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Embattled fashion house Burberry reveals massive overhaul sending shares to an all-time high

Shoppers walk past Burberry's Shanghai storeKevin Lee | Getty ImagesLONDON — Burberry is aiming to win back shoppers and boost waning sales by refocusing...

McDonald’s Quarter Pounder burgers to return to restaurants affected by E. coli outbreak

A double quarter pounder with cheese and fries arranged at a McDonald's restaurant in El Sobrante, California, US, on Wednesday, Oct. 23, 2024. David Paul...

Former Abercrombie CEO Mike Jeffries arrested in sex trafficking case

File: Mike Jeffries, then Abercrombie & Fitch CEO in 2005.Michael Loccisano | FilmMagic | Getty ImagesFormer Abercrombie & Fitch CEO Mike Jeffries was arrested...

H&M shares fall as much as 8% on profit miss and scrapped earnings margin target

The logo of Swedish clothing retailer H&M hangs over one of its stores on March 28, 2018 in Berlin, Germany.Sean Gallup | Getty Images...

British luxury icon Burberry dropped from UK’s FTSE 100 stock market index

LONDON, UNITED KINGDOM - 2020/07/16: Storefront of the Burberry store in the prestigious New Bond Street. (Photo by Dave Rushen/SOPA Images/LightRocket via Getty Images)Sopa...

Nokia brand owner launches Barbie phone for $130 — with no internet

The HMD Barbie phone is a co-branded product with Mattel, the toymaking giant behind the franchise.HMDHMD, the company behind Nokia-branded phones, launched a Barbie-branded...

Starbucks replaces CEO Laxman Narasimhan with Chipotle CEO Brian Niccol

Starbucks announced Tuesday it's replacing CEO Laxman Narasimhan with Chipotle CEO Brian Niccol, sending its stock soaring more than 20%, on pace for its...

McDonald’s earnings, revenue miss estimates as consumer pullback worsens

McDonald's on Monday reported quarterly earnings and revenue that missed analysts' expectations as same-store sales declined across every division."Industry traffic has declined in major markets like...

Britain sees low-alcohol beer sales boom during Euros soccer championship

People watch England play Spain in the Euro Cup final shown at the Pub on the Park in London Fields on the 14th of...

Concerns grow over gambling addiction in the military

Sinenkiy | Istock | Getty ImagesWhat was supposed to be entertainment, a way for servicemembers to relax, instead for Yeager grew into a disorder...

Concerns grow over gambling addiction in the military

In the wake of 9/11 on an American military base in South Korea, then-Army Staff Sergeant Dave Yeager sat down at a slot machine...

Beijing raises duty-free limit for mainland tourists in Hong Kong to HK$16,100

Beijing has raised the duty-free shopping allowance for mainland Chinese tourists visiting Hong Kong and Macau to up to HK$16,100 (US$2,100) per trip, with...

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