Hudson's Bay Sells Gilt Groupe, Will Close Lord & Taylor Flagship Store

Hudson's Bay Sells Gilt Groupe, Will Close Lord & Taylor Flagship Store

The owner of Saks Fifth Avenue is selling off Gilt Groupe, a flash sales website it bought two years ago, and will close its flagship Lord & Taylor store as the company struggles with changes in how people shop for clothes. Hudson’s Bay Co., which owns Saks and Lord & Taylor, is selling Gilt Groupe […]

Tesla seeks to dismiss securities fraud lawsuit: US court document

Tesla seeks to dismiss securities fraud lawsuit: US court document

Tesla Inc on Friday asked a court to dismiss a securities fraud lawsuit by shareholders who said the electric vehicle maker gave false public statements about the progress of producing its new Model 3 sedan. In a filing in federal court in San Francisco, Tesla said that its statements about the challenges the company faced […]

Russia, Saudi Arabia Near Deal to Lift Output, Giving Moscow New Sway

Russia, Saudi Arabia Near Deal to Lift Output, Giving Moscow New Sway

Russia and Saudi Arabia are hammering out the terms of a deal to jointly increase oil production—a move that could cool crude markets and extend, at least for now, a crucial role for Moscow in setting global prices. The coordination represents the first time Moscow has moved beyond a temporary deal it struck two years […]

BART rejects Livermore expansion; mayor vows rail connection

BART rejects Livermore expansion; mayor vows rail connection

OAKLAND — There will be no BART station for Livermore residents who have been pining for the long-promised extension. Instead, BART’s board of directors Thursday evening voted to do nothing in a controversial decision pitting the system’s existing needs against the wishes of residents who have been paying into the district for over 40 years. […]

Kroger adds more culinary convenience to its arsenal in food industry battle

Kroger adds more culinary convenience to its arsenal in food industry battle

CLOSE We try out the Kroger Scan, Bag, Go system and compare it traditional shopping. The Enquirer/Phil Didion Cincinnati-based grocery giant Kroger recently announced plans to acquire Home Chef, the largest privately held meal kit delivery service in the U.S.(Photo: Provided) Culinary convenience has taken center stage in the ongoing grocery wars between traditional retailers […]

US takes aim at Russian hackers who infected over 500000 routers

US takes aim at Russian hackers who infected over 500000 routers

The malware, called VPNFilter, has infected more than 500,000 routers in 54 countries, researchers say. Aaron Robinson/CNET More than half a million routers and network devices in 54 countries have been infected with sophisticated malware, researchers from Cisco’s Talos Intelligence Group warn. The malware, which the security researchers are calling VPNFilter, contains a killswitch for […]

Trump Paused His Trade War With China. But Countries Are Still Preparing $3.5 Billion in Tariffs to Hit the US

Trump Paused His Trade War With China. But Countries Are Still Preparing $3.5 Billion in Tariffs to Hit the US

President Donald Trump’s maximalist approach in recasting his nation’s trade relations may soon hit U.S. farmers and manufacturers, as America’s trade partners prepare $3.45 billion of retaliatory tariffs on U.S. goods. In just the past week, the European Union threatened levies on $1.6 billion of U.S. goods in response to U.S. tariffs on metal imports; […]

Coast Guard searches for Carnival Cruise passenger who fell overboard

Coast Guard searches for Carnival Cruise passenger who fell overboard

A 50-year-old Carnival Paradise passenger reportedly went overboard on a Florida cruise.  (Carnival Cruise) The United States Coast Guard is searching for a 50-year-old Carnival Cruise Paradise passenger who reportedly went overboard approximately 85 miles west of Fort Myers, Fla. The man, identified as Brian Lamonds of Greensboro, NC, was reported missing Tuesday morning as […]

US hikes tariffs on Chinese steel exported via Vietnam

US hikes tariffs on Chinese steel exported via Vietnam

Aaron Josefczyk | Reuters A worker cuts a steel coil at the Novolipetsk Steel PAO steel mill in Farrell, Pennsylvania, March 9, 2018. The United States has raised tariffs on steel from Vietnam that Washington says originated in China and evaded anti-dumping duties on Chinese steel. The announcement following this week’s truce in a broader […]

Man dies after falling multiple levels at SFO

Man dies after falling multiple levels at SFO

A man died in multi-level fall in Terminal 3 at San Francisco International Airport on Monday morning, authorities said. The man fell two levels from the mezzanine level to the baggage-claim level of the domestic terminal around 8:45 a.m., airport spokesman Doug Yakel said. The victim, described as being in his late 50s to early […]