Brands, get ready to jump on the #RoyalBaby train again. Duchess Meghan Markle and Prince Harry are expecting their first child. The news was announced by Kensington Palace via Twitter early Monday. The baby is due in the spring, the palace said.
Sears Holdings Corp. has filed for bankruptcy. The iconic retailer filed for Chapter 11 protection from creditors with the U.S. Bankruptcy Court in White Plains, New York, on Monday and said Eddie Lampert is stepping down immediately as CEO. Lampert’s ESL Investments Inc. is negotiating a financing deal while also discussing buying "a large portion of the company’s store base," Sears said in a statement.
JPMorgan Chase CEO Jamie Dimon and Ford Motor Chairman Bill Ford are the latest business executives to walk away from Saudi Arabia’s Future Investment Initiative. Both are withdrawing from the upcoming investment conference, dubbed "Davos in the desert," amid the disappearance of Saudi journalist Jamal Khashoggi, according to CNBC.
President Donald Trump opens up to "60 Minutes." Defense Secretary Jim Mattis may leave, Trump said in an interview with anchor Lesley Stahl. "I mean, at some point, everybody leaves…that’s Washington," he said. Here are five other takeaways from the interview.
Waste Management SVP Barry Caldwell has exited the company after 16 years. Caldwell’s last day with Waste Management was August 11. The company is currently conducting a search for a chief human resource officer position, a representative told PRWeek.