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US consumer confidence hits nine-month low

US consumer confidence hits nine-month low By Reuters ​U.S. consumer confidence dropped to a nine-month low in April as worries about the future mounted, further heightening the risk that the economy could fall into recession this year. Reuters The consumer…

Hanesbrands lays off headquarter employees

Hanesbrands lays off headquarter employees Hanesbrands Hanesbrands lays off headquarter employees. – Champion The Winston-Salem, North Carolina-based company did not say how many local employees were affected, but did note that the cuts were a result of current financial and…

HanesBrands posts better-than-expected quarterly sales amid headwinds

HanesBrands posts better-than-expected quarterly sales amid headwinds HanesBrands announced on Friday better-than-expected fourth-quarter sales, which fell 6% to $1.47 billion, which included a $55 million unfavorable impact from foreign exchange rates, compared to last year. Champion ​The Winston-Salem, North ​Carolina-based company…