US Retail Giant Sears Files for Bankruptcy
So what went wrong? Also, Peter Jankovskis takes a look at the day on Wall Street
The department store chain that once dominated America's shopping malls, has filed for bankruptcy. We hear about its glory days from historian Jerry Hancock. Mark Cohen, a professor at Columbia Business School and former CEO of Sears' Canadian Business, gives his assessment of what went wrong. Plus, we take a look at the day on Wall Street with Peter Jankovskis from Oakbrook Investments in Chicago. Amid protests, fracking for shale gas has begun at a site in Lancashire in the UK. Kate Blagojevic is UK head of energy at Greenpeace, and explains why there is resistance to the practice. We also hear from the United States. Seth Whitehead, is a spokesperson for Energy in Depth, the education and outreach arm of the Independent Petroleum Association of America.
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World Business Report
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