Richemont appointed new chief executives for its heavyweight brands Cartier and Van Cleef & Arpels, reshuffling its core jewelry division following recent management shifts at the helm of the Swiss luxury group.
Tesla’s vehicle sales slid for a second straight quarter but not as much as expected, lifting the company’s stock price and keeping Tesla the world’s largest seller of electric vehicles.
The regulator alleges the acquisition of Mattress Firm would provide Tempur Sealy with the ability and incentive to suppress competition and raise prices for mattresses for millions of consumers.
The deal, which is valued at $6.65 a share, is a 28% premium from Infinera’s stock price at the close of trading on Wednesday.
Runners say the sneaker giant has stepped back from the community, opening the door for Hoka, New Balance and others.
Shares of the pharmacy chain plummeted 25% after The Wall Street Journal reported the CEO’s plans and the company lowered its guidance for the full year.
