KUALA LUMPUR (Reuters) - Malaysia Airlines (MASM.KL), the country's loss-making flag carrier, will cut 30 percent of its workforce as part of a sweeping restructuring that will cost 6 billion ringgit ($1.90 billion), majority investor Khazanah Nasional [KHAZA.
Shares of Abercrombie & Fitch Co. fell Thursday after the retailer reported weak sales as more teens shop elsewhere. The company is trying to stock trendier clothing - and it turns out that means stripping off the once-prized Abercrombie logo.
The US economy grew faster than first thought last quarter, the Commerce Department said Thursday, the latest in a series of signals that suggest a period of sustainable growth lies ahead.
Everything is available on social media these days, from food, to pets, to electronics, cars, and homes. No matter what your heart desires, you can find it on the Web.
The US economy recovered more stronglyin the second quarter with the country's gross domestic product (GDP) expanding at a 4.2 percent annual rate, rejecting all the previous estimations of slower pace, the Commerce Department said on Thursday.