Estée Lauder’s Big Bet on China Is Looking Not So Pretty
Estée Lauder’s longtime chief, Fabrizio Freda, is under pressure to show he can turn around the beauty giant’s key China and U.S. businesses.
Apollo-Led Lenders Sell Yellow Loan to Citadel
The firm exited its loan investment after rival lenders offered better terms to finance Yellow’s liquidation.
U.S. Steel Takeover Talk Rattles Manufacturers
A deal for the American steelmaker could leave fewer options for steel used in cars, food cans and other products.
UAW Calls Out Slow Progress on Talks With Detroit Automakers
The union plans to hold a strike authorization vote next week with its labor contracts set to expire Sept. 14.
Why is Palo Alto Networks reporting earnings Friday afternoon? The strange timing draws speculation.
Wall Street wonders why the cybersecurity company decided to report earnings and hold its conference call after the close of markets on a Friday.
Cava Sees ‘Very Resilient Consumer’ as Revenue Beats Forecasts
The Mediterranean fast-casual restaurant chain reported financial results for the first time since it went public in June.
Movie Financier TSG Accuses Disney of Depriving It of Millions of Dollars
TSG Entertainment, which helped finance hits including “Avatar: The Way of Water” for Twentieth Century Fox, is suing the studio and its parent company Disney for alleged breach of contract.
Home Depot’s Inflation Pressures Ease
CEO Ted Decker says costs are improving as suppliers demand fewer price increases.
Nvidia and 2 Other Tech Stocks Have More to Gain From AI Boom: Analyst
Wall Street analysts are still underestimating how much the rise of artificial intelligence could boost revenue, according to New Street Research.
Money Manager TCW Shakes Up Bond-Investor Ranks
Laird Landmann and Steve Kane, two of the firm’s top bond investors, will leave.
Source: Dow Jones Newswires