business activities and management

US consumer spending rose in August as gas prices fell

CNN Business — Another month of falling gasoline prices gave Americans’ wallets some respite in August. That sent consumers back to stores last month. The Census Bureau reported Thursday that a key measure of U.S. retail sales in August unexpectedly rose 0.3% on a monthly basis, after a revised 0.4% decline in July. Retail sales, …

US consumer spending rose in August as gas prices fell Read More »

Regal Cinemas: Cineworld says may file for Chapter 11 bankruptcy

London CNN Business — The owner of Regal Cinemas confirmed on Monday that he was considering filing for bankruptcy, but promised to “business as usual” as he tried to shore up his finances. Britain’s Cineworld Group said in a statement that a “voluntary Chapter 11 filing in the US” was one of the options it …

Regal Cinemas: Cineworld says may file for Chapter 11 bankruptcy Read More »