Rob Black’s Winners and Losers: China halts trading, Yahoo & Macy’s layoffs

SAN FRANCISCO (KRON) — On today’s edition of Rob Black’s Winners and Losers, our financial expert Rob Black and KRON 4’s Mark Danon talk about China halting trading and what that means for the U.S.

China’s main stock index plunged again Thursday, triggering the second automatic halt in trading this week.

Yahoo is planning to lay off a large chunk, 10 percent, of its workforce as part of plans to restructure.

Macy’s is also planning a big cutback. The department store plans to close 40 stores and layoff thousands of workers.

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