Les Wexner, Victoria's Secret Owner, Is in Talks to Step Down

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Les Wexner, Victoria's Secret Owner, Is in Talks to Step Down

Leslie H. Wexner, the longtime leader of a retail empire that includes Victoria’s Secret who is under scrutiny over his ties to the disgraced financier Jeffrey Epstein, has been in discussions to step aside as chief executive of the L Brands parent company, …
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Johnson & Johnson Joins the Hunt for a Coronavirus Vaccine

Biopharmaceutical giant Johnson & Johnson (NYSE: JNJ) is mobilizing dozens of scientists to research the genetic code of the Wuhan coronavirus in hopes of developing a vaccine that can stem its spread. If the company is successful on that front, it will be …
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MoviePass parent company files for bankruptcy

This isn’t the happy ending MoviePass was hoping for. The subscription trailblazer, along with its parent company Helios & Matheson Analytics, filed for Chapter 7 bankruptcy on Tuesday in New York. In its filing, Helios named 12,000 subscribers it may owe …
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Renault Alpine A110 Mid-Engine Sports Car Now Has a Rally Concept

Alpine’s mid-engine sports car, the A110, now has a rally concept variant called the SportsX that’s meant to pay homage to the A110’s rally success in the 1970s. It’s raised almost two and a half inches, is just over three inches wider, and looks ready to tackle …
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LVMH 4Q Growth Driven by Fashion Houses as Investor Focus Turns to Coronavirus — Earnings Review

By Cristina Roca. LVMH Moet Hennessy Louis Vuitton SE reported 2019 results on Tuesday after the Paris market closed. Here is what we watched: REVENUE REVIEW: The luxury-goods giant said revenue was 15.27 billion euros ($16.82 billion) for the last …
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