(Reuters) – Cigarette maker Imperial Brands Plc (IMB.L) on Monday appointed Stefan Bomhard as its chief executive officer, replacing Alison Cooper, as the industry faces a regulatory backlash against e-cigarettes and declining tobacco sales. Bomhard will join ... More »
(Reuters) – BlackRock Inc’s (BLK.N) new private equity fund Long Term Private Capital (LTPC) has completed its maiden investment, taking up an $875 million stake in Authentic Brands Group LLC, making it the largest investor in the U.S.-based entertainment comp... More »
LOS ANGELES Consumer groups will deliver a petition from more than 350,000 people to the KFC restaurant chain on Wednesday, calling on the Yum Brands Inc unit (YUM.N) to stop the routine use of antibiotics by the companies that supply its chicken. Several fast... More »
Amazon.com Inc will launch new lines of its private-label brands in the coming weeks, the Wall Street Journal reported, citing people familiar with the matter. The new brands with names like Happy Belly, Wickedly Prime and Mama Bear will include nuts, spices, ... More »
Sears Holdings Corp (SHLD.O) named a former Johnson & Johnson (JNJ.N) executive to a new position as president of “hardlines” as the struggling retailer tries to stem the declining market positions of the Kenmore, Diehard and Craftsman brands. The new executiv... More »
