2+ week, 5+ day ago   (461+ words) Aug 25 (Reuters) – Backlash over a Halloween costume sold by Target spilled into the retailer’s shares on Tuesday, drawing fresh attention to a string of similar controversies that have plagued global brands over cultural missteps. Here are ​some examples: Brand Product…...

3+ week, 3+ day ago   (372+ words) NEW YORK, Aug 20 (Reuters) – D.E. Shaw owns a stake exceeding $1 billion in Sysco, two sources familiar with the matter said on Thursday, hours after the world’s biggest food distributor said it will ​refresh its board to help speed up growth....

3+ week, 4+ day ago   (343+ words) Aug 19 (Reuters) – Coty on Wednesday posted a surprise increase in fourth-quarter revenue on resilient demand for fragrances and cosmetics, and said it has appointed former British American Tobacco finance ​chief Soraya Benchikh as CFO. Shares of the beauty company were…...

1+ mon, 2+ week ago   (849+ words) By Stephen Nellis and Juby Babu SAN FRANCISCO, July 30 (Reuters) – Apple forecast sales for the current quarter ending in September would grow more slowly than Wall Street targeted as the iPhone maker struggled to get the parts it needed to…...

1+ mon, 3+ week ago   (292+ words) NEW YORK, July 17 (Reuters) – A New York state judge dismissed a lawsuit by a former JPMorgan Chase banker who in graphic terms said his ​former supervisor coerced him into sex and demanded ‌his submissiveness, though the lawsuit is expected to…...

1+ mon, 4+ week ago   (592+ words) July 15 (Reuters) – A broad revival in investment banking is taking hold on Wall Street, fueled by a surge in IPOs, mergers and debt issuance. The biggest U.S. banks said this week that deal activity is strengthening across their investment banking…...

1+ mon, 4+ week ago   (205+ words) July 14 (Reuters) – ARC Resources said on Tuesday its shareholders have voted in favor of being acquired by ​Shell, clearing another step for one ‌of this year’s biggest energy sector deals. Shell agreed earlier this year to acquire the Canadian natural…...

2+ mon, 4+ day ago   (463+ words) July 9 (Reuters) – Direct lending by U.S. private credit firms fell sharply in the second quarter even as fund-raising by such firms rebounded, underscoring the deviation between capital raised for the asset class and the deal flow to ​absorb it. North…...

2+ mon, 5+ day ago   (193+ words) July 8 (Reuters) – JPMorgan Chase has hired veteran banker Michael Flynn to lead a newly created banking ​business, according to a memo ‌seen by Reuters on Wednesday. Flynn joins as head of small-cap investment banking, which expands the bank’s existing mid-cap…...

2+ mon, 1+ week ago   (199+ words) LONDON, July 6 (Reuters) – Britain’s construction sector contracted sharply again in June, though the downturn eased slightly from ​May’s six-year low as commercial ‌building weakened less, a business survey showed on Monday. The S&P Global UK Construction Purchasing Managers’ Index…...