The Cut, the New York Magazine style and culture website with a devoted following, named Lindsay Peoples Wagner as its new editor in chief on Monday. Ms. Peoples Wagner, 30, will rejoin the publication after a two-year stint as the top editor of Teen Vogue, where she was the youngest editor in chief of a […]

Macy’s Inc. has named Nata Dvir chief merchandising officer of the Macy’s brand, effective Feb. 1. Dvir serves as Macy’s senior vice president and general business manager for beauty and center core merchandise. In her new role, Dvir will be responsible for leading Macy’s Merchandising, with oversight of all merchandising categories and private brands. She […]

LONDON – Harvey Nichols has promoted Manju Malhotra to the role of chief executive officer, and she will continue to report to Sir Dickson Poon, the chairman and owner of Harvey Nichols. Malhotra was most recently chief operating officer of Harvey Nichols. She has been with the luxury retailer since 1998 and held a number […]

The TUC has called for employers to offer furlough to all parents affected by school closures after “real difficulties” created by the latest government decisions. It comes after the government said last week that some schools would not reopen as planned on Monday, with a further U-turn over the weekend relating to London schools. The […]

(Reuters) – Ladbrokes owner Entain said on Monday that an $11 billion takeover approach from U.S. casino operator MGM Resorts significantly undervalued its business, as companies move to capitalise on an expected boom in U.S. sports betting.FILE PHOTO: The Circus Circus hotel and casino is seen along the Las Vegas strip after MGM Resorts International […]

SYDNEY (Reuters) – Asian shares resumed their ascent on Monday as investors pinned their hope on vaccines to eventually deliver a global economic upturn, even as a possible tightening in virus rules for Tokyo pulled Japanese stocks off 30-year highs.FILE PHOTO: Pedestrians wearing facial masks are reflected on an electric board showing stock prices outside […]

SYDNEY (Reuters) – Asian share markets hit pause on Monday as reports of a possible tightening in coronavirus emergency rules for Tokyo pulled Japanese stocks off 30-year highs, while also lifting the safe-haven yen.FILE PHOTO: Pedestrians wearing facial masks are reflected on an electric board showing stock prices outside a brokerage at a business district […]

WASHINGTON • A major avenue for global money laundering and tax evasion has been closed off by a new law requiring disclosure of owners of US shell companies used to hide billions of dollars. The Corporate Transparency Act was included in the US defence appropriations Bill passed into law by Congress last Friday, overriding President […]

SYDNEY (Reuters) – Asian share markets got the new year off to a solid start on Monday on expectations central banks will keep money super cheap while the rollout of coronavirus vaccines helps slowly revive the global economy.FILE PHOTO: Pedestrians wearing facial masks are reflected on an electric board showing stock prices outside a brokerage […]

REHOBOTH BEACH, Del. (AP) — President-elect Joe Biden’s choice to be treasury secretary, Janet Yellen, collected more than $7 million in speaking fees over the past two years from major financial firms and tech giants including Citigroup, Goldman Sachs and Google, according to disclosure forms filed as part of her nomination. Yellen’s was among three […]