rue21’s Bankruptcy Leads to Closure of 540 Retail Locations

One long-time staple of American mall retailers has closed its doors this week, officially filing for bankruptcy. More Retailers Shut Their Doors Another one bites the dust, as teen clothing retailer rue21 joins a growing list of US retailers that are shuttering stores and filing for bankruptcy. Chapter 11 Filed The Pittsburgh-based specialty retailer filed […]

Boeing Executives Enjoy $500,000 in Unreported Benefits, Probe Finds

Boeing recently disclosed that they had wrongly classified $500,000 worth of personal trips for executive staff, amid ongoing problems for the company. Half a Million Undisclosed During an internal review, aviation giant Boeing admitted to spending $500,000 more on executive private jet flights than had been previously disclosed. Perks of the C–Suite Chief Executive David […]