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1

Citigroup Will Refund 1.75 Million Credit-Card Customers $335M

Citigroup Will Refund 1.75 Million Credit-Card Customers $335M

One of the world's largest credit-card issuers said it will issue a whopping total of $335 million in refunds to U.S. customers whose annual percentage rate should have been lower.

New York-based Citigroup said a method that it utilized to calculate annual percentage rates did not properly reflect...

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Business 2

Amazon Breaks Ground On $255 Million Warehouse In Connecticut

Amazon Breaks Ground On  $255 Million Warehouse In Connecticut

Construction crews have broken ground for the next home of Amazon’s warehouse on Washington Avenue in North Haven. The $255 million project is expected to be completed by June 2019. The w...

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Business

J.C. Penney To Close More Stores, Lay Off Hundreds Of Employees

J.C. Penney To Close More Stores, Lay Off Hundreds Of Employees

J.C. Penney says it will close eight stores in 2018, resulting in 480 job cuts. This comes after the department store chain shuttered 140 stores in 2017. The eight stores scheduled for cl...

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Business

Westchester-Based PepsiCo Cuts Jobs After Flat Sales

Westchester-Based PepsiCo Cuts Jobs After Flat Sales

Westchester-based PepsiCo reported flat sales in the closing months of 2017 and announced on Tuesday that it will cut jobs while offering bonuses of up to $1,000. The layoffs will affect ...

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