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Sales Slow at Louis Vuitton's Owner as China Sputters
LVMH Moët Hennessy Louis Vuitton, the world’s biggest luxury-goods company, struggled to lure big-spending Chinese consumers back to its boutiques after the end of China’s
U.S. Cellular Owner Explores Sale
The regional wireless carrier’s controlling shareholder says it is exploring strategic options for a business left behind by telecom’s consolidation wave. Source link
Maaco, Meineke Owner Is Hit By Rising Car-Wash Competition
Driven Brands entered the car-wash business line in 2020, and it is now its third-largest segment by revenue. Source link
Benihana’s owner explores sale of restaurant chain-sources By Reuters
© Shutterstock By Abigail Summerville NEW YORK (Reuters) – The private equity owner of Benihana Inc is exploring a sale that could value the U.S.
Parler Set to Be Shut Down Temporarily by New Owner
Social network popular with conservatives will be sold for an undisclosed amount and overhauled for a relaunch. Source link
Houston Apartment Owner Loses 3,200 Units to Foreclosure
The U.S. multifamily housing sector is feeling the heat as interest rates rise and rent growth slows. Source link
Big Hospital Property Owner Expects Earnings Hit
Medical Properties Trust expects to take a roughly $300 million charge tied to a deal involving some of its holdings. Source link
Air India’s plans to modernise under new owner Tata By Reuters
© Reuters. FILE PHOTO: A bird flies over a logo of Air India airlines at the corporate headquarters in Mumbai, India, October 19, 2021. REUTERS/Francis
Facebook owner Meta planning lower bonus payouts for some employees- WSJ By Reuters
© Reuters. FILE PHOTO: The logo of Meta Platforms’ business group is seen in Brussels, Belgium December 6, 2022. REUTERS/Yves Herman/ (Reuters) -Facebook owner Meta