Author name: fwadmin

H&M won’t hit a key profitability target this year but said sales momentum picked up through July and August before accelerating further in September.

From restarting expansion plans to boosting marketing, some entrepreneurs are preparing for lower borrowing costs. Others say not so fast.

The German lender said it planned to improve its profitability and boost shareholder returns as it grapples with a possible takeover attempt by Italy’s UniCredit.

The antitrust trial over Kors’s proposed merger with Coach-owner Tapestry shows how far the handbag maker has fallen.

The airline’s first flights with assigned seats are scheduled to take off in 2026, among a series of radical changes Southwest is making to its model.

There are multiple federal investigations into New York City Mayor Eric Adams, members of his administration, and people connected to the Democrat.

OpenAI’s board is considering plans to restructure the firm to a for-profit business. CTO Mira Murati and two top research execs said they are leaving.