Lufthansa said it expects an improvement in its second-half operating result, with capacity seen at more than 95% of prepandemic levels in the third quarter, but cautioned that unit revenue will fall in the next three months.
The storied Hollywood company behind ‘The Godfather’ faces its biggest battle yet as Shari Redstone’s merger plans collide with shareholder fury and a CEO on the outs.
The entertainment giant will put in place an “Office of the CEO” through which three division heads will oversee the company.
Agency says four carriers sold access to customers’ location data to aggregators.
The Luxembourg-based and Hong Kong-listed cosmetics company said that the offer from L’Occitane Groupe, Geiger’s holding company, to buy the remaining shares would cost €1.7 billion.
Norfolk Southern leaders were dealt a heavy blow in their proxy fight with activist investor Ancora Holdings after proxy advisory firm Glass Lewis endorsed six of Ancora’s seven proposed board nominees.
