L Brands Inc., whose shares were already trading at seven-year lows, has disappointed investors yet again. The owner of retail banners Victoria's Secret and Bath & Body Works said first-quarter earnings would be at the lower end of its previous guidance range and that sales in Victoria's Secret's Pink
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Huawei is considering developing a mobile phone targeting blockchain-based applications, Bloomberg News reported in March. “From our leadership position in China, the tip of the spear of mobile payments, we expect to see massive growth in global cryptocurrency adoption habits in the near future,”
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The issues on goodwill accounting raised by Jonathan Ford in his article and Patrick Leblond in his response ( “Corporate goodwill should be valued sceptically,” May 9) arise from the belief that goodwill is an asset, albeit an intangible one, like intellectual property or software. If you start from that
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Host June Grasso features the best stories of the day from Bloomberg Radio, Bloomberg Television, and over 120 Bloomberg News bureaus around the world on Bloomberg Radio's Bloomberg Best. Some highlights include a look at U.S. economic policy with Goldman Sachs chief economist Jan
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NEW YORK (Reuters) – The dollar and U.S. government debt yields fell on Thursday while equity markets rallied after a modest rise in consumer prices in April eased concerns the Federal Reserve might raise interest rates more than expected this year.
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