Business

The president of Uber is quitting after just six months on the job. In a statement, former Target executive Jeff Jones said his approach to leadership was “inconsistent” with what he experienced at Uber. The news is just the latest in a seemingly unending stream of bad publicity for the company. After a viral video […]

Builders are building, but too may owners are staying put.

President Donald Trump reminded Fox News’ Tucker Carlson last night that he aims to bring taxes “way down” on businesses, from 35 percent to 15 percent. But a lot of companies don’t pay 35 percent, because they take deductions and exclusions to shave their tax bill. A drop in the overall tax rate could make […]

President Donald Trump’s proposed budget is known as the skinny budget, the basic outline of what the president’s priorities are. It’s a bit like an expanded version of one of his tweets. It’s a long way from what the actual budget will be, but it is a window into his thinking when it comes to […]

High-end Toronto retailer Canada Goose is looking to raise at least $230 million with its IPO launch. Its product line is tiny, and the coyote fur-lined winter coat price tags are big, with some parkas going as high as $1,300. These are the challenges for luxury brands that go public.  Click the audio player above […]

The private-equity outfit that owns 100-year old luxury retailer Neiman Marcus has hired advisers to shop the company for a sale. Neiman might come with a lot of baggage, including almost $5 billion in debt rated at junk status. In the age of internet retail, is there any appeal in owning a high-end department store […]

Washington lawmakers differ on many issues but agree on the need to improve infrastructure here in the U.S. The American Society of Civil Engineers, in its annual report card today, gave America a D+ in overall infrastructure — roads, bridges, levies and the like. President Donald Trump has promised to improve that infrastructure and says […]