LVMH Expands Industry Influence With Investment in Moncler
LVMH is investing in Moncler in a transaction that gives the luxury heavyweight a seat on the board of the...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Forvia Cuts Sales, Margin Outlook on Market Uncertainty
The car-parts supplier cut its sales and profitability guidance for the year, as market uncertainty in Europe and high car...
A U.S. Crackdown Targeted an Adderall 'Pill Mill.' Secretly, It Had Already Moved to China.
The owner of Silicon Valley’s Done Global was arrested, but the telehealth company’s staff in China still provides easy access...
Cassava Paying $40 Million to Settle Doctored Alzheimer's Drug Data Claims
The Securities and Exchange Commission alleged that a researcher for the company manipulated trial data to make its drug results...
Newsmax and Smartmatic Settle Defamation Lawsuit Over False 2020 Election Claims
A trial in the case was set to begin Sept. 30, while Smartmatic has a separate suit pending against Fox...
Germany to Keep Commerzbank Shares After UniCredit Takes Stake
The government said it won’t offload any additional shares in the bank following the sale to UniCredit for €702 million....
Hoda Kotb to Step Down as Co-Host of NBC's 'Today' Show
The veteran journalist, who has worked at the network for 26 years, would be working on the show through the...
What's the Difference Between Sustainable Fund Managers and Other Fund Managers? Not Much
Study finds that both sets of managers behave similarly, which suggests the sustainable impact might not be as big as...
Southwest Raises Revenue Forecast, Plans Share Buyback in Activist Battle
The airline’s first flights with assigned seats are scheduled to take off in 2026, among a series of radical changes...
The Addiction to Discounting at Michael Kors Is Exposed in Court
The antitrust trial over Kors’s proposed merger with Coach-owner Tapestry shows how far the handbag maker has fallen. Source link
Commerzbank Confirms Independent Strategy Ahead of Talks With UniCredit
The German lender said it planned to improve its profitability and boost shareholder returns as it grapples with a possible...
Fed's Rate Cut Is Jolting Small Businesses to Spend Again
From restarting expansion plans to boosting marketing, some entrepreneurs are preparing for lower borrowing costs. Others say not so fast....
H&M to Miss Margin Target as Higher Costs Hurt Earnings
H&M won’t hit a key profitability target this year but said sales momentum picked up through July and August before...
Diageo Backs Targets; Warns of Continued Challenges
The spirits maker confirmed its outlook for the near and medium term, but cautioned that a tough consumer backdrop means...
BASF Slashes Dividend, Plans Portfolio Shake-Up in Strategy Shift
The chemicals giant cut its annual dividend and opened the door to selling noncore assets, including a potential listing of...
FTC Accuses Drug Middlemen of Inflating Insulin Prices
The Federal Trade Commission sued the drug middlemen that health plans use to keep a lid on drug spending, accusing...
Nokia Says German Court Ruled in its Favor Over Amazon Patent Dispute
Nokia had claimed the unauthorized use of its video-related technologies in streaming services and devices by Amazon. Source link
Will AI Make Job Recruiting More Efficient—but Less Fair?
We asked readers what they think about companies that are relying more on artificial intelligence to screen candidates. Are the...
He Worked at the Charlotte Observer. Now He Wants to Buy It.
Local entrepreneur Ted Williams offered a detailed plan to revitalize the paper, complete with a budget. Source link
Mercedes, BMW Flash Warning Lights on China
Top-end German carmakers have joined expensive French handbags among the products hit by weak consumer sentiment in the country. Source...
