Mattel executives said the company has been taking concrete steps to improve ties with retailers and partners, as well as develop a better lineup of new toys.
Oil prices rallied, rebounding from a 13-year low reached the previous day, on speculation of production cuts among some of the world’s biggest suppliers.
L Brands Inc. said Friday that Victoria’s Secret Chief Executive Sharen Turney would resign and her responsibilities would be taken over by L Brands CEO Leslie Wexner.
Rolls-Royce has slashed its full-year dividend 39%, the first cut in its shareholder payment since 1992, though investors embraced the lack of further bad news prompting shares to rise more than 12%.
Investors comfortable with the volume car industry’s troubling economics could do worse than buy into Renault’s ongoing recovery.
While current U.S. economic data show no recession, market turmoil speaks to deeper problems and could spark a recession, writes WSJ chief economics commentator Greg Ip.
The eurozone economy made progress last year. But growth was modest despite a multitude of tailwinds that have now lessened.
A gusher of oil at Cushing, the delivery point for the U.S. benchmark crude-futures contract, has put extreme pressure on prices this week.
Mitsubishi UFJ Financial Group, Japan’s biggest bank, has a big enough cushion to survive market shocks.
Amazon’s $5 billion stock-buyback program may not be such a positive thing for investors.