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Report: Citigroup considering keeping store credit card unit
London — A Wednesday report by the Financial Times said that Citigroup Inc. may retain its store credit card unit, after trying to divest it earlier.
The $41 billion unit could be moved out of Citi Holdings, according to the report, over to its core credit card operations.
Citi, whose store credit card unit has such clients as Zale, Home Depot, Macy’s and Sears, has not commented on the reports.
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Whirlpool named to Made in the USA Foundation's Hall of Fame
BENTON HARBOR, Mich. — Whirlpool Corp. announced that it was inducted into the Made in the USA Foundation's Hall of Fame at an awards dinner on July 2 in Santa Monica, Calif. Whirlpool was the winner of the Large Kitchen Appliances Category.