Gordmans may file for bankruptcy amid retail slump
Gordmans Stores, a Midwest department chain based in Omaha with locations in Cedar Rapids and Coralville, is preparing a bankruptcy filing possibly this month. The retailer has seen shares fall over 75 percent in a year amid sluggish mall traffic and online shopping shifts impacting department stores.
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Gordmans Stores
Cedar Rapids
Coralville
Gordmans
J.C. Penney
Macy’s
Sears
Sam Richman
Omaha
Bloomingdale’s
Dan Gordman
California
Richman Gordman
Tipping Ashes Out of Favor in Minneapolis Dining
UC Berkeley labor scholar Saru Jayaraman urges abolishing tips for a 15 dollar minimum wage to lift workers. debate in Minnesota with restaurateurs like Holly Hatch Surisook noting cost and fairness concerns. Pew figures show tipping supports nearly 3.75 million workers, about 18 percent of the workforce.
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Minneapolis
Saru Jayaraman
Food Labor Research Center
University of California At Berkeley
University of Minnesota Business School
Jayaraman
Yale Law
Holly Hatch-Surisook
Hatch- Surisook
Hatch-Surisook
Pew Research Center
Statue of girl confronts Wall Street bull in gender diversity protest
State Street Global Advisors installed a bronze girl statue facing the Charging Bull in Lower Manhattan to highlight gender diversity on corporate boards and the pay gap in financial services on the eve of International Women’s Day. Organizers urged women to support female-owned businesses and women at work to limit shopping or wear red.
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Reuters
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New York City
U.S
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New York
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State Street Global Advisors
Anne McNally
State Street Corp
Iowa
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Des Moines
Federal Building
Ron O’hanley
Kristen Visbal
McNally
Arturo di Modica
New York Stock Exchange
Broadway
IRS audit rates fall as budget cuts bite
The IRS audited about 1.0 million individual returns in 2016, the lowest since 2004, a 16 percent drop from the prior year. With more than 17 000 employees cut since 2010 and 7 000 enforcement staff gone, experts warn taxpayers not to gamble on lax enforcement.
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Internal Revenue Service
IRS
IRS Long
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