Wells Fargo is exploring a sale of its asset management business, in what would be the bank’s biggest shake-up since former Bank of New York Mellon chief executive Charles Scharf joined as CEO last year, people familiar with the matter said.
The…
Barbie is getting a big boost from the coronavirus pandemic.
Sales of the iconic, 62-year-old doll surged 29 percent in the most recent quarter, notching their best performance in at least two decades, according to Mattel.
The El Segundo, Calif.-based toy giant…
The pandemic has just sunk another beloved Big Apple hot spot.
Brooklyn Roasting Company, known for its colorful logo and flavorful coffee, filed for bankruptcy protection on Thursday and said it’s planning to permanently close its remaining retail locations at 50 W.…
L’Oreal, the French company behind Lancome and Maybelline cosmetics, said Thursday it was back to revenue growth in the third quarter thanks to strong demand in China and booming online sales.
Like companies in the luxury goods sector, L’Oreal was hit hard…