Adam Robison | Buy at photos.djournal.comHancock Fabrics, which was founded in Tupelo in 1957, filed for Chapter 11 for the second time in February. In March, it announced it would liquidate its remaining assets. By July 31, its remaining stores had closed. By Dennis Seid Daily Journal TUPELO The biggest business story of 2016 was…
Athens’ decision to pay out bonuses to pensioners prompted Eurozone members to freeze short-term debt relief to Greece. Poverty-stricken pensioners jumped at the hand-out, waiting in long lines to cash their checks. The finance ministers, known collectively as the Eurogroup, issued a statement on Saturday saying that Greece’s creditors had agreed to continue talks. This happened…
Adam Robison | Buy at photos.djournal.comHancock Fabrics, which was founded in Tupelo in 1957, filed for Chapter 11 for the second time in February. In March, it announced it would liquidate its remaining assets. By July 31, its remaining stores had closed. By Dennis Seid Daily Journal TUPELO The biggest business story of 2016 was…
BHS was among companies which fell into administration in 2016 Thousands of British jobs have been lost this year as a string of struggling firms including BHS, Austin Reed and Lowcostholidays fell into administration. The development raises questions over job security in the new year, with companies set to contend with weaker growth, rising inflation,…