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Sears creditors condemn plan to save store, citing 'misconduct' by chairman

CNN BUSINESS |

Sears creditors are still trying to stop chairman Eddie Lampert from buying the beleaguered retailer.

Tesla is slashing its workforce by 7% to make a cheaper Model 3

CNN BUSINESS |

Tesla has announced plans to reduce its full-time workforce by 7% as it works to increase Model 3 production and cut prices.

Netflix now has 139 million paying subscribers

CNN BUSINESS |

Netflix is quickly approaching 150 million subscribers.

Lampert's winning bid for Sears swelled to $5.2 billion

CNN Business |

Eddie Lampert's plan to save Sears cost an extra $200 million before it became official.

Fears of housing downturn may have been overblown

CNN BUSINESS |

The housing market is flashing signs of a bounce back in 2019.

Ford to make all-electric version of its F-150 truck

CNN BUSINESS |

America's most popular vehicle is going electric. Ford will make an all-electric plugin version of the F-150 pickup truck.

Microsoft is investing $500 million to tackle Seattle housing crisis

CNN BUSINESS |

Microsoft is investing $500 million to make homes more affordable in the Seattle area, making it the latest major tech company to wade into local housing issues.

The shutdown is coming at the worst time for the economy

CNN BUSINESS |

None of the 21 government shutdowns since 1976 made a real dent in the economy --- purchases were simply delayed until the government re-opened and federal workers regained their lost wages.

Sears might make it after all

CNN BUSINESS |

Sears may have life after bankruptcy. The company has accepted a bid from chairman and former CEO Eddie Lampert that could keep as many as 425 stores operating, according to a source familiar with...

Morgan Stanley: Another market storm is coming

CNN BUSINESS |

Enjoy the market calm for now. Morgan Stanley thinks another storm is coming.

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