Armani sales up 18% in Q1 as Asia rebounds, U.S. faces slowdown
(Reuters) – Italy’s Armani Group said on Thursday its sales jumped 18% in the first quarter thanks to a rebound…
Orders surge for trans designer after Target pulls products
(Reuters) – Transgender designer Erik Carnell has seen a surge in demand for his pins, prints, stickers and T-shirts after…
Electric truck maker Nikola receives delisting notice
(Reuters) – Nikola Corp said on Thursday Nasdaq gave the electric truck maker a delisting notice for not meeting its…
Wells Fargo bullish on Mobileye’s strategy and positioning
Wells Fargo analysts initiated Mobileye (NASDAQ:MBLY) at Overweight with a $50 price target in a note to clients Thursday. They…
TD’s failed First Horizon purchase derails medium-term profit targets
(Reuters) – TD said it would not be able to meet its earnings growth target after its failed acquisition of…
Chanel flags weaker U.S. sales, sees pickup in China
(Reuters) – Chanel sales in the United States, one of the luxury label’s top three markets, have slowed to a…
OpenAI’s Sam Altman raises $115 million for Worldcoin crypto project
(Reuters) – OpenAI Chief Executive Sam Altman has raised $115 million in a Series C funding round led by Blockchain…
Factbox-The Chinese groups accused of hacking Microsoft, the U.S. and others
(Reuters) – Chinese hacking teams have been blamed by Western intelligence agencies and cybersecurity groups for digital intrusion campaigns across…
Stocks in debt ceiling danger zone after U.S. rating warnings
(Reuters) – Markets were stuck in debt ceiling limbo on Thursday, while Europe largely shrugged off news that its biggest…
Ralph Lauren posts surprise rise in quarterly sales on steady demand
(Reuters) – Ralph Lauren Corp reported a surprise rise in fourth-quarter revenue and easily beat profit estimates on Thursday, as…