The Latest Breaking News from Wikimedia Commons

Japanese multinational Toshiba Corp (OTC:TOSYY) has received eight proposals for privatization and two to form capital alliances that would make it remain listed. The company’s board of directors and a special committee have previously sought proposals for strategic alternatives after the shareholders voted against a proposed restructuring plan. The proposals received are not legally…

PVH Corp (NYSE:PVH) reported first-quarter FY22 sales growth of 2% to $2.12 billion, beating the consensus of $2.09 billion. Revenue increased 7% on a constant currency basis. Tommy Hilfiger's revenue increased 2% Y/Y, and Calvin Klein registered a 13% growth. Heritage Brands' revenue decreased by 31%. EPS of $1.94 beat the analyst consensus…

If someone had told me a few weeks ago that nearly every major news website and social media account in the English-speaking world would post a video of Margaret Atwood – the 82-year-old matron saint of Canadian letters, the subject of countless doctoral dissertations and at least ten forests worth…

Republicans have thrived since Ronald Reagan granted amnesty to 2.7 million mostly Mexican illegal immigrants in 1986.

Victoria’s Secret & Co (NYSE:VSCO) has agreed to finance an $8.3 million settlement loan to its Thailand-based supplier Brilliant Alliance Thai Global Co Ltd, Reuters reported. About 1,200 workers of the supplier were laid off in 2021 without severance pay and wages owed to them after it went bankrupt. Brilliant Alliance Thai…

Lowe's Companies Inc (NYSE:LOW) board of directors has increased the quarterly cash dividend by 31% to $1.05 from the previous quarterly dividend of $0.80 per share. The dividend is payable on August 3, 2022, to shareholders of record as of July 20, 2022. Lowe's has paid a cash dividend every quarter since going public…

Big Lots Inc (NYSE:BIG) reported a first-quarter FY22 revenue decline of 15.4% year-over-year to $1.37 billion, missing the consensus of $1.46 billion. Comparable sales decreased 17% versus an 11.3% increase last year. Ecommerce accounted for 7% of total sales in the quarter. The gross margin for the quarter decreased 350 basis points Y/Y…

Airbus SE (OTC:EADSY) is establishing a hydrogen-focused facility in the United Kingdom; its latest attempt to boost the design of its next generation of aircraft, reported CNBC. Airbus stated in a statement Wednesday that the Zero Emission Development Centre in Filton, Bristol, has already begun working on the technology's development. One of…

Microsoft Corp (NASDAQ:MSFT) looks to slow hiring in its Windows, Office, and Teams chat and conferencing software groups, Bloomberg reports. Recently, Microsoft disclosed plans to double its budget for salary increases and boosting stock grants to retain key workers. Microsoft's slowdown was not companywide, and overall it will continue to hire with additional focus…