What did retailers want for Christmas? Apparently, new Chief Financial Officers. Neiman Marcus Group Inc. is on the hunt for a new CFO. So are Kohl's Corp., Coach Inc. and Nordstrom Inc. Whole Foods Market Inc.'s CFO of 29 years - and the longest-serving female CFO in the Fortune 500 - will be leaving in 2017.
Asos Plc, Britain's largest online-only fashion retailer, plans to double its U.K. manufacturing as the pound's post-Brexit plunge makes domestic production more affordable.
On the surface, the European airline industry doesn't look much changed from 20 years ago: National flag carriers such as Air France, British Airways, Iberia, KLM and Lufthansa dominate a handful of giant hub airports. Dig a bit deeper, and you'll see that the market has shifted in a big way. Over the past decade or so, 10 legacy airlines across the region have combined into three huge groups, a consolidation that makes the market look a lot like the U.S.
The heads of Bank of America Corp., American Electric Power Co., Coca-Cola Co. and 24 more large global companies have pledged to boost the number of women in their top ranks to parity with men by 2030.
The factory to the world has a new export: inflation. And it's shipping faster than many thought possible just a few months ago. China's weakening yuan, stimulus designed to ensure robust growth ahead of a crucial Communist Party Congress next year, and rebounding commodity prices are pushing up factory prices.
China's investment is transforming its smaller Southeast Asian neighbors like never before while helping turn Cambodia, Laos and Myanmar into bigger destinations for its exports.China's investment is transforming its smaller Southeast Asian neighbors like never before while helping turn Cambodia, Laos and Myanmar into bigger destinations for its exports.
Mondelez International Inc., trying to adapt as more shoppers buy food outside of traditional grocery stores, is diving deeper into online retail with a holiday-season website that is selling tins of Oreos directly to consumers.
Conflict diamonds from the Central African Republic are crossing into neighboring Cameroon and the legal supply chain because of corruption, smuggling and poor controls, Partnership Africa Canada said.
Wu Haishan was at Princeton studying how schools of fish swim together when the crowd behavior of a much bigger group grabbed his attention: his 1.35 billion fellow Chinese. It was Lunar New Year back home in 2014, and Baidu, operator of the country's biggest search engine, had created an animation showing all the trips the Chinese had made during the holiday, which demographers say is the largest annual human migration anywhere. Wu, who'd seen the animation, soon joined Baidu as a data scientist in Beijing. With the company's vast amounts of user location information, he's come up with ingenious ways to measure economic activity.
The Bank of England is searching for a potential solution to the use of animal fat in its new polymer banknote after recent controversy. Innovia, the printer of the five-pound bill, "is now working intensively with its supply chain and will keep the bank informed on progress towards potential solutions," the central bank said in a statement.