Old Navy Plans to Open 800 More Stores
Gap Inc.'s Old Navy brand plans to open hundreds of stores as it prepares to split from its parent company at a time when slower sales and online rivals are challenging many bricks-and-mortar chains.
Google Pays More than $1 Billion to Settle French Tax Cases
Google is paying more than $1 billion in fines and back taxes to settle a pair of tax disputes in France, where it has faced years of investigations into whether it has properly declared all of its activity in the country.
Kroger's Sales Rise after Digital Investments
Kroger Co. reported slightly higher sales in its latest quarter after recent investments in online ordering and other efforts to draw in new customers.
Big U.S. Investment Banks Crowd Into Aramco IPO
Global investment bankers launched the underwriting process for the listing of Saudi oil giant Aramco, a sign financiers who shunned the kingdom after the murder of journalist Jamal Khashoggi are turning the page.
Fox Names Lauren Petterson to Lead Business Network
Fox News Media said that Lauren Petterson is the new president of Fox Business Network.
Yahoo Japan Takes on Amazon, Rakuten With $3.7 Billion Deal
Yahoo Japan plans to take a 50.1% stake in Japanese online fashion retailer Zozo, while Zozo founder Yusaku Maezawa resigned as CEO to focus on personal ambitions, including traveling into space.
France Hardens Position Against Facebook's Libra Currency
Europe should block Facebook-backed digital currency Libra and create a public alternative, a senior French official said, staking out a hard line amid broader resistance to the idea from U.S. and international officials.
British American Tobacco to Cut Thousands of Jobs
The maker of Lucky Strike cigarettes will cut more than 20% of senior positions at the company as it seeks to boost the growth of new products amid declining traditional cigarette volumes.
Square Wants to Be a Bank But Doesn't Want to Be Taxed Like One
Square has lent billions to small businesses and consumers and applied for a banking license, but it says it isn't a financial company.
Bud Brewer Plans Slimmed-Down Listing in Hong Kong
Two months after calling off a blockbuster listing in Hong Kong, European beer giant Anheuser-Busch InBev started shopping a slimmed-down version of its Asia business and is hoping to pull off a deal in the coming weeks.