business

The company could slash more than 10% of its home-market workforce as it seeks to lower costs and boost competitiveness. Source link

The group, which alongside star jewelers Cartier and Van Cleef & Arpels houses high-end watchmakers like Vacheron Constantin and fashion brands including Chloe, booked sales growth of 11%. Source link

Another quarter of record earnings puts the world’s largest contract chip maker in a strong position to increase capacity to meet unrelenting demand. Source link

Putting Saks and Neiman Marcus together was supposed to create a luxury powerhouse. Just over a year later, unpaid debts triggered its bankruptcy. Source link

Federal investigators are reviewing how Boeing responded to past failures of certain components on its McDonnell Douglas aircraft. Source link

The company said it entered into a new funding commitment agreement — which will allow it to close a deal to go private — after its previous funding fell through. Source link

The deal will combine two of the most prominent publicly traded avocado producers. Source link

Find insight on Rivian Automotive, Delta Air Lines, BYD and more in the latest Market Talks covering Auto and Transport. Source link

Dennis Cinelli will be tasked with overseeing Paramount’s global financial functions, including accounting, tax and investor relations. Source link