AT&T to revamp digital arm of CNN

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Source: Dukascopy Bank SA
John Stankey, the AT&T executive, was planning to revamp digital operation of cable news network CNN, believing that it was not reaching the potential and requires more investment, the WSJ reported.
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Mon, 04 Mar 2019 07:15:08 GMT

Gymboree Group sells assets to apparel retailers

According to bankruptcy court documents, The Children's Place is srt to acquire $76M in assets from Gymboree Group, while The Gap will acquire $35M worth assets, including Janie & Jackie chain owned by the struggling children's clothing retailer, which filed for bankruptcy in January.

Mon, 04 Mar 2019 04:18:27 GMT

Australian economy at dry spell

Australia's businesses reported meagre increases in profits and wages for the December quarter of 2019, with incomes hitting a dry spell, which likely saw the whole country's economy struggle to expand.

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