Saks Fifth Avenue will close its fur salons and stop selling products made with animal fur by early 2023, part of a broader trend by U.S. department stores to stop selling such goods. The Saks fur salons will close by the end of this fiscal year, which
Michelin is intensifying efforts to make fuel cells as the French company bets that growing demand for hydrogen vehicles will help reduce its dependence on tires. Chief Executive Officer Florent Menegaux unveiled a growth strategy on Thursday including five main avenues for diversification. The tire maker expects to generate billions
KKR & Co. is leading a $500 million investment in Box Inc. in a deal that will see one of its representatives join the board of the cloud software company. The private equity firm said on Thursday it will receive preferred convertible stock in Box as a result of
New York is about to test a bedrock principle on Wall Street -- that higher taxes drive up the value of municipal bonds. Governor Andrew Cuomo and lawmakers struck a tentative deal Monday to raise taxes on some of the richest New Yorkers to the highest
Who is Julián Colombo? Julián is an economist and journalist and has spent +20years occupying Global Corporate roles and local Executive positions in banks all over the world. After having spent three years as Global Director of CRM & BI of Santander Bank (one of the
