Shares of Lululemon soar as its deft moves into menswear challenge Nike, Adidas

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Shares of yoga-pants specialists Lululemon Athletica Inc surged 20 percent on Thursday, with several Wall Street analysts raising their price targets for the company after a blockbuster fourth ... Suite

PVH to exit high-end Calvin Klein label

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Apparel maker PVH Corp said on Thursday it would exit the high-end collection of Calvin Klein and shut the label's flagship store in New York's Madison Avenue. ... Suite

Wall Street opens higher, U.S.-China trade talks in focus

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U.S. stocks opened higher on Thursday, helped by gains in technology and consumer discretionary companies, while investors awaited more details on the progress in U.S.-China trade talks. ... Suite

VW, Ford to develop pickup truck, continue talks on autonomous driving

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Volkswagen has signed a deal to develop a pickup truck with U.S. rival Ford and continues discussions about extending its alliance to include autonomous driving and mobility services, the German ... Suite

U.S. fourth-quarter growth cut; corporate profits fall

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The U.S. economy slowed more than initially thought in the fourth quarter, keeping growth in 2018 below the Trump administration's 3 percent annual target, and corporate profits fell by the most in a ... Suite

Swedish minister ‘outraged’ over Swedbank handling of money laundering allegations

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Sweden's financial markets minister on Thursday expressed outrage over how Swedbank had handled money laundering allegations against it, saying separately it could put confidence in the financial ... Suite

U.S. fourth-quarter GDP revised down; profits weak

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- The U.S. economy slowed more than initially thought in the fourth quarter, keeping growth in 2018 below the Trump administration's 3 percent annual target, and corporate profits failed to rise for ... Suite

Futures muted with U.S.-China trade negotiations in focus

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U.S. stock index futures treaded water on Thursday, as investors awaited more details on the progress in U.S.-China trade negotiations amid lingering fears of slowing economic growth. ... Suite