US Business News

American Apparel Names New Interim CEO, CFO

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American Apparel moved to shore up its senior management by appointing a new interim chief executive and replacing its chief financial officer.

Santander Names New U.K. CEO

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Santander has appointed Nathan Bostock as chief executive of its U.K. arm, replacing Ana Botin, who was recently promoted to executive chairman of the entire Spanish banking group.

Zalando Sets Issue Price Near Upper Range Before IPO

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Online retailer Zalando SE set an issue price near the upper end of its range Monday, valuing the company at around 5.3 billion euros ($6.7 billion) ahead of its listing in Frankfurt.

Toyota to Recall 690,000 Pickups

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Toyota Motor Co. will recall 690,000 pickup trucks while the NHTSA has begun a formal review into a complaint charging that 4.9 million SUVs, trucks and vans produced by Fiat Chrysler are susceptible to engine stalling and air bag failures.

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