business news

Donald Trump to speak at private CEOs meeting, weeks after conviction

Former President Donald Trump will attend a private meeting with one of the most powerful business lobbying groups in Washington…

FTC prepares to sue largest U.S. alcohol distributor, alleging ‘secret kickbacks’

The Federal Trade Commission is preparing an antitrust lawsuit against the largest U.S. alcohol distributor, Southern Glazer’s Wine and Spirits,…

Manhattan DA opposes Trump bid to lift gag order after hush money conviction

New York prosecutors on Tuesday told a judge they oppose a request by former President Donald Trump to lift the…

U.S. appeals court rejects SEC oversight rule for private equity, hedge funds

A U.S. appeals court rejected a Securities and Exchange Commission rule intended to give investors more transparency into private funds,…

Sternlicht defends gating Starwood REIT withdrawals, hopes it will be a ‘6-month thing’ as rates fall

Barry Sternlicht, Starwood Capital Group chairman and CEO, defended his decision to cap how much money investors could pull from…

Alphabet taps Eli Lilly’s Anat Ashkenazi as new CFO

Eli Lilly Chief Financial Officer Anat Ashkenazi will become Alphabet’s new CFO effective July 31, Google’s parent company saidTuesday, almost…

Hanesbrands to sell Champion brand to Authentic Brands in $1.2 billion deal

Hanesbrands agreed to sell its global Champion business to Authentic Brands Group in a transaction valued at $1.2 billion, including…

Private payrolls growth slows to 152,000 in May, much less than expected, ADP says

Private job creation slowed more than expected in May, according to a report Wednesday from ADP that signals further sluggishness…