US Business

Richemont said Nicolas Bos will replace Jerome Lambert as its CEO, tapping a company veteran who most recently led its French jewelry brand Van Cleef & Arpels as the luxury industry navigates a slowdown in spending.

Smaller European companies are embracing the U.S. as online sales help pinpoint the most promising locations for stores.

The June vote on the CEO’s 2018 pay package raises questions about what a board should do with a restless but valued leader.

It’s a $2 trillion company today. It wouldn’t exist without someone known as Irimajiri-san.

CEO Richard Dickson is trying to make the clothing company cool again—one hoodie at a time.

The videogame retailer filed to sell up to 45 million more shares after projecting quarterly sales to drop.

Workers at a Mercedes-Benz plant in Alabama voted against joining the United Auto Workers, hurting the union’s push to organize at many foreign-owned factories in the South.

Southeast Asian ride-hailing and delivery specialist Grab Holdings is using generative artificial intelligence to trim expenses and boost a cost-cutting drive in its continuing bid to achieve profitability.

Prosus and South African parent Naspers named Fabricio Bloisi as group CEO, replacing interim boss Ervin Tu, who will become president and chief investment officer.

In the U.S., more people shopped at Walmart and bought more products, but the average amount spent per visit was flat compared with the same quarter last year.