Business

Business

Deutsche Bank is said to weigh retrenchment in U.S. equities

(c) 2018, Bloomberg. Deutsche Bank is considering extensive cuts to its cash equities business in the U.S. as part of a wider restructuring of its investment bank, according to people familiar with the matter. A decision could come as early as this week and may be communicated as part of a larger...


Business

European regulators say they'll investigate whether Apple's Shazam buy could unfairly

(c) 2018, The Washington Post. European regulators said Monday that they’re deepening their probe into Apple’s acquisition of the music recognition app Shazam over concerns that the deal could limit people’s streaming music choices and unfairly weaken companies such as Spotify. Shazam, which is...


Business

6 things to know about Labo, Nintendo's quirky cardboard video game accessory kit

(c) 2018, The Washington Post. I built a car today. And it only took me 10 minutes. A remote-controlled car is the first project you make as part of the Nintendo Labo, a new type of build-it-yourself cardboard accessory that works with the Switch console to combine real-world and digital play....


Business

Sears' biggest shareholder offers to buy Kenmore brand

Sears Kenmore

NEW YORK (AP) — Sears’ biggest shareholder has suggested the company sell its well-known Kenmore brand and some real estate holdings, offering itself as a potential buyer. The ailing company has sold off other major brands as it struggles to stay afloat, with Kenmore a notable remainder of the...


Business

Warm coat leads to hot fashion: Joe Nocera

(c) 2018, Bloomberg View. I dashed off an email recently to Mickey Drexler, former chief executive of J. Crew and perhaps the greatest merchant of his generation, to ask his thoughts about why Canada Goose overcoats had become so popular. You know the coats I mean: those big winter coats, usually...


Business

How merchants quietly use Facebook to flood Amazon with fake reviews

(c) 2018, The Washington Post. SAN FRANCISCO - On Amazon, customer comments can help a product surge in popularity. The online retail giant says that more than 99 percent of its reviews are legitimate because they are written by real shoppers who aren’t paid for them. But a Washington Post...


Business

Apple's Shazam buy probed as EU targets music app's data

(c) 2018, Bloomberg. Apple’s takeover of music-identification service Shazam faces an extended European Union probe as antitrust regulators raised concerns that the iPhone maker could use the app’s data to lure customers to its own music service. The EU set a Sept. 4 deadline to investigate whether...


Business

Coffee, property, telcos: Elliott's European bets in focus

(c) 2018, Bloomberg. It’s going to be a busy week for billionaire Paul Singer’s Elliott Management Corp. as the spotlight turns on three of the activist hedge fund’s European investments. Hammerson, in which Elliott disclosed a stake on Friday, holds its annual general meeting on Tuesday, as does...


Business

Hasbro says worst damage from Toys 'R' Us collapse has passed

(c) 2018, Bloomberg. The demise of Toys “R” Us took a toll on Hasbro last quarter, but the toymaker says the worst is behind it. Hasbro posted declining sales in all business areas, after the world’s largest toy chain announced the liquidation of its operations in the U.S. and U.K. Hasbro’s shares...


Business

Court fight looms after Fresenius drops $4.3 billion Akorn deal

(c) 2018, Bloomberg. Fresenius and Akorn prepared to square off in court after the German company walked away from a planned $4.3 billion purchase and alleged that its jilted target misled the would-be acquirer during the due-diligence process. Shares of Akorn, a U.S. maker of generic drugs,...


‹ Newer Older ›
×