The deal would create an American fashion giant that brings Coach, Kate Spade, Stuart Weitzman, Versace, Jimmy Choo and Michael Kors under one house.
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Retailers say organized theft is biting into profits, but internal issues may really be to blame
Target and Foot Locker may be using organized retail theft as a convenient excuse to cloak internal flaws, as others focus on internal theft and […]
Continue readingInsurers face long road, high cost to cover obesity drugs after promising Wegovy heart-health data
There is likely a long way to go before the U.S. sees increased insurance coverage of obesity drugs, but Novo Nordisk’s new data is a […]
Continue reading2025 Cadillac Escalade IQ, GM’s new all-electric SUV, starts at $130,000. Here’s a first look
The 2025 Cadillac Escalade IQ is a new all-electric SUV with more power than the current supercharged V-8 model and an estimated range of 450 […]
Continue readingThese charts show what has Moody’s worried about regional banks including U.S. Bank and Fifth Third
The Moody’s downgrade of 10 banks this week and warnings that more could be coming reignited concerns over U.S. regional banks.
Continue readingGrowing talent gap in U.S. chip space emerges as makers spend billions
Taiwan Semiconductor Manufacturing Company said it had to delay production at its $40 billion Arizona plant due to a lack of workers in the U.S.
Continue readingViasat revenue grows as investigation continues into malfunctioning $750 million satellite
Viasat reportedly quarterly results on Wednesday as the company continues to investigate its recent satellite malfunction.
Continue readingUPS CEO says drivers will average $170,000 in pay and benefits at end of 5-year deal
UPS and the Teamsters Union reached a tentative agreement late last month, averting a strike.
Continue readingCompanies say organized retail crime is on the rise, but there’s no data to prove it
Retailers from Target to Dollar General and Foot Locker say theft is cutting into their profits, but their claims are almost impossible to verify.
Continue readingDisney posts mixed results for quarter plagued by streaming woes, restructuring costs
Subscriber losses continued over the last three months, with the company reporting 146.1 million Disney+ subscribers, a 7.4% decline.
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