NEWSWORTHY

Editorials Feb 2, 2019

What's missing from the 'boom'

More significant wage hikes to shore up consumer demand are needed, along with accelerated efforts to develop new growth sectors through structural reforms and deregulation.

Voter disillusionment with Trump spreads: poll

World / Politics Jan 29, 2019

Voter disillusionment with Trump spreads: poll

Two years into President Donald Trump's administration, a majority of Americans have lost confidence in the brash real estate magnate's performance on everything from the economy to foreign policy, a poll showed Monday. The ABC News/Washington Post poll was published after Trump suffered a major ...

Tesco, Britain's biggest retailer, set to ax up to 9,000 jobs

Business Jan 29, 2019

Tesco, Britain's biggest retailer, set to ax up to 9,000 jobs

Britain's biggest retailer, supermarket group Tesco, said Monday that it planned to ax up to 9,000 jobs under the next stage of a vast restructuring program, as it continues to come up against increasing competition from German discount retailers Aldi and Lidl. Tesco, which employs ...

Business / Economy Jan 28, 2019

Retail rout deepens as U.K. and Germany lose thousands of jobs

Europe's retail crisis deepened as companies in the U.K. to Germany are set to cut thousands of jobs as online shopping accelerates erosion of sales from traditional bricks-and-mortar stores. Tesco, the biggest U.K. grocer, will eliminate about 15,000 positions and close meat, fish and delicatessen ...