Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
The Goldman Sachs technology M&A team, led by Sam Britton, has cashed in on its software focus and decades of experience to dominate 2019's biggest deals.Technologyread more
American small and medium-size companies that rely on China are scrambling to adjust their business plans in response to the escalating trade war.Traderead more
Here are the products that stand to be the most affected by China's new tariffs on $75 billion worth of U.S. goods.Marketsread more
The summit comes amid fears over a global economic slowdown, and U.S. tensions over trade allies, Iran and Russia.Politicsread more
Carl Medlock used to work at Tesla. Now he's one of the few people in the U.S. that can fix the company's original Roadster electric vehicles.Technologyread more
The world's second biggest economy is past a point where it cannot ignore its enormous debt anymore, according to an analyst.China Economyread more
Trump does have some powerful tools that would not require approval from U.S. Congress.Politicsread more
Stocks dropped after Donald Trump ordered that U.S. manufacturers find alternatives to their operations in China.US Marketsread more
As demand for lab monkeys continues to rise, U.S. scientists are reporting delays in research projects because they can't obtain enough animals, according to the National...Politicsread more
The European Union will respond in kind if the U.S. imposes tariffs on France over digital tax plan, EU chief Donald Tusk told G-7.Technologyread more
Not long ago, Bed Bath and Beyond was a go-to spot for home goods, but its troubles over the last few years have left investors wondering whether the retailer still has a future and what that will look like.
Recently shaken up by three activist investment groups, the company has revamped its board and is searching for a new CEO. It is also taking steps to stabilize sales, cut costs, review its portfolio and cut its workforce.
The investor group, made up of Legion Partners, Macellum Capital Management and Ancora Advisors, has said the company can right itself and restore value to shareholders with new leadership and by bringing the company in line with the best practices already seen in more successful retailers.
The list is long, but suggested fixes include reducing the clutter in Bed Bath and Beyond stores, which customers currently find confusing, messy and tough to shop. It also involves buying products directly from overseas manufacturers rather than the U.S.-based middlemen Bed Bath and Beyond sources most of its products from.
Bed Bath and Beyond still has a reason to exist, say many analysts who follow the company. But it still has a long road ahead of it.
Over the last 12 months, shares of the company have fallen more than 50%. Things have not improved since the activists got involved. Shares fell from a closing price of $16.92 on March 26, when the group announced its stake, to a closing price of $9 on Aug. 1. Bed Bath and Beyond has a market cap of $1.1 billion.