled “The Good Dinosaur”. The only...

Acer Founder Back to Lead the Company After New President and CEO Resign


The conglomerate had been facing tough times. The computer manufacturer, Acer chose its founder, Stan Shih to lead the company after the president Jim Wong and the CEO J.T. Wang gave up their...

Everpix is Shutting Down on December 15


Everpix is calling it quits. The site that was the Global Village’s favorite photo silo has decided to end its business. The company execs met each other last month and finally decided to shut down...