Kohl's Urged to Consider Sale by Activist Investor

Activist Engine Capital sent a letter also pressing the department-store chain to consider a separation of its e-commerce business.

 
Alibaba Reshuffles E-Commerce Teams Amid Competition, Slowing Growth

Alibaba said it would reorganize its e-commerce teams and appointed a new chief financial officer, as the tech giant faces increasing competition in China, slowing growth and a plummeting stock price.

 
China Evergrande Shares Fall on Bond Default Warning

China Evergrande Group's shares fell following the property developer's warning of possible cross-defaults on its dollar bonds after it was asked to repay a $260 million debt obligation.

 
Nvidia's Deal Setback Eased by Soaring Chip Demand

The FTC has sued to block Nvidia's proposed takeover of Arm Holdings. But analysts say exploding growth in semiconductor demand is expected to ease the setback facing the chip maker if it can't complete the deal.

 
Italian Billionaires, Fondazione CRT Raise Stake in Generali

Two Italian billionaires together with banking foundation Fondazione CRT have taken their overall stake in Generali to more than 15%, as the parties push for more profitable and effective management.

 
Cruise Pricing Risks Sailing Off the Deep End

Cruise pricing has never been a better deal for consumers in some cases. But cruise companies can't afford for that dynamic to last.

 
CNN President Jeff Zucker Protected Chris Cuomo. Then Came a U-Turn.

The network boss fired the star anchor on Saturday, leaving a hole in the channel's prime-time lineup.

 
California Dairy Farmers Struggle to Stay in the 'Got Milk' State

Recurring droughts add to challenges in the nation's top milk producer, causing farmers to move, close or turn to growing crops. "We're scared to death we'll have one more dry year."

 
Spotify Removes Some Comedians' Work From Streaming Service

A push for royalty payments on comedic material has sidelined the work of Jim Gaffigan, John Mulaney and hundreds of other comedians on Spotify.

 
Noodles Restaurant Chain Bets on Costlier Cheesy Pasta

Colorado-based Noodles & Co. and other U.S. restaurant chains are weighing consumers' willingness to spend more on food as prices for goods rise.

(END) Dow Jones Newswires

December 06, 2021 03:15 ET (08:15 GMT)

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