A real estate firm is helping the department store chain Neiman Marcus market its property in Friendship Heights in Washington, D.C., for a multi-year lease. But it’s unclear whether the store is closing. Neiman Marcus filed for bankruptcy on May 7 in the U.S. …
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Briggs & Stratton Corp. ‘s bankruptcy might be bad news for bondholders owed $195 million and even worse news for hundreds of retirees who are losing health benefits as the Covid-19 pandemic takes a deadly toll on the nation’s elderly. On Sunday, the day …
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Western brands including Hugo Boss, Ralph Lauren, Brooks Brothers and Lacoste have recently taken apparel shipments from a Chinese group whose subsidiary is facing US sanctions over alleged forced labour in Xinjiang. Shipping …
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Mike Santomassimo will start the role this fall. He was at New York-based BNY Mellon (NYSE: BK) for four years, including two-and-a-half years as CFO. Santomassimo also held top roles at New York’s JPMorgan Chase & Co. (NYSE: JPM), where he worked …
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(Reuters) – American International Group Inc will relocate its global headquarters in New York City, moving out of the financial district after more than three decades, the U.S. insurer said on Tuesday. The company will move its headquarters to 1271 Avenue of …
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