Barneys close to sale to Authentic Brands after rival bid fails: sources
Luxury retailer Barneys New York Inc is close to being sold to licensing firm Authentic Brands Group LLC after a competing bid from a trade...
Citigroup names Jane Fraser as president
Citigroup Inc has promoted Jane Fraser to head of its global consumer bank and president, putting her in a position eventually to become the next...
Albemarle cuts 2019 forecast on lithium price pressure
Albemarle Corp , the world’s largest lithium producer, on Thursday cut its sales and profit forecasts for the year, hit by a continued slump in...
FTC staff recommends approval of Roche deal for Spark: report
The Federal Trade Commission staff reviewing Roche’s plan to buy U.S.-based gene therapy specialist Spark Therapeutics for $4.3 billion recommended that the deal be approved...
Massachusetts accuses Exxon in lawsuit of climate change deceit
Massachusetts sued Exxon Mobil Corp on Thursday, accusing the oil giant of misleading investors and consumers for decades about the role fossil fuels play in...
CVS, Rite Aid pull all 22-ounce J&J baby powder from stores
CVS Health Corp and Rite Aid Corp are removing all 22-ounce bottles of Johnson & Johnson’s baby powder from their stores, following the healthcare conglomerate’s...
Amazon’s gloomy holiday forecast misses estimates, shares fall 7%
Amazon.com Inc on Thursday forecast revenue and profit for the holiday quarter below expectations, as it faces fierce competition and rising costs from its plan...
Exclusive: Software under scrutiny in Airbus A220 engine failures
A U.S.-led investigation into a series of engine failures on Airbus’s smallest jet, the A220, is studying whether a software change allowed unexpected vibrations that...
Beyond Meat brings in Coca-Cola veteran to head marketing
Beyond Meat Inc will bring in Coca-Cola Co veteran Stuart Kronauge as its chief marketing officer, the vegan patty maker said on Thursday, as it...
Massachusetts sues Exxon Mobil, saying company lied about climate change
Massachusetts sued Exxon Mobil Corp on Thursday, with the state’s attorney general accusing the oil giant of misleading investors and consumers for decades about the...