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Sunday, April 7, 2019

Sports Direct offers to fund Debenhams' rescue in return for CEO job

Sports Direct said on Monday it had offered to underwrite a 150 million pound ($196 million) rights issue at Debenhams in exchange for its boss Mike Ashley taking the top job at the ailing retailer.


from Reuters: Business News https://reut.rs/2I5CfFq

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US economy grows at fastest pace in two years

Strong consumer spending helps the US economy grow at a faster rate than expected. from BBC News https://ift.tt/TLzpvM6