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Canadian department store operator Hudson's Bay Co , which bought U.S. luxury chain Saks Inc last year, forecast weaker-than-expected 2014 earnings as it spends more to build up its online shopping sites. Hudson's Bay shares fell as much as 9 percent, making the stock one of the biggest losers on the Toronto Stock Exchange as the company also reported a steep fall in fourth-quarter profit. The company said it expects adjusted earnings... Read more... Read more... Read more...
By Valerie Volcovici WASHINGTON (Reuters) - The United States should strengthen a century-old law designed to protect the domestic shipping industry, rather than relax it under pressure from the energy industry, the chair of the Senate Energy Committee said on Tuesday. Mary Landrieu, a Louisiana Democrat, said defending the law is one of her top... Read more...
Is that a bird? A plane? Oh wait, yeah, that’s just a bird. I thought it might be Sad-Man, but he still hasn’t gotten out of bed. Perhaps today he’ll finally fight some crime! Oh, it appears he’s now putting on an Elliot Smith song and also watching 'Requiem for a Dream' at the same time. Perhaps when it’s over he’ll get to work saving humanity. Nope, he just starting crying again and while shouting expletives about some girl named Jess... Read more... Read more...