Investment firm 3G Capital has offered $63 per Skechers share in cash, the footwear brand said on Monday.
Read More Skechers to be taken private for $9.42 billion in biggest footwear industry deal
Category: Business
Kohl’s fires new CEO for personal relationship with a vendor
Kohl’s said it had fired CEO Ashley Buchanan after little more than 100 days in the CEO job.
Read More Kohl’s fires new CEO for personal relationship with a vendor
Nasdaq leads gains on Wall Street as Microsoft, Meta surge
Wall Street’s main indexes advanced on Thursday as strong quarterly results from heavyweights Microsoft and Meta pointed to a resilient outlook for the technology sector.
Read More Nasdaq leads gains on Wall Street as Microsoft, Meta surge
US job openings fall in March; layoffs decline
U.S. job openings dropped sharply in March, but a decline in layoffs suggested that the labor market remained on solid footing.
Read More US job openings fall in March; layoffs decline
Corporate America boosts security spending after UnitedHealth murder, filings show
U.S. corporations’ security spending is set to rise further in 2025 as more companies see heightened threats to their top brass.
Read More Corporate America boosts security spending after UnitedHealth murder, filings show
Ozempic copies restricted after US judge denies injunction
A U.S. judge rejected a bid by compounding pharmacies to keep making copies of Novo Nordisk’s popular drugs Ozempic and Wegovy while a legal challenge over drug shortages unfolds.
Read More Ozempic copies restricted after US judge denies injunction