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Investing

Customers sue sneaker company On over shoes that cause ‘noisy and embarrassing squeak’

Customers of the athletic shoe company On have filed a class action lawsuit alleging that some of the brand’s sneakers squeak embarrassingly…
Investing

Giorgio Armani group names longtime executive Giuseppe Marsocci as CEO

MILAN — Giorgio Armani has appointed deputy managing director Giuseppe Marsocci as chief executive with immediate effect, the Italian fashion house said…
Investing

LendingTree founder and CEO Doug Lebda dies in ATV accident

LendingTree CEO and founder Doug Lebda died in an all-terrain vehicle accident over the weekend, the online loaning platform said Monday. In…
Investing

UPS is ‘disposing of’ U.S.-bound packages over customs paperwork problems

Thousands of U.S.-bound packages shipped by UPS are trapped at hubs across the country, unable to clear the maze of new customs…
Investing

China outlines more controls on exports of rare earths and technology

HONG KONG — China outlined new curbs on exports of rare earths and related technologies on Thursday, extending controls over use of…
Investing

Paramount acquires Bari Weiss’ The Free Press, naming her the top editor of CBS News

The newly formed media corporation Paramount Skydance has acquired The Free Press, an online news and commentary outlet co-founded by Bari Weiss,…
Investing

YouTube to pay $24 million to settle Trump lawsuit

YouTube said Monday it would settle a lawsuit brought by President Donald Trump for more than $24 million, adding to a growing…
Investing

Nearly 200,000 BMWs recalled over potential fire risk

The owners of nearly 200,000 BMWs should park their vehicles outside because they risk catching fire while parked or being driven, the…
Investing

Charlie Javice sentenced to 7 years in prison for fraudulent $175M sale of aid startup

Charlie Javice, the founder of a startup company that sought to dramatically improve how students apply for financial aid, was sentenced Monday…
Investing

Video game maker Electronic Arts to be acquired for $52.5 billion

Electronic Arts, maker of video games like “Madden NFL,” “Battlefield,” and “The Sims,” is being acquired for $52.5 billion in what could…
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