Coach owner's Michael Kors deal creates US giant to take on European luxury rivals
By Aishwarya Venugopal (Reuters) -Coach parent Tapestry will buy Michael Kors owner Capri Holdings in a deal valued at $8.5
2023-08-11 00:45
Factbox-Major deals in global luxury market in the past decade
Coach parent Tapestry said on Thursday it will buy Michael Kors owner Capri Holdings in a deal valued
2023-08-10 21:49
Jamie Dimon, JPMorgan board defeat shareholders' Jeffrey Epstein lawsuit
By Jonathan Stempel NEW YORK A federal judge has dismissed a shareholder lawsuit accusing JPMorgan Chase Chief Executive
2023-08-10 08:17
South Korea household borrowing grows further, countermeasures eyed
SEOUL South Korea's household borrowing grew in July for a fourth straight month and by the biggest amount
2023-08-09 11:29
US household debt largely unchanged in Q2, credit card balances jump, NY Fed says
By Ann Saphir Americans borrowed more than ever on their credit cards in the last quarter, the New
2023-08-08 23:25
Americans' credit card debt hits a record $1 trillion
Americans' credit card debt levels have just notched a new, but undesirable, milestone: For the first time ever, they've surpassed $1 trillion, according to data released Tuesday by the Federal Reserve Bank of New York.
2023-08-08 23:22
Barrick beats quarterly profit estimates on higher gold prices
Barrick Gold Corp beat analysts' expectations for second-quarter profit on Tuesday, as the Canadian gold miner benefited from
2023-08-08 18:18
It's iced coffee season all year now
Cold drinks are hotter than ever.
2023-08-07 23:18
Hedge fund investors hunt credit, equity portfolios
NEW YORK Big investors, such as pension funds and insurance companies, are willing to increase their allocation to
2023-08-05 00:51
Nikola gets required shareholder votes for share increase proposal
SAN FRANCISCO Electric truck maker Nikola Corp said on Thursday it had garnered enough support for a proposal
2023-08-04 05:28
Apple's high-yield savings account hits over $10 billion in customer deposits
Apple’s high-yield savings account offered by its partner Goldman Sachs has reached over $10 billion in customer deposits,
2023-08-03 06:58
Defense firm Leidos raises annual revenue outlook on weapons demand
Leidos Holdings Inc on Tuesday raised its full-year revenue forecast as the defense contractor benefited from resilient weapons
2023-08-01 19:24