Michael Kors’ profit tumbles but tops Street estimates, sending shares soaring

In the wake of announcing a major acquisition, stronger comparable sales results in North America and Europe helped fuel Michael Kors’ profit and revenue to top Street expectations in its fiscal first quarter. Michael Kors said Tuesday that its net income...

Switching careers doesn’t have to be hard: Charting jobs that are similar to yours

“To solve this problem, people will need to have more skills, but the generation of skills is more an effect than a cause,” said Byron Auguste, co-founder of Opportunity@Work, a nonprofit for job seekers with nontraditional backgrounds. “It works for...

Bank CEO reportedly tells customers not to expect automatic refunds if they fall victim to fraud

Victims of bank fraud should not expect automatic refunds and are sometimes at fault for not taking a “duty of care”, the CEO of RBS has reportedly said. Chief Executive Ross McEwan said that banks could not always be blamed if customers give out their...