Ralph Lauren, the American designer announced on Tuesday that he will step down as chief executive officer of Ralph Lauren Corp., headquartered in the New York City.
Mr. Stefan Larsson, the Global President of Old Navy, Inc., a division of The Gap has been named to take over as a new CEO with effect from November.
Verizon takes up a Bold Digital Strategy Venturing into Content Production and Advertisement Platform
Verizon is no longer contented to be simply a wireless provider. With its wireless business reaching a flat terrain, the company is making new moves, reinventing itself. It is now venturing into new horizons with becoming a content producer and an ad platform too.
Multiple reports say that Altice, the Luxembourg-based telecom and Cable Company agreed to acquire Cablevision. The deal will value to $18 billionreportedly.
Most of times Amazon has made headlines with its good performance, drone delivery or new tactics to improve sales. But this time the company has come under scrutiny for a reason that will not be considered very pleasant by most. It's how the Seattle, Washington based online retailer handles its employees.
The world is busy discussing the Greek debt troubles and the ugly shape it is taking at every juncture, but something similar is about to happen when Puerto Rico officials say that they cannot pay their debt load and want to restructure or delay their $72 billion debt repayment.
Starting from Friday, JetBlue Airways Corp began the first direct charter flight between New York and Havana. It was the first U.S. carrier to fly in that route after Barack Obama, the U.S. President decided to make an effort to normalize relations with Cuba, the Caribbean island nation.