Browsing: Business
Morgan Stanley said Thursday CEO Ted Pick would be its next chair succeeding James Gorman, who has been tapped to head the board at Walt Disney after he steps down as executive chair of the…
Neiman Marcus has quietly removed the word “Christmas” from its iconic, 98-year-old annual gift catalog – and some company insiders gripe that the stealthy switch smacks of woke politics, The…
A US judge blocked the pending $8.5 billion merger of handbag and accessories maker Tapestry and Capri on Thursday, a victory for the Federal Trade Commission in an industry where merger challenges are rare. The FTC…
The group that owns the fading Playboy brand on Thursday rejected a $100 million buyout offer from Cooper Hefner, the son of the magazine’s late founder. “After careful review and…
If you feel like your paycheck hasn’t kept up with inflation, you aren’t alone — and you may be right. About three-quarters of respondents to a Wall Street Journal national…
Sales of Hermès luxury purses that can go for upwards of $25,000 jumped by more than 11% in the most recent quarter — the latest evidence that well-heeled shoppers can’t…
A McDonald’s supplier recalled yellow onions produced in a Colorado plant in response to a deadly E. coli outbreak at the fast food chain Taylor Farms, which supplies onions to…
Southwest Airlines and its activist investor Elliott Investment Management ended a bitter months-long boardroom battle on Thursday in a deal that allows CEO Bob Jordan to retain his job by…
Shares of Harley-Davidson dropped after the iconic motorcycle maker slashed its full-year revenue forecast as its customers chafed at price inflation and high borrowing costs — as well as a…
Shares of Tesla surged more than 13% before the opening bell on Thursday after CEO Elon Musk told investors he expects the company’s electric vehicle sales to rise by between…