SHANGHAI (Reuters) - China's central bank is injecting a combined 500 billion yuan ($81.35 billion) of liquidity into the country's top banks, according to media reports, a sign that authorities are stepping up efforts to shore up a faltering economy.
Sears Holdings Corp. (SHLD: Quote) announced in a regulatory filing after the close Monday that it borrowed a $400 million secured short-term loan from its Chief Executive Officer and Chairman Edward Lampert's hedge fund ESL Investments Inc.
About the only thing Wall Street didn't hype in the run-up to Alibaba's initial public offering is the Chinese tech giant's remarkable track record for populating its top ranks with women.
In this Tuesday, Sept. 16, 2014 photo provided by Rolls-Royce Motor Cars, Louis XIII Holdings Ltd. Chairman Stephen Hung, left, poses with Rolls-Royce Motor Cars CEO Torsten Mueller-Oetvoes at the Rolls-Royce's headquarters in Goodwood, Britain.
Sony Corp. (6758) Chief Executive Officer Kazuo Hirai is running out of options to turn around Japan's iconic consumer-electronics maker.