The FTC sued to block the merger between Tapestry and Capri, arguing it would harm consumers and employees. ...
Tag: Source : CNBC
Boeing machinists reject new labor contract, extending more than 5-week strike
Boeing machinists walked off the job on Sept. 13 after overwhelmingly rejecting an earlier proposal. ...
Southwest and Elliott near settlement which would end proxy fight, source says
Southwest Airlines is near a deal with activist Elliott which would stave off a potential proxy fight in exchange for…
McDonald’s shares fall after CDC says E. coli outbreak linked to Quarter Pounders
The CDC said an E. coli outbreak linked to McDonald's Quarter Pounder burgers has led to 10 hospitalizations and one…
Starbucks shares slide after coffee chain says sales fell again, suspends outlook
The company's same-store sales slid for the third consecutive quarter, fueled by a 10% tumble in traffic to its North…
‘New bullish phase’? As gold hits another high, analysts say more records are in sight
Gold is now in a new bullish phase after prices hit a record high, said Sprott Asset Management, echoing other…
Trump tax plans could exempt 93 million Americans from income taxes
Even if Donald Trump wins the November election against Vice President Kamala Harris, his tax overhaul will require a friendly…
Elections, hurricane damage and more: Here are four factors that will shape holiday shoppers’ purchases
A deal-hunting mindset, volatile weather and election distraction could influence holiday spending this year. ...
Boeing machinists to vote on new proposal with 35% raises that could end strike
The IAM will vote Wednesday on the new proposal which includes 35% wage increases over four years, a higher signing…
Trump again refuses to release current health records, as Harris questions his fitness
Donald Trump would become the oldest person in U.S. history elected president if he beats Kamala Harris in the Nov.…
Netflix rose 11% after third-quarter earnings beat
Netflix saw momentum in its ad-supported membership tier, which surged 35% quarter over quarter. ...
China needs stimulus with ‘beautiful deleveraging’ to avoid debt crisis, says Ray Dalio
China must employ a “beautiful deleveraging” in addition to its recent stimulus measures in order to avoid debt crisis, says…