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Nordstrom’s big, beautiful stores are losing ground
Business
Published in 21-2-2017
    612 Visits

While Nordstrom's total sales have risen over the past year, its profits have not.

And perhaps most worryingly, sales at the company's full-line stores the big downtown or mall anchor operations that bring the bulk of Nordstrom's business and have shaped its reputation for stellar customer service have logged five straight quarters of year-over-year declines.

Reference: www.chron.com
WhatsApp adds 'status' feature in nod to past, future
Business
Published in 21-2-2017
    548 Visits

NEW YORK (AP) In a nod to its past as well as its future, WhatsApp is adding a "status" feature that lets users tell their contacts what they are up to. The company says its users spend more than 50 billion messages each day, including 3.3 billion photos, 760 million videos and 80 million GIFs the animated images that make many popular internet memes.

Reference: www.chron.com
Burger King may have its eye on Popeyes
Business
Published in 21-2-2017
    218 Visits

Restaurant Brands International Inc., the owner of Burger King, is in advanced talks with Popeyes Louisiana Kitchen Inc. about a takeover of the fried-chicken chain, according to people familiar with the matter.

Reference: www.chron.com
Wal-Mart tests convenience store in small Texas town
Business
Published in 21-2-2017
    454 Visits

In a parking lot on Main Street in this nondescript town of 14,000, Wal-Mart is testing out what it hopes could be its next small thing a genuine convenience store.

Reference: www.chron.com
SEC sues three local men claiming securities fraud
Business
Published in 21-2-2017
    501 Visits

Three local businessmen are sued by the Securities and Exchange Commission for trying to inflate the size and importance of a small energy company.

Reference: www.chron.com
Nordstrom’s big, beautiful stores are losing ground
Business
Published in 21-2-2017
    905 Visits

While Nordstrom's total sales have risen over the past year, its profits have not.

And perhaps most worryingly, sales at the company's full-line stores the big downtown or mall anchor operations that bring the bulk of Nordstrom's business and have shaped its reputation for stellar customer service have logged five straight quarters of year-over-year declines.

Reference: www.chron.com
WhatsApp adds 'status' feature in nod to past, future
Business
Published in 21-2-2017
    989 Visits

NEW YORK (AP) In a nod to its past as well as its future, WhatsApp is adding a "status" feature that lets users tell their contacts what they are up to. The company says its users spend more than 50 billion messages each day, including 3.3 billion photos, 760 million videos and 80 million GIFs the animated images that make many popular internet memes.

Reference: www.chron.com
Burger King may have its eye on Popeyes
Business
Published in 21-2-2017
    925 Visits

Restaurant Brands International Inc., the owner of Burger King, is in advanced talks with Popeyes Louisiana Kitchen Inc. about a takeover of the fried-chicken chain, according to people familiar with the matter.

Reference: www.chron.com
Wal-Mart tests convenience store in small Texas town
Business
Published in 21-2-2017
    224 Visits

In a parking lot on Main Street in this nondescript town of 14,000, Wal-Mart is testing out what it hopes could be its next small thing a genuine convenience store.

Reference: www.chron.com
SEC sues three local men claiming securities fraud
Business
Published in 21-2-2017
    956 Visits

Three local businessmen are sued by the Securities and Exchange Commission for trying to inflate the size and importance of a small energy company.

Reference: www.chron.com
Drivers see higher premiums after not-at-fault crashes
Business
Published in 14-2-2017
    95 Visits

"Most people know that if they cause an accident or get a ticket they could face a premium increase, but they don't expect to be punished if a reckless driver careens into them," said Bob Hunter, CFA's director of insurance and the former insurance commissioner of Texas. The industry countered that setting auto insurance rates is complicated and insurers look at many factors, such as ...>>

Reference: www.chron.com
Apple shares hit record on optimism for next iPhone
Business
Published in 14-2-2017
    60 Visits

Apple Inc. shares hit a record on optimism the next iPhone will drive a resurgence in sales and help the company's services businesses grow.

Reference: www.chron.com
TEA releases list of buildings that could be 'detached' from HISD
Business
Published in 14-2-2017
    228 Visits

The Texas Education Agency has identified a list of properties within the Houston Independent School District boundaries whose taxes could be sent to a poorer district, namely Aldine ISD, as part of the state's so-called Robin Hood system of school finance.

Reference: www.chron.com
CSM Bakery Solutions to close Sugar Land facility in late March
Business
Published in 7-2-2017
    292 Visits

CSM Bakery Solutions will close its Sugar Land food manufacturing facility closer to March 31 than the originally announced October 2016 date.

Reference: www.chron.com
Aetna awarded $51.4 million in out-of-network dispute
Business
Published in 7-2-2017
    237 Visits

Aetna recovers $51.4 million in excessive fee dispute against Humble Surgical Hospital 

Reference: www.chron.com


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