Category Archives: Business

Toys ‘R’ Us Plans to Make a Christmas Comeback

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Maybe American kids will only have to live through one Christmas without Toys “R” Us. About a year after shuttering U.S. operations, the remnant of the defunct toy chain is set to return this holiday season by opening about a half dozen U.S. stores and an e-commerce site, according to people familiar with the matter. Bloomberg’s Matt Townsend reports on “Bloomberg Markets: What’d You Miss?” Bloomberg Markets and Finance video


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What the Federal Reserve’s rate cut decision means

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The Federal Reserve held rates steady but raised the prospect for two potential rates cuts this year, as policy makers continue to weigh the right time to act amid concerns over President Donald Trump’s trade policies. Jerome Powell, the president’s choice to run the world’s most influential central bank, is facing considerable pressure to keep the US economy steady.
Concerns are intensifying that Trump’s tariff strategy may end up hurting global growth… CNN Business video


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Slack CFO Says Aim Is to Drive Toward Cashflow Break Even

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Slack Technologies Inc. Chief Executive Officer Stewart Butterfield and Chief Financial Officer Allen Shim discuss the company’s trading debut on the NYSE, growth strategy, and profitability forecast. They speak with Bloomberg’s Emily Chang on “Bloomberg Markets.” Bloomberg Beta, the venture capital arm of Bloomberg LP, is an investor in Slack.
Bloomberg video


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