Dozens of U.S. and Canadian cities submitted proposals by the Oct. 19 deadline to host Amazon.com Inc’s second headquarters, which carries the promise of up to 50,000 high-paying jobs and $5 billion worth of investment.
Procter & Gamble disappointed with sales on Friday, hurt by continuing weakness in its Gillette business, a week after it claimed to have fought off hedge-fund manager Nelson Peltz’s move to muscle onto the board.
L‘Oreal Chief Executive Jean-Paul Agon said on Friday he did not foresee changes in the shareholding structure of the French cosmetics group following the death of major shareholder Lillian Bettencourt last month.
The world's biggest cosmetics company said on Friday it was launching a programme of start-up collaborations in Paris as it ramps up digital investments and seeks out new beauty products like its "smart" hairbrushes.
The Italian eyewear company moved its headquarters from Parsippany, NJ, its home of 20 years, to Secaucus, NJ. The new office will work in tandem with the company's Fifth Avenue Global Design Studio and Showroom.
The brand messaging platform will put its latest investment toward expanding its product, sales and customer support teams and to opening a new office to service the Europe, Asia and Middle East markets.