Thu, Feb 1, 2024 2:44 PM
Positive, prudent, 10/10: Industry experts react to Sitharaman's Budget
A Flip by Avya Verma
Kohl's shares are falling in premarket trading after the department store chain said that CEO Tom Kingsbury is stepping down after less than two years running the struggling retailer. Kingsbury will leave his post on Jan. 15 and be replaced by Ashley Buchanan, CEO of The Michaels Companies. Kohl's has been struggling with falling sales and its shares are down by almost a third this year.
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Hyundai Connected Mobility and Casi have launched the MOCEAN Subscription service in Germany, offering flexible, all-inclusive vehicle subscriptions to private consumers and businesses, particularly corporate fleets. The service, powered by Casi's technology, provides access to over 40 Hyundai models and caters to freelancers and professionals with variable vehicle requirements.
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Treasury Building Stocks climbed while Treasury yields fell Monday as investors cheered Donald Trump’s pick of Scott Bessent for U.S. Treasury Secretary, betting the hedge fund manager will bring a Wall Street perspective to the role. By midday trading, the Dow Jones Industrial Average had notched an all-time high and the iShares 20+ Year Treasury Bond ETF (TLT) was up 2%
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