Lululemon says its yoga pants not meant for thick thighs
(Reuters) – When the founder of athletic apparel business Lululemon said his products were wrong for certain body shapes, some customers were quick to take offense, creating a potential public relations headache for the highly successful company.
U.S. jobs market dodges blow from government shutdown
WASHINGTON (Reuters) – U.S. job growth unexpectedly accelerated in October as employers shrugged off a partial government shutdown, suggesting the economy was on firm footing and raising the prospect the Federal Reserve may soon decide to temper its bo…
British Airways must face flyers’ U.S. lawsuit over fuel surcharges
NEW YORK (Reuters) – A U.S. judge has rejected British Airways Plc’s bid to dismiss a lawsuit by frequent flyers who accused the carrier of imposing bogus fuel surcharges on rewards flights.
Boeing airplane chief urges union to consider new contract
NEW YORK (Reuters) – Boeing Co Commercial Airplanes Chief Executive Ray Conner on Friday urged machinist union members to consider a new labor contract that would help ensure Boeing builds its newest jet in the Seattle area.
Barrick Gold signals founder Peter Munk to step down
TORONTO (Reuters) – Barrick Gold Corp signaled on Friday that founder and Chairman Peter Munk is likely to step down from the board at next year’s annual meeting, a move sources pinned to concerns surrounding the gold miner’s recent $3 billion equity o…
Dow, S&P 500 end higher for fifth straight week; financials lead
NEW YORK (Reuters) – U.S. stocks rose on Friday, rebounding from the previous session’s selloff, after an unexpectedly strong payrolls report lent weight to views the world’s largest economy is stronger than previously thought.
Exclusive: BlackBerry board rejected proposals to break up company – sources
NEW YORK/TORONTO (Reuters) – BlackBerry Ltd’s board does not believe a break-up of the Canadian smartphone maker is currently in its best interests, even though Microsoft Corp, Apple Inc and Lenovo Group Ltd, among others, have expressed interest in ac…
Bernanke: need credible resolution authority for big banks
WASHINGTON (Reuters) – Regulators are fleshing out rules to ensure the orderly liquidation of big financial firms that get into trouble, Federal Reserve Chairman Ben Bernanke said on Friday, adding officials have the power to limit so-called ‘moral haz…
Twitter’s goal in IPO: to avoid becoming Facebook
(Reuters) – As Twitter Inc’s chief financial officer planned the company’s initial public offering this year, he had one overriding goal: to avoid becoming the next Facebook Inc.
Ten years to make GM Cadillac a global brand: new marketing chief
DETROIT (Reuters) – General Motors Co’s new Cadillac marketing chief believes it could take as long as a decade to build its reputation as a global luxury brand.
