Business News

Financial

General Growth Sees FFO Gain in Second Quarter

In its second-quarter report released after the market closed, General Growth Properties Inc. said its funds from operations increased 7.1 percent on higher year-over-year net operating income.

Human Resources

J.C. Penney Taps Two Outsiders for Omnichannel Work

J.C. Penney Co. Inc. named Michael Amend as executive vice president of omnichannel and Mike Robbins as senior vice president of supply chain.

Calais Migrants Eurotunnel Terminal

Government and Trade

Apparel Summit to be Held in Chittagong

An Apparel and Safety Expo will be held in Chittagong on Thursday and Friday.

Financial

Personal Income, Spending Rise, But Stocks Open Down

Personal income and spending increased, but stocks opened down as Sears sales dropped.

Financial

Europe’s Markets Look Up

In contrast, Greece's Athex index plunged nearly 20 percent Monday morning on in its first day operating since the country's debt crisis.

Promotion for the launch of Rockport's Truwalk Zero footwear.

Government and Trade

Deadline for Trans-Pacific Partnership Talks Seen as Mid-August

The pressure is growing to conclude the talks before the end of the year and before the U.S. presidential campaign enters full gear.

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Legal

Proposed Settlement Reached in Trina Turk Class Action

A complaint filed against the company by a Los Angeles area customer charges the company with violating the Fair and Accurate Credit Transactions Act.