Bottega Veneta Names Global Communications Director

STEPPING IN: Bottega Veneta has a new global communications director in Caroline Deroche Pasquier. She quietly joined the Milan-based fashion house in October and will shuttle between that Italian city and London, where Bottega creative director Daniel Lee has a design studio. A seasoned communications executive, Deroche Pasquier was most recently chief marketing officer at Stella McCartney in London, and […]

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Vaccine optimism propels Nasdaq to record high

(Reuters) – The Nasdaq Composite hit an all-time high on Thursday as investors stayed focused on a COVID-19 vaccine and looked beyond bleak economic data, while Boeing Co lifted the Dow Jones Industrial Average.FILE PHOTO: The front facade of the New York Stock Exchange (NYSE) is seen in New York, U.S., November 24, 2020. REUTERS/Brendan McDermid/File PhotoThe S&P 500 bounced […]

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S&P 500 opens flat as vaccine cheer offsets high jobless claims

FILE PHOTO: The front facade of the New York Stock Exchange (NYSE) is seen in New York, U.S., November 24, 2020. REUTERS/Brendan McDermid/File Photo(Reuters) – The S&P 500 opened largely flat on Thursday as hopes of a swift COVID-19 vaccine-driven recovery and economic stimulus countered worries about rising coronavirus cases and high unemployment. The S&P 500 opened lower by just […]

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Lands’ End Gains in Third Quarter

Lands’ End, showing momentum despite the tough economic climate, doubled its net income in the third quarter to $7.2 million, or $0.22 per diluted share, compared to net income of $3.6 million, or $0.11 a share, in the year-ago quarter. The classic all-American brand said Thursday that its net revenue for the quarter ended Oct. 30 increased 5.9 percent to […]

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S&P futures flat ahead of jobless claims, service sector data

(Reuters) – Futures tied to the S&P 500 stalled near all-time highs on Thursday ahead of weekly jobless claims data and surveys on the services sector, which accounts for more than two-thirds of the U.S. economy.FILE PHOTO: The front facade of the New York Stock Exchange (NYSE) is seen in New York, U.S., November 24, 2020. REUTERS/Brendan McDermid/File PhotoThe labor […]

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A Covid-Free Cruise Takes Planning, but the Strip Show Goes On

ABOARD THE WORLD DREAM, IN THE STRAIT OF MALACCA — The drinks were virgin and the distancing was social when the Dream Boys strippers stormed the stage. Masks at poolside were mandatory. Hand sanitizer stations stood within easy reach of the slot machines. And in a vision of the future of the global cruise industry, passengers aboard the World Dream […]

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Chinese Companies to Face More Scrutiny as Bill Clears House

WASHINGTON — The House of Representatives passed legislation Wednesday that will increase oversight of Chinese companies listed on American stock markets, the latest attempt by the United States to scrutinize financial ties with China. The bill, called the Holding Foreign Companies Accountable Act, would require companies listed on American exchanges to disclose more information about any ties to foreign governments […]

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