At the same time, the New York company said it was going to separate the profitable 714-unit college bookstore business into a separate publicly traded company.
For years, China has kept its currency from strengthening too much against the dollar. Now, it might need to arrest a slide in the value of the yuan to prevent strain in the country's financial system.
Prime Minister Shinzo Abe 's latest plan to shake up Japan is an ambitious goal to increase the number of women in the workforce and rectify the labor market's long-standing gender imbalance.
(Bloomberg) -- The oil market will rebalance in the next several months as a price collapse boosts consumption and curbs supplies, the International Energy Agency said, a day after Saudi Arabia's oil minister told reporters demand is rising.
(Bloomberg) -- The New York Daily News may be sold, its publisher and billionaire owner, Mort Zuckerman, said in a memo. Potential buyers contacted him a few weeks ago to gauge his interest in selling the tabloid newspaper, he said in a memo to News ...