Kohl’s appoints Walgreens marketing head COO
(Reuters) – Department store operator Kohl’s Corp appointed Walgreens Boots Alliance Inc Chief Marketing Officer Sona Chawla to the newly created position of chief operating officer.
Shrugging off Paris attacks, global shares and dollar rally
LONDON (Reuters) – Global shares gained convincingly on Tuesday, clawing back all the ground lost on the previous day as investors bet that Friday’s attacks on Paris would have little lasting impact on the world economy.
Exclusive: After market crash, China mulls single ‘super-regulator’ – sources
SHANGHAI/BEIJING (Reuters) – China is considering bringing together its banking, insurance and securities regulators into a single super-commission, sources told Reuters, following the summer’s stock market crash that was blamed in part on poor inter-a…
VW’s European car sales, market share slip after emissions scandal
MILAN (Reuters) – Volkswagen’s European sales and market share slipped in October, industry data showed on Tuesday, as the German carmaker’s emissions-cheating scandal began to take its toll at a time when the overall market continued to grow.
ITG chair to step down after activist pressure, SEC fine
NEW YORK (Reuters) – Investment Technology Group , which recently paid a record fine related to its “dark pool” trading venue, said on Monday the chair of its board, as well as a board director, would step down as the brokerage transitions to new leade…
Icahn exits eBay stake, opts for PayPal after spinoff
NEW YORK (Reuters) – Billionaire activist investor Carl Icahn swapped his entire equity stake in eBay Inc for the same number of shares in PayPal Holdings Inc in the third quarter, regulatory filings showed on Monday.
Investment banks’ revenue set to decline again in 2015: survey
LONDON (Reuters) – Revenue at the world’s 10 largest investment banks is on course to decline again in 2015 by two percent to $148 billion compared to a year ago, although a strong showing in equities will limit the fall, a survey on Tuesday showed.
Soros Fund Management exits its bet on Herbalife
NEW YORK (Reuters) – Soros Fund Management, one of the hedge funds industry’s most closely watched investors, exited its bet on Herbalife , the nutrition company that rival investor William Ackman has called a fraud.
U.S. investigative panel to look into drug pricing next year
WASHINGTON (Reuters) – A U.S. House of Representatives investigative panel said it plans to hold a 2016 hearing on skyrocketing drug costs, a move that comes at a time when Valeant Pharmaceuticals International is facing increased scrutiny into its pri…
Taco Bell to switch to cage-free eggs after 2016, ahead of rivals
LOS ANGELES (Reuters) – Taco Bell said on Monday its more than 6,000 U.S. fast-food restaurants would stop using eggs laid by caged hens by Jan. 1, 2017, years ahead of the deadlines set by its bigger rivals.
