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Ford will offer early retirement incentives with hopes of cutting its US white-collar workforce by 1,400 more positions. Kumar Galhotra, the company’s president of the Americas, told employees about the offers Wednesday morning. The company says they’re part of an $11 billion restructuring plan that started more than a year ago. Most of the reductions …
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Lego’s sales boomed in the first half of the year as kids and adults alike used its trademark building blocks to help cope with the coronavirus pandemic, the toymaker said Wednesday. The Danish company reported a 14 percent spike in consumer sales for January through June amid worldwide lockdowns that shut families in their homes …
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Fall is around the corner, which means it’s time to stock up on jeans. Though sweatpants have become the go-to COVID-19 dress code, these tried-and-true celebrity-loved denim brands are nearly as comfortable and add a little extra style. And while it may be tempting to add more athleisure, leggings and sweat sets to your closet …
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Whether you’re looking to make your work-from-home setup more inviting, sneaking in a yoga session or simply trying to unwind after a long day, scented candles are an easy way to make being stuck in the house seem more luxurious. And when it comes to candles, there are few brands as beloved by the celebrity …
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At-home workouts and outdoor athletic activities are shaping up to be good business for Dick’s Sporting Goods. The retailer’s second-quarter results easily beat Wall Street’s expectations as consumers continue to focus on health and wellness while stuck at home amid the coronavirus pandemic. “During this pandemic, the importance of health and fitness has accelerated and …
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US home sales rose at a record pace for a second straight month in July and home prices hit a record as historically low interest rates boosted demand for homes even as the coronavirus pandemic put millions of people out of work. The National Association of Realtors said on Friday existing home sales rose 24.7 …
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An activist investor who shook up Harley-Davidson earlier this year said he is impressed with the changes initiated by new Chief Executive Jochen Zeitz to turn around the 117-year-old motorcycle company. Impala Asset Management, the $2.4 billion hedge fund, pushed for the ouster of Zeitz’s predecessor Matt Levatich in January. Months later, it tried to …
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The perfect red carpet look starts with the right underwear. For stars preparing to be photographed from all angles with high-def cameras, what’s underneath their clothes is just as important as the outfit itself. Luckily, Commando has been providing sleek and well-crafted skivvies for A-listers like Rihanna, Serena Williams, Bella Hadid, Kylie Jenner and more …
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The Nordstrom Anniversary Sale 2020 has finally arrived, and there’s plenty of chic finds to be had for royal style fans. From August 19 through August 30, you’ll save big on clothing for women, men and kids, along with home goods and beauty. And on the fashion front, now’s the time to score everything from …
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US retail sales recovered to pre-coronavirus levels last month as stores continued to do business despite the pandemic, but the rate of growth fell below expectations as COVID-19 infections surged and stimulus funds ran dry. Merchants raked in about $536 billion in July, up 1.2 percent from the prior month and roughly 1.6 percent above …