The US government has initiated an investigation of China, seeking to determine whether policies and practices of the Government of China are unreasonable or discriminatory and burden or restrict US commerce.
American Eagle Outfitters reported a surprise rise in comparable sales for the second straight quarter and posted better-than-expected quarterly sales and profit helped by strong demand for its Aerie line of lingerie.
Wal-Mart Stores Inc is teaming up with Alphabet Inc's Google to enter the nascent voice-shopping market, currently dominated by Amazon.com Inc, adding another front to Wal-Mart's battle with the online megastore.
The Laura Ashley headlines may have screamed 70% profits plunge but the news wasn't truly as bad as that. And with a renewed focus on fashion, expansion in India and e-tail growth, it's upbeat, despite big challenges.