Global Investing Roundups: Macy’s, Anheuser-Busch, Yum Brands
Posted on November 13, 2008 at 11:00 AM EST
General Growth Properties Facing Bankruptcy; Macy’s Cut Capital Spending 45%; Oil Futures Dip; China Retail Sales Soar; Yum Restructures; AB Shareholders Approve InBev Merger General Growth Properties Inc. (GGP) warned it is on the brink of bankruptcy, as slow retail sales have forced many of its mall vendors to close their doors, ...