Men's Wearhouse parent co. Tailored Brands to lose CFO, cut corporate jobs, close up to 500 stores

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Men's Wearhouse parent co. Tailored Brands to lose CFO, cut corporate jobs, close up to 500 stores

Tailored Brands Inc. (NYSE: TLRD), the Houston-based parent company behind Men’s Wearhouse and Jos. A. Bank, will cut 20% of its corporate positions and close up to 500 stores, and a C-level executive is departing. Jack Calandra, CFO and executive …
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Italian officials raid local offices of Amazon and Apple for antitrust probe over sale of Beats headphones

Italian antitrust officials said they searched the local offices of Apple and Amazon Tuesday as part of an antitrust probe into whether the companies engaged in anti-competitive cooperation in the sale of Apple products and Beats headphones. The Italian …
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Bill Ackman's Pershing Square Tontine goes public 5.5% above its IPO price

Shares of Pershing Square Tontine Holdings Ltd. PSTH.UT, +5.50% , the “black check” company formed by billionaire hedge fund manager Bill Ackman, started trading Wednesday 5.5% above its initial public offering price. The special purpose acquisition …
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Ambitious designs for underwater 'space station' and habitat unveiled

Sixty feet beneath the surface of the Caribbean Sea, aquanaut Fabien Cousteau and industrial designer Yves Béhar are envisioning the world’s largest underwater research station and habitat. The pair have unveiled Fabien Cousteau’s Proteus, …
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FOREX-Euro approaches 2-year high; Aussie, Kiwi up as risk appetite rises

… * Markets largely shrug off U.S.-China tensions * U.S. coronavirus deaths continue to rise * Graphic: World FX rates in 2020 tmsnrt.rs/2RBWI5E (Recasts, adds new comment, FX table, updates prices, changes byline, dateline; previous LONDON) By …
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