(Reuters) - The U.S. Consumer Financial Protection Bureau (CFPB) has taken steps to put Alphabet's Google under formal federal supervision, the Washington Post reported, potentially mounting yet ...
TD Cowen analyst Andrew Charles wrote in a client note that Cava's price increase, of roughly 15% compared to 2019, "significantly trails" the 25% to 30% hikes by most fast-casual peers. In the ...
(Reuters) -Tapestry is terminating its $8.5 billion deal to buy Michael Kors owner Capri following a legal hurdle, the companies said on Thursday, ending their effort to create a U.S. luxury giant to ...
Advance Auto Parts Inc. (NYSE: AAP) reported third-quarter adjusted loss per share of 4 cents, compared with the street view for EPS of 49 cents. Quarterly sales of $2.15 billion missed the analyst ...
There is no break fee. Tapestry will also reimburse Capri $45 million for transaction-related expenses. Recently, a judge blocked the acquisition by Tapestry, which the companies planned to appeal the ...
Troubled British fashion house Burberry on Thursday announced cost-cutting plans after posting a loss, with the global luxury sector pressured by weak Chinese demand. Burberry reported a net loss of ...
This year's John Lewis Christmas advert shows a woman frantically buying a last-minute gift for her sister and follows their ...
LONDON (Reuters) - British consumer group Which? will launch legal action against Apple on Thursday, alleging the tech giant breached competition law by effectively locking millions of its customers ...
Microsoft is getting rid of the Arcade section of the Microsoft Store that houses instant games starting November 14.