Kimco Realty Corp., a real estate investment trust based in New Hyde Park, will have a stake in the $9.4 billion purchase of grocery store chain Safeway, Inc. by private equity firm Cerberus Capital Management LP.
The S&P 500 jumped to a new record high ahead of the February US jobs report, but caution remained amid rising tensions over Ukraine.
Staples has become the second major chain to announce the mass closing of stores this week, providing the latest evidence of how the retail landscape is being remade by shifts in American shopping habits.
NEW YORK (AP) - The departure of Target's chief information officer in the wake of the company's massive pre-Christmas data breach highlights the increased pressure facing executives who are charged with protecting corporate computer systems from ...
The entertainment giant cuts one quarter of its staff after social gaming proves to be a bust. However, Disney is not alone. Dara Kerr.