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Why a Zara Bet Big on the Maxi Dress This Summer
Business

Why a Zara Bet Big on the Maxi Dress This Summer

Fashion retailer arms managers with bevy of data, and authority to act on it, in bid to keep ahead of rivals Source link

Alphabet's Verily Plans Cost Cuts Amid Pressure on Other Bets to Rein In Spending
Business

Alphabet's Verily Plans Cost Cuts Amid Pressure on Other Bets to Rein In Spending

Google’s parent is focusing on turning companies that are developing ambitious technology into commercial successes. Source link

Texas Pipeline Firm Adds to Shale Holdings in $7.1 Billion Deal
Business

Texas Pipeline Firm Adds to Shale Holdings in $7.1 Billion Deal

Energy Transfer said the purchase of rival Crestwood Equity Partners would benefit its natural-gas and crude-oil businesses by adding storage and terminal assets. Source link

EV Startup VinFast's Stock Rally Pushes Value Higher Than GM, Ford
Business

EV Startup VinFast's Stock Rally Pushes Value Higher Than GM, Ford

Shares in the Vietnamese electric car company more than tripled in its first day of trading, giving it a roughly $86 billion market value. Source

Target Sales Are Punished by Pride Month Backlash
Business

Target Sales Are Punished by Pride Month Backlash

The retailer lowered profit goals for the year, and executives said they would modify the annual Pride Month promotion. Source link

Race to Control Electric-Vehicle Supply Chains Leads to Africa
Business

Race to Control Electric-Vehicle Supply Chains Leads to Africa

To bypass China, Western companies are investing in facilities to process battery metals in countries such as Tanzania, Mauritius and South Africa A lithium ore

Estée Lauder's Big Bet on China Is Looking Not So Pretty
Business

Estée Lauder's Big Bet on China Is Looking Not So Pretty

Estée Lauder’s longtime chief, Fabrizio Freda, is under pressure to show he can turn around the beauty giant’s key China and U.S. businesses. Source link

Jeffrey Epstein Advised Sergey Brin With Tax Shelter
Business

Jeffrey Epstein Advised Sergey Brin With Tax Shelter

Epstein was advising Google co-founder Sergey Brin in 2007 on setting up a tax-saving trust for his children, according to new court documents. Source link

Home Depot's Inflation Pressures Ease
Business

Home Depot's Inflation Pressures Ease

CEO Ted Decker says costs are improving as suppliers demand fewer price increases. Source link

U.S. Steel Takeover Talk Rattles Manufacturers
Business

U.S. Steel Takeover Talk Rattles Manufacturers

A deal for the American steelmaker could leave fewer options for steel used in cars, food cans and other products. Source link