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Gap to close 175 stores, cut jobs at headquarters

Apparel retailer Gap Inc (GPS.N) said it would close a quarter of Gap specialty stores in North America over the next few years, including 140 this year, potentially affecting thousands of jobs as the company struggles with a slump in sales at its namesake brand.


CVS Health to buy Target's pharmacy business for $1.9 billion

Drugstore operator CVS Health Corp (CVS.N) will buy Target Corp's (TGT.N) pharmacies and clinics in a $1.9 billion deal that should help it bargain with drug makers for lower prices, while freeing Target from a costly business where it struggled to make a profit.

Greek angst weighs on Wall Street; health stocks rise

Stocks fell on Wall Street on Monday as investors fretted over the consequences of a possible debt default by Greece, but talk of multi-billion dollar healthcare deals buoyed shares in the sector, cutting into the market's loss.

The New iPhone possibly arriving in September: Alloy-coated handset rumored to have 2 models and a 21MP main camera

The next iPhone model is said to be making its debut on September 25. Apple is said to be making two models and comes with a 21MP camera


Latest News

American Horror Story will be back this October and the show promises its scariest season. With Lady Gaga on the team, all eyes are on her.
Teen Wolf Season 5 will return by the end of the month. Stiles to have a hard time this season with his girlfriend, Malia. Old face to return this season as a guest star.
The Winds of Winter author, George R.R. Martin warns fans to stop sending emails to him so he could focus on finishing the book. He will be very busy with new projects as well.
Microsoft tech giant is about to release the newest Lumia 940 and Lumia 940 XL. The new smartphones have better specs and high quality camera.
Attack on Titan Season 2 is probably one of the most awaited anime of today. According to various reports, the anime is still far from coming to our small screens as it has been revealed that it is to be released in 2016.
Survivor Season 31: Second Chance also known as Survivor: Cambodia is three months away from officially starting but details regarding the season three of the show had been already revealed.
Scandal had just been renewed for its fifth season but updates as well as spoilers regarding the upcoming season. As things between the President Fitzgerald and Olivia is getting better, threats as well as scandals that the white house is facing is getting much tougher than ever.
Godzilla 2 is still part of the plans, although there are very few details released about the film as of now, Legendary Pictures reassured Godzilla fans that they will see the gigantic monster in the big screen a few years from now. Actor Aaron Taylor-Johnson said to be expected to reprise his role in the upcoming Godzilla film.
Frieza will be back to bring destruction in Dragon Ball Z: Revival of F. The movie said to be released in Australia and New Zealand this year.
While Avengers: Age of Ultron had just made another blockbuster hit out of itself, the Avengers will appear in the big screen once again in Avengers: Infinity War Part I and II. Both movies will be filmed back to back, and thus will probably take 9 months to finish.