Luxury e-commerce company Farfetch has bought sneaker reseller Stadium Goods, in a $250 million deal that illustrates how high-end fashion and streetwear are finding a common audience. "A lot of high-fashion brands want to collaborate with sneaker brands now, and sneaker brands are relying increasingly on high-end shops," Farfetch founder and CEO Jose Neves said.
Procter & Gamble has acquired Walker & Co., a health-and-beauty business focused on serving minority groups. In this interview, founder Tristan Walker discusses his background, diversity in Silicon Valley and why he started a consumer goods business.
Culture plays an important role in how people learn, according to findings included in the National Academies of Sciences, Engineering and Medicine's update to its report "How People Learn II." In this interview, the study's director, Sujeeta Bhatt, shares other findings, including the importance of motivation in learning.
The number of enforcement actions the Securities and Exchange Commission brought against public companies and their subsidiaries shot up in the second half of fiscal 2018, according to a report from the New York University Pollack Center for Law & Business and Cornerstone Research. The SEC filed 55 cases in that period, compared with 71 for the year, the report said.
Whole Foods Market will open two locations of its price-focused 365 stores in the Atlanta market, the first for this banner in the area. The stores, to be located in Decatur and Buckhead, will feature limited-edition items called 365 Faves, as well as a Mexican restaurant.
A study in JAMA Internal Medicine analyzed 86,747 claims filed by type 2 diabetes patients not using insulin and found that 51,820 patients might be inappropriately using self-monitoring blood glucose supplies "[d]espite a lack of clinical evidence and being identified as a low-value service by the Choosing Wisely initiative." The unnecessary practice costs patients time, may cause worry and could mean millions of dollars spent without benefit, researchers said.
Hershey is expanding its classic "Bells" holiday TV campaign to social, allowing Instagram users to create and share their own Stories with Kisses Chocolates and a range of bell sounds. The "Heartwarming the World" campaign includes a dedicated site, digital video and Facebook and Instagram ads.
Pharmacy retailer CVS Health became one of the biggest health-care companies in the US with its $70 billion acquisition of health insurer Aetna. The retailer, which didn't even sell prescription drugs when it launched in 1963, grew over the decades largely through acquisitions of small and regional pharmacy chains.
Nintendo released "Super Smash Bros. Ultimate" in Japan on Friday, and three days later, it had sold 1.2 million copies. Early signs for the game and Nintendo's Switch console bode well for the company's holiday sales prospects.
Zhejiang Huahai Pharmaceutical received a warning letter from the FDA for issues related to impurity control, change control and cross-contamination from one manufacturing line to another. These issues are connected to nitrosamine impurities found in valsartan-containing medications, which the company supplies to Mylan.
The White House has issued a memorandum calling for reports and recommendations related to wireless technology, setting in motion a process intended to produce a national 5G connectivity strategy. At the same time, it made a blog post headlined "America Will Win the Global Race to 5G."
Apple will invest $1 billion to construct a 133-acre campus in Austin, Texas, that initially will support 5,000 new employees. The company also intends to build new sites in San Diego, Seattle and Culver City, Calif., and will add to its facilities in New York, Pittsburgh and Boulder, Colo.
Sen. Joe Manchin, D-W.Va., will take over as the ranking member of the Senate Energy and Natural Resources Committee when the new Congress convenes next month, replacing Sen. Maria Cantwell, D-Wash.
Delta Air Lines has launched a biometric international terminal at Georgia's Hartsfield-Jackson Atlanta International Airport, featuring facial-recognition technology at check-in, the security checkpoint, boarding and Customs.
United Airlines has begun selling basic economy tickets for its flights to Europe, making a European vacation accessible for more travelers. The fares include carry-on bags and the same meal service and entertainment offered to other main cabin passengers.