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Why companies hire back people they just laid off

Many of us have heard of “boomerang employees”—someone who leaves a company and later returns—but there’s a newer version showing up in the workplace: the layoff boomerang. Maybe you’ve…

OCBC’s shares hit record as wealth unit shines

OCBC shares gained as much as 0.6%, above the previous high from more than two weeks ago Oversea-Chinese Banking Corp (OCBC) shares hit a fresh record as the wealth-management business…

Asos to Open Winter Wonderland Pop-up in SoHo

Asos, the British high street brand, is popping up in SoHo again. Following pop-ups in SoHo and the Montauk Surf Lodge this summer, Asos will return to SoHo with Winter Wonderland, an…

PacSun Inks Deal to Open Stores in Middle East

PacSun is bringing its California aesthetic to the Middle East. The Anaheim, Calif.-based retailer, which operates around 350 stores across the U.S., has signed a deal with Majid Al…