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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 company whose towering stilettos have been made famous by celebrity customers from Princess Diana to Kendall Jenner.

Recent Business News

Activist investor Sandell presses for Barnes & Noble sale: WSJ

Activist investor Sandell Asset Management Corp wants Barnes & Noble to try to sell itself again, saying the bookstore chain will benefit from a new owner, the Wall Street Journal reported on Monday.

Jul 24 2017

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.

6:46am EDT

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

PARIS Uber and insurance group AXA have joined forces in France to offer accident cover for drivers who work for the ride hailing service after it faced criticism over their treatment.

Tech, France 7:16am EDT

Brushing off bank worries, HNA taps Goldman for unit Pactera'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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