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World news
Cartier Is a Cut Above Tiffany
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May 12, 2023
The French brand does more business in China than its American rival, which should help to maintain its edge in 2023. Source link
Business
Peloton Recalls 2.2 Million Bikes, Customers Told to Immediately Stop Using Them
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May 11, 2023
The Consumer Product Safety Commission said people should immediately stop using the bikes. Source link
Business
The Executive Keeping Tesla Rolling Isn’t Elon Musk
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May 11, 2023
Finance chief Zach Kirkhorn is little known outside the company, but inside he is widely admired for his skill navigating the demands of...
Business
Shopify to Lay Off 20% of Its Workforce as It Sells Logistics Business to Flexport
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May 4, 2023
Sale of Deliverr and 6 River Systems effectively ends its bid to run its own logistics operation for its merchant customers. Source link
Business
WSJ News Exclusive | Revlon Taps New Directors as Lenders Take Control in Bankruptcy
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April 30, 2023
Revlon Inc. will emerge from bankruptcy under new ownership and a new...
Business
WSJ News Exclusive | World’s Richest Man Likes the View Atop Refurbished Tiffany
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April 28, 2023
Bernard Arnault says that under LVMH, profits have doubled at the American jeweler, which reopened its flagship store this week. Source link
Business
Gap to Conduct Layoffs, Cutting 1,800 Corporate Jobs
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April 28, 2023
The cuts, which are expected to result in $300 million in annualized savings, are happening mainly at the retailer’s San Francisco and New...
Business
WSJ News Exclusive | Gap Plans to Lay Off Hundreds of Corporate Workers in Latest Cuts
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April 26, 2023
The retail chain plans to shed a larger number of workers than it did in September. Source link
Business
Bed Bath & Beyond Files for Bankruptcy
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April 23, 2023
Years of losses and a failed turnaround plan left the retailer struggling to stock stores. The company expects all its retail locations to...
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