Yogawear retailer Lululemon’s quarterly profit falls 12 pct
(Reuters) – Canadian yogawear retailer Lululemon Athletica Inc reported a 12 percent fall in third-quarter profit as costs soared.
Gloomy mood prevails despite calmer commodities
LONDON (Reuters) – Commodity prices caught a break from a bruising sell-off on Wednesday, helping to put global equities on a slightly steadier footing after a rough week driven by fears over global demand.
Wal-Mart’s China imports cost 400,000 U.S. jobs during 2001-2013: report
(Reuters) – Wal-Mart Stores Inc’s import of goods from China led to the loss of over 400,000 jobs in the United States between 2001 and 2013, according to a report from a U.S.-based non-profit think tank.
Stumptown in a K-Cup? Keurig deal brings margin opportunity
NEW YORK (Reuters) – Taking coffee maker Keurig Green Mountain Inc private will give JAB Holding Co an opportunity to press for higher margins and even increase prices for the single-serve K-Cups used in about 21 million U.S. homes, analysts and indust…
Yahoo will not spin off Alibaba stake, weighs core business sale: CNBC
SAN FRANCISCO/BENGALURU (Reuters) – Yahoo Inc is weighing a sale of its core Internet business and will not sell its stake in Chinese e-commerce firm Alibaba Group Holding Ltd , CNBC reported, with an announcement coming as soon Wednesday.
The North Face founder, Douglas Tompkins, dies in Chile kayak accident
SANTIAGO (Reuters) – U.S. environmentalist and businessman Douglas Tompkins, the founder of outdoor clothing and equipment company The North Face, died on Tuesday during a kayaking trip in Chile, local health officials said. He was 72.
Wall St. ends choppy session lower, weighed by China, oil
(Reuters) – U.S. stocks fell in a choppy session on Tuesday as lower oil prices pressured energy stocks for a fifth day and weak Chinese trade data reignited fears of a global slowdown.
GE to sell Hyundai Capital stake to Hyundai Motor Group, Fubon: report
SEOUL (Reuters) – General Electric Co will sell a 43 percent stake in unlisted Hyundai Capital to Hyundai Motor Group and Taiwan’s Fubon Group for up to 1.4 trillion won ($1.19 billion), the Korea Economic Daily reported on Wednesday, citing unnamed so…
Yahoo will not spin off Alibaba stake, weighs core business sale: CNBC
SAN FRANCISCO/BENGALURU (Reuters) – Yahoo Inc is weighing a sale of its core Internet business and will not sell its stake in Chinese e-commerce firm Alibaba Group Holding Ltd , CNBC reported, with an announcement as soon Wednesday.
U.S. lawmakers worry AB InBev beer deal will hurt craft brewers
WASHINGTON (Reuters) – Anheuser-Busch InBev , the world’s biggest brewer, faced tough questions on Tuesday from U.S. lawmakers unhappy over its plan to buy SABMiller due to concerns the deal will hurt the fast-growing U.S. craft beer industry.
