We are now seeing clear signs that the US is moving back towards a recessionary territory.   The first quarter US GDP data showed the US economy growing at an annualized rate of just 2.5% (3.0% was expected).   The only reason growth was even this high was because the Government understated inflation, recording a GDP deflator of 1.2%. ...

Employees will always resist change unless they believe the company's survival is literally at stake. Here's how to make it clear to them that it is.There is no list quite as sobering to an entrepreneur as a list of the most promising young companies of two decades ago--most of which, you can be quite sure, don’t exist any more.The fact ...

The department store chain is awarding Michelle Gass a pay package that iincludes salary, stocks and signing bonus, according to securities filing.

She will serve as chief customer officer, a newly created position, and report to Kevin Mansell. Continue reading...Follow WWD on Twitter or become a fan on Facebook.

(Reuters) - Starbucks Corp executive Michelle Gass, who was instrumental in the world's biggest coffee chain's post-recession U.S. turnaround, is leaving after more than 16 years to become chief customer officer at retailer Kohl's Corp . Gass, known for having led many big initiatives at Starbucks, including the development of Frappuccino blended drinks, will join Kohl's in the newly created ...