Mall owners are increasingly building out food halls with local chef-driven eateries, sushi bars and premium coffee shops.Retailread more
Most U.S. hedge funds aren't expecting another big stock market sell-off as more firms curb bets on volatility, according to Nomura.Marketsread more
While Trump's lawyers had argued that the committee's subpoena did not have a legitimate legislative purpose — and was therefore invalid — Mehta took a broader view.Politicsread more
See which stocks are posting big moves after the bell on Monday, May 20.Market Insiderread more
Silicon Valley argues that Wall Street focuses too much on near-term profits — but investors have embraced money-losing biotech IPOs.Marketsread more
Iran has quadrupled its output of nuclear material amid rising tension with the U.S. and dangerous escalations in the Middle East.Energyread more
The announcement comes amid a wave of store closures across the country this year.Retailread more
"As long as President [Donald] Trump believes that the Chinese are the ones who pay the price, he's going to keep taking a hard-line approach to these negotiations," Cramer...Mad Money with Jim Cramerread more
Sens. Mitch McConnell and Tim Kaine introduced a bill Monday that would raise the minimum age to buy tobacco to 21 in hopes of curbing what regulators are calling an...Health and Scienceread more
More tit-for-tat tariffs in the U.S.-China trade war could set the global economy up for a recession, according to Morgan Stanley.Marketsread more
Jim Cramer ranks the stocks of Twitter, Snap, Pinterest and Facebook.Mad Money with Jim Cramerread more
Colgate-Palmolive said on Thursday it would cut more jobs under an extended restructuring program as the world's largest toothpaste maker grapples with tough macro-economic conditions, including a strong dollar.
The program, now expected to end in December 2017, will result in the reduction of 3,300 to 3,800 positions globally.
Colgate, had earlier said it expected to complete the program this year and cut about 2,700 to 3,200 positions.
The company, which gets more than three-fourths of its revenue from outside the United States, has been raising prices to counter the impact of the stronger dollar.
But that has hit volumes in regions such as Latin America, the company's biggest market by sales.
Colgate said on Thursday it would take pre-tax charges of $1.41 billion to $1.59 billion by the end of December 2017, up from the previous $1.28 billion to $1.44 billion it had estimated under the original program.
The company also said it would cut costs on its supply chain and focus on expanding its commercial hubs.
Colgate's shares were flat at $68.23 in after-hours trading on Thursday.