CNN Money's Maribel Aber has your top business and financial news on this Monday, May 19.
NEW YORK, NY (CNN) - CNN Money's Maribel Aber has your top business and financial news on this Monday, May 19.
Dillard's Inc. CEO William Dillard II said Saturday that the department store chain has paid $1.7 billion to shareholders over the last five years — and that trend should continue. Dillard also touted its stock price hitting an all-time high on Friday, closing at $111, up 14.9 percent from Thursday's close.
Kraft is recalling 1.2 million cases of cottage cheese that could spoil prematurely and cause illness. The recall, announced Saturday, includes the Knudsen, Breakstone, Simply Kraft and Daily Chef brands. Ingredients used in nearly three-dozen cottage cheese products weren't properly stored in a California facility, Kraft Foods Group said.
Facebook is taking Snapchat very seriously after its failed attempt to purchase the video and picture messaging app for $3 billion last year. Mark Zuckerberg is personally supervising an internal effort to build a competing "ephemeral messaging" app, according to a new report from the Financial Times. Details are slim on the video-messaging app, but, like Snapchat, it'd take just a few clicks to share videos and pictures that would disappear after one view. If the rumors are accurate, it's being called "Slingshot" internally and it could be released as early as this month.
Your workspace is an extension of your professional demeanor. And in cubicle-ville, more people are paying attention. Appearance matters -- and in the corporate world, that applies to your desktop as much as your dress attire. "Your space speaks to your work mentality, creativity, and organizational skills," says Sam Gosling, a psychology professor at the University of Texas at Austin and the author of Snoop: What Your Stuff Says About You.