Monthly Archives: March 2017

Toshiba’s Westinghouse to file for U.S. bankruptcy Tuesday: sources

TOKYO (Reuters) - U.S. nuclear developer Westinghouse Electric Co plans to seek bankruptcy protection from creditors on Tuesday as it struggles to limit losses that have thrown its Japanese parent Toshiba Corp into crisis, people familiar with Toshiba'...

Read More »

Dutch online-only supermarket Picnic raises €100 million

Picnic, an online-only supermarket operating in selected cities in the Netherlands, has raised 100 million euros in funding from NPM Capital, De Hoge Dennen, Hoyberg and Finci. With the money, Picnic wants to further expand across the country. With the huge investment Picnic wants to open five new distribution centers Continue reading

Read More »

U.S. consumers most confident since 2000

(Reuters) - U.S. consumers' confidence in the economy rose in March to its highest level since December 2000, a survey showed on Tuesday, led by optimism for finding work and a brighter assessment of business conditions.

Read More »