Sears aims to close up to 150 stores in bankruptcy

Sears Holdings Corp is planning to close up to 150 of its department and discount stores and keep at least another 300 open as part of a plan to restructure under U.S. bankruptcy protection, people familiar with the matter said Friday. READ MORE

Rockwell Collins finds buyer for flight stabilizer business

A French aerospace company plans to buy one of the businesses Rockwell Collins has been ordered to divest by the U.S. Department of Justice before United Technologies Corporation can close its acquisition. READ MORE

Time may be running out for Sears

The handwriting is on the wall: Sears appears to be nearing bankruptcy.

One of Sears' major shareholders just dumped a chunk of his stock for pennies on his original investment. The company added a new director who is familiar with bankruptcies and restructuring. Reports circulated that the company is talking to advisers and banks in preparation for a bankruptcy filing. READ MORE

Trump to talk ethanol

President Donald Trump is heading to Iowa to boost Republican candidates and roll out new summer fuel standards. READ MORE

Whose side is HR really on?

"HR works for the company, not you."

"I don't even consider HR as an option when subjected to harassment or sexism."

"PSA: HR IS NOT YOUR FRIEND." READ MORE

How to deal with a workaholic boss

The never-ending emails and phone calls. The unrelenting deadlines. The pile-on of projects and deadlines. READ MORE

LinkedIn spent over $400 million on Glint

Microsoft's LinkedIn on Monday announced the acquisition of Glint, snapping up a start-up whose software helps human resources managers understand how workers feel about their employers. READ MORE

New Evidence of Hacked Supermicro Hardware Found in U.S. Telecom

A major U.S. telecommunications company discovered manipulated hardware from Super Micro Computer Inc. in its network and removed it in August, fresh evidence of tampering in China of critical technology components bound for the U.S., according to a security expert working for the telecom company. READ MORE

Snap falls to new low after media analyst says company is 'quickly running out of money'

Snap's list of worries is growing longer: It's strapped for cash and will likely be forced to raise capital as early as mid-2019, according to one Wall Street research firm. READ MORE

The 8 best cities for tech jobs

People want to work in tech, and it’s clear why. Tech salaries tend to be about $60,000 more per year than the national average wage, according to a 2018 report from CompTIA, a leading tech trade organization. Tech companies have also built a reputation for offering Cadillac-level benefits, outrageous perks, work-from-home flexibility and the promise of stock options with 10x returns. READ MORE

Jeff Bezos' 5 tips for running a successful business

As the founder and longtime leader of the first publicly traded company to be worth $1 trillion, Amazon CEO Jeff Bezos has amassed quite a bit of knowledge about how to run a business. READ MORE

Aegon on how workplace pensions must change

The workplace pensions market has seen huge change "but where we would like to see the market focus is fundamentally on good member outcomes" READ MORE

As aid checks go out, farmers worry bailout won’t be enough

Farmers across the United States will soon begin receiving government checks as part of a billion-dollar bailout to buoy growers experiencing financial strain from President Donald Trump’s trade disputes with China. READ MORE

Tesla's problems are growing

Tesla has a history of beating the odds. 

CEO Elon Musk has said he believed the company had around a 10% chance of success when it was founded in 2003. Since then, the company has won awards for its vehicles, built an enthusiastic fanbase, and watched its market capitalization approach and at times top those of General Motors, Ford, and Fiat-Chrysler. READ MORE

Wells Fargo is going backward with thousands of job cuts

Wells Fargo Chief Executive Officer Tim Sloan is cutting jobs with the hope that he can save his own.

Ever since taking over as CEO almost two years ago, Sloan has given top priority to move the bank past the fake-accounts scandal that garnered national headlines in 2016. READ MORE

Meredith Corp. Sells TIME to Marc And Lynne Benioff for $190M

Meredith Corporation (NYSE: MDP) has entered into a definitive agreement to sell the TIME media brand to Marc and Lynne Benioff for $190 million in cash. The transaction is subject to customary closing conditions and regulatory approval and is expected to close within 30 days. READ MORE

Corporate America, not banks, could cause the next recession

The last downturn was triggered by Wall Street and Americans accumulating too much debt — particularly in the sizzling housing market. READ MORE

U.S. job openings climb to record 6.9 million

The numbers: The number of job openings in the U.S. climbed to a record 6.94 million in July in a clear sign that a booming economy is entering the second half of the year with a big dollop of momentum.

Job openings rose from 6.82 million in June, the government said Tuesday. READ MORE

Small business optimism surges to highest level ever

U.S. small business optimism surged to a record in August as the tax cuts and deregulation efforts of President Donald Trump and the Republican-led Congress led to more sales, hiring and investment, according to a survey by the National Federation of Independent Business. READ MORE

Greg Abel: Holding a key to Buffett’s Kingdom

There’s a good bet he’ll never ride a steer down the streets of Omaha, dance with the University of Nebraska cheerleaders or play the ukulele in front of a crowd of 35,000-plus like his boss, but Greg Abel will most likely do his damnedest to follow exactly what Warren Buffett has done for 53 years: acquire, run and grow businesses that fit right into Berkshire Hathaway’s DNA. READ MORE