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The clothing retailer Children's Place said Thursday that it was exiting its Disney Stores business in North America and would reduce spending and cut jobs.
The First Union Corporation, the sixth-largest United States bank, which is struggling to stop falling profit, said it was exiting Tennessee by selling its branches, with $1.7 billion, in deposits to the Firstar Corporation of Milwaukee.
Sunoco announced on Tuesday that it was exiting the refining business, in its latest move to refocus the oil company on retail and logistics operations.
BITS Sunoco to Sell Refineries | Sunoco announced on Tuesday that it was exiting the refining business, in its latest move to refocus the oil company on retail and logistics operations.
In 2016, the company announced it was exiting the golf equipment market.
Gaylord Entertainment, owner of the Grand Ole Opry, said it was exiting the Internet business and cutting 85 related jobs.
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Under Kazuhiro Tsuga, its newish chief executive, it is exiting both plasma televisions and consumer smartphones.
It said it would also shift fixed-income businesses it is exiting to the nonstrategic portion of the investment bank.
However, A.I.G.'s move to cash out of AIA doesn't mean it is exiting Asia altogether.
Cigna blamed the weak and volatile stock market for the charge, which is related to claims it paid for death benefit annuities, a business it is exiting.
It is exiting the wholesale mortgage market, in which it buys mortgages from others, and will focus on direct mortgage lending.
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