Robert Galbraith/Reuters A sign is seen on protective fencing as workers begin demolition on a former retail mall Sluggish sales at Macy’s are hurting more than just the mega-retailer itself. The department store chain recently announced that it would be closing 100 stores in a bid to shore up business. That could impact about $ 3.64 billion in commercial mortgage-backed securities […]

John Rawlinson / Flickr, CC A couple kissing on the steps of a university. Extra-marital affairs dating website Ashley Madison revealed that it could abandon its widely publicised London IPO, which was estimated to raise £135 million ($ 200 million) to fuel a massive expansion, because it has potentially found a “better option.” Noel Biderman, CEO of Avid […]