Business

A J.Crew store logo is pictured on a building along the Lincoln Road Mall in Miami Beach, Florida March 17, 2016. REUTERS/Carlo Allegri NEW YORK (Reuters) – J.Crew Group Inc, known for its preppy men’s and women’s clothing, said on Saturday that its Chief Executive Officer James Brett is leaving the company, effective immediately. The
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FILE PHOTO: German Transport Minister Andreas Scheuer addresses a news conference in Berlin, Germany, November 8, 2018. REUTERS/Fabrizio Bensch BERLIN (Reuters) – Transport Minister Andreas Scheuer wants to open the German market to car pooling services offered by Uber and other companies by 2021, Focus magazine reported Saturday. Scheuer told Focus in an interview that
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FILE PHOTO – A logo for ABC is pictured atop a building in Burbank, California February 5, 2014. REUTERS/Mario Anzuoni (Reuters) – Karey Burke will replace Channing Dungey as president of Walt Disney’s (DIS.N) ABC Entertainment, the company said on Friday. Burke is currently head of original programming for Disney’s cable channel Freeform. Dungey, the
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MONTREAL, TORONTO (Reuters) – Bombardier Inc’s (BBDb.TO) top executives met with investors in Montreal on Friday after a disappointing free cash flow forecast and regulatory action, which sent the plane and train maker’s shares down 20 percent, sources familiar with the matter said. A Bombardier trade pavilion is seen at Farnborough International Airshow in Farnborough,
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The Viacom office is seen in Hollywood, Los Angeles, California, April 24, 2018. REUTERS/Lucy Nicholson (Reuters) – Viacom Inc (VIAB.O), the owner of MTV, Comedy Central and Nickelodeon, reported a 5 percent rise in quarterly revenue on Friday, as its Paramount Pictures division gained from the success of “Mission: Impossible – Fallout”. Net income attributable
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SINGAPORE (Reuters) – The dollar weakened on Thursday against the pound and euro, which rose after Britain’s prime minister won cabinet approval for her draft Brexit plan, although concerns about whether the proposal can clear parliamentary hurdles capped broader gains. FILE PHOTO: Dollar, Euro and Pound banknotes are seen in this picture illustration taken April
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(Reuters) – The head of Walmart Inc’s (WMT.N) Indian venture Flipkart Group, Binny Bansal, has resigned following an internal probe into “serious personal misconduct”, Walmart said on Tuesday, and two people familiar with the matter said it involved an accusation of sexual assault. FILE PHOTO – Binny Bansal, Group Chief Executive Officer of India’s largest
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FILE PHOTO: The Boeing logo is pictured at the Latin American Business Aviation Conference & Exhibition fair (LABACE) at Congonhas Airport in Sao Paulo, Brazil August 14, 2018. REUTERS/Paulo Whitaker/File Photo (Reuters) – The U.S. aviation regulator has launched a high-priority probe of the safety analyses performed over the years by Boeing Co (BA.N), following
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FILE PHOTO: JUUL e-cigarette vaping pods are shown in this photo illustration taken September 14, 2018. REUTERS/Mike Blake/Illustration/File Photo (Reuters) – Juul Labs Inc, the U.S. market leader for electronic cigarettes, said Tuesday it will pull popular flavors such as mango, cucumber and fruit from retail store shelves in an effort to reduce surging teenage
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FILE PHOTO – A Home Depot employee is seen outside a store in Los Angeles, California March 17, 2015. REUTERS/Lucy Nicholson/File Photo (Reuters) – Home Depot Inc (HD.N) topped Wall Street estimates for quarterly comparable-store sales on Tuesday, as consumers faced with a shaky U.S. housing market spent more on average at the country’s No.1
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(Reuters) – Coty Inc (COTY.N) replaced its chief executive officer and chairman on Monday, days after the cosmetics giant spooked investors by saying it was grappling with a supply chain issues that could hurt its performance this fiscal year. FILE PHOTO – A trader works at the trading post that trades Coty Inc. on the
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A screen shows the value of goods being transacted at Alibaba Group’s 11.11 Singles’ Day global shopping festival in Shanghai, China, November 11, 2018. REUTERS/Aly Song SHANGHAI (Reuters) – Chinese e-commerce giant Alibaba Group Holding Ltd settled roughly 69 billion yuan ($9.92 billion) in the first hour of its annual Singles’ Day on Sunday, up
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SINGAPORE (Reuters) – Netflix (NFLX.O) chief executive Reed Hastings said that the streaming video company had no plans for cheaper prices in the hotly competitive India market and that an executive’s comments suggesting otherwise had been “misunderstood.” FILE PHOTO: Netflix’s Chief Executive Officer Reed Hastings delivers his keynote speech during Mobile World Congress in Barcelona,
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NEW YORK (Reuters) – U.S. companies are warning about rising wages eating into profit margins, increasing investor worries that next year’s expected drop in profit growth may be sharper than feared. FILE PHOTO – A sign for the Wall Street subway station is seen in the financial district in New York City, U.S., August 23,
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