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- LifestyleU.S.News & World Report•3 hours ago
If you ask many retirees what their life is like, they will probably tell you that they are as busy as ever. Every day is full of errands, shopping, household chores, yard work, TV and movies, club meetings and all sorts of other things. Their calendars
- FinanceBusiness Insider•2 hours agoThe Titanic of stores: Sears is 'set to sink' as stores close, executives flee, and the CFO admits the brand is falling short
Sears reported mounting losses on Thursday and acknowledged that the company has "fallen short" of expectations for a recovery. Same-store sales dropped 7.4%, including a 10% decrease at Sears stores and a 4.4% decrease at Kmart stores. Sears' cash and equivalents fell 12% to $258 million in the period.
- BusinessCNBC.com•18 hours agoSouthwest's CEO shares the secret of how they've never laid off a single employee or cut pay in 45 years
The stock of Southwest Airlines had investors salivating on Wednesday as transports surged. Yet according to CEO Gary Kelly, the secret sauce to the company's competitiveness is its culture. "Our people are fantastic, it really is what sets us apart competitively in the industry and they are the ones that have made Southwest so successful," Kelly told "Mad Money" host Jim Cramer. Southwest began operating in 1972, and during the span of its 45-year history, the company has never a single layoff or pay cut for any employee. It has also been profitable every year since its first full year of operation. "There is a lot to a culture, and it's easier to have a strong culture if you feel like you're