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Michael Kors to buy luxury shoemaker Jimmy Choo for $1.2 billion

LONDON U.S. retailer Michael Kors has agreed to buy luxury shoemaker Jimmy Choo for $1.2 billion, snapping up a British brand launched in the east end of London and made famous by celebrity fans including Princess Diana.

Recent Business News

Prospect of Trump tariff casts pall over U.S. solar industry

LOS ANGELES U.S. solar companies are snapping up cheap imported solar panels ahead of a trade decision by the Trump administration that could drive up costs and cloud the fortunes of one of the economy's brightest stars.

6:04am EDT

Citigroup hosts investors for first time since the financial crisis

NEW YORK For the first time since receiving three government bailouts during the 2007-2009 financial crisis, Citigroup Inc on Tuesday is holding a day-long conference for investors, marking another step in the recovery of what was once the biggest U.S. bank.

1:22am EDT

Uber ties up with AXA for workers' accident cover in France

PARIS Uber and insurance group AXA on Tuesday announced a partnership to offer accident cover for drivers who work for the ride hailing service in France.

3:18am EDT

'Pharma bro' Shkreli says he will not testify in securities fraud trial

Martin Shkreli, the pharmaceutical entrepreneur vilified as the "pharma bro" for raising the price of a life-saving drug by 5,000 percent, said on Monday in federal court that he would not testify in his securities fraud trial.

Jul 24 2017

China's HNA taps Goldman for planned Pactera U.S. IPO: sources

HONG KONG HNA Group, the Chinese airline-to-banking conglomerate, has tapped investment bank Goldman Sachs to list Pactera, the Beijing-based IT outsourcing firm it bought from private equity firm Blackstone, sources familiar with the matter said.

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Monetizing the Dallas Cowboys brand

Dallas Cowboys Chief Operating Officer Stephen Jones talks about maximizing the value of his team.   Full Article 

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