ASOS sticks to full-year guidance despite 87% profit plunge

ASOS sticks to full-year guidance despite 87% profit plunge

British online fashion retailer ASOS on Wednesday reported an 87 percent drop in first-half pretax profit, hurt by poor trading in the run-up to Christmas and logistical hiccups as it entered the U.S. market. The company stuck to its guidance for sales, profit …
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Burger King's chopsticks ad is just the latest example of branding gone wrong

Burger King wanted to promote a burger inspired by Asian flavors. It learned that chopsticks weren’t the way to go. The fast-food chain’s video clip showed diners very awkwardly trying to eat its new Vietnamese Sweet Chilli Tendercrisp burgers with giant red …
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Carlos Ghosn, Once Nissan's Savior, Is Voted Off the Board

TOKYO — Nissan shareholders on Monday voted to remove Carlos Ghosn from the company’s board, severing one of its last ties to an executive who once was hailed as the automaker’s savior. Mr. Ghosn, Nissan’s longtime chairman who helped pull the …
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Salvini Says Bankers and Bureaucrats Made Europe a Nightmare

Italian Deputy Prime Minister Matteo Salvini lashed out at the European Union, saying the organization has betrayed its core principles and does more
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11 free burgers? Friends reportedly find a way to hack McDonald's self-checkout kiosk

Who wants free burgers? A hack that lets McDonald’s customers eat for free in Australia seems to have been revealed in a viral video. If it’s true, it’s not likely to work in the U.S. since the burger chain’s discounts vary by location. Two friends demonstrated the …
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