Bankrupt chain of children’s clothing stores Gymboree closes hundreds of stores

June 14, 2017

Network of children’s clothing Gymboree on Sunday it applied for protection from bankruptcy under article 11 of the bankruptcy Code of the United States. The management of the network still hopes to overcome the crisis by reducing debt and closing hundreds of stores across the country. Total according to statement is scheduled to close 375-450 1 from 281 stores. This means that in the coming year, thousands of employees will…

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Hyundai recalls 600 thousand cars because of problems with the electrics

June 10, 2017

The second time this year the company Hyundai initiated a major recall of its cars. The Korean manufacturer has found electrical problems at 60 thousand cars, which have been implemented in the United States. A large part of the recalled cars is a crossover Santa Fe and Santa Fe Sportreleased in the period from 2013 to 2017. 437 thousand vehicles of these models are repairable due to problematic locks that…

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The Chicago bar with the scandalous dress code may lose liquor license

June 5, 2017

Tuesday, June 6 at Chicago City Hall a hearing will be held on the future of the bar, The Bottled Blonde, a strict dress code which has caused widespread resentment among the public. Some customers even called it “racist.” One of the reasons for consideration by the city authorities began multiple complaints from residents of River North about a strong noise that is constantly coming from the institution, as well…

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Employees of Wal-Mart deliver orders on the way home

June 5, 2017

Wal-Mart Stores Inc. testing a new program for the delivery of goods, which include shipping of online orders by store employees at the end of their work shift on the way home. Thus Wal-Mart is trying to give Amazon.com to take the leadership in the field of e-Commerce in the field of fast delivery. Delivery of goods paid employees more (what a rate is not specified) and is not a…

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On the US stock market decline

June 4, 2017

The stock market in the United States dipped slightly because of reports about the decline of yield JPMorgan and Bank of America. In particular, JPMorgan CFO Marianne lake said that the recession caused by low volatility in comparison with last year, when Britain was preparing to vote on a Brexit. In turn, the Executive Director of Bank of America (BAC.N) Brian Moynihan said that profit for the second quarter will…

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For may in the US there were 138 thousand new jobs

June 4, 2017

The unemployment rate in the U.S. fell in may from 4.4 percent to 4.3. This was announced today at the U.S. Department of labor. In addition, rose by 2.5% and average hourly wages. But the situation with jobs is very different in different sectors of the economy. Just for may appeared 138 thousand new jobs. So, most workers hired medical companies and representatives of the restaurant business. In the healthcare…

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Michael Kors will close 100 stores in the next 2 years

June 1, 2017

Michael Kors, popular chain stores retail sale of designer clothing, announced the closure of 100 stores in the next 2 years, as analysts predict the company’s sales will continue to fall 2018. The company’s shares fell nearly 11% to 32.38 dollar USA, which is the lowest figure for the last five years. Michael Kors Holdings Ltd, once a popular name in the «affordable luxury», fought with the decrease in the…

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China is investing in wineries of southern California

May 31, 2017

Southern California is famous for its sun, beaches and surf. But when it comes to wines, people pay more attention to the North, where is located the world-famous wine location NAPA Valley. But there is another, less well-known wine region outside of Los Angeles, which is increasingly attracting wine lovers and more importantly, investors from China. We are talking about the Temecula valley, which is located 130 kilometers Southeast of…

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