Week to date, shares of VF Corp. (NYSE: VFC) were down 14% as of 12:30 p.m. ET on Friday, according to data provided by S&P Global Market Intelligence. Earlier this week, the company announced that CEO Steve Rendle was retiring and appointed director of the board Benno Dorer as interim president and CEO. The uncertainty around the change in leadership compounds the uncertainty for the company, which is already struggling to keep revenue growth up.
Ministers are braced for legal challenges to the Rwanda plan and the judiciary has made 25 courtrooms available to deal with cases.
The City of Baltimore has said that the owner and manager of the cargo ship that brought down the Francis Scott Key Bridge last month are directly responsible for the accident and should not be allowed to avoid legal liability. - U.S. Secretary of State Antony Blinken will arrive in China on Wednesday to try to preserve the recent and delicate stabilization of ties between the United States and China, as tensions over trade, territorial disputes and national security threaten to derail relations again. - The U.S. Senate voted on Tuesday night to give final approval to a $95.3 billion package of aid to Ukraine, Israel and Taiwan, sending it to President Biden.
A former Stockton Unified School District board president was denied the opportunity to appear remotely at the board of trustees's regular meeting on Tuesday, despite still being a board member, according to her attorney.
Asian stocks rose sharply on Wednesday led by tech stocks as investors' focus shifts to earnings from U.S. tech bellwethers this week, while the yen remained mired near 34-year lows, keeping traders wary of intervention from Japanese authorities. An after-hours surge in shares of EV maker Tesla following its promise of new models, and upbeat earnings from some U.S. companies lifted sentiment, spurring a rally in tech stocks across Asia, with Taiwan, South Korean and Japan's Nikkei leading the charge. MSCI's broadest index of Asia-Pacific shares outside Japan was 1.6% higher, having climbed 1% on Tuesday, as stocks rebounded from last week's steep selloff.
Denmark's Orsted, the world's biggest offshore wind farm developer, said on Wednesday a project in Taiwan that will provide power for chipmaker TSMC is progressing well and is on track for completion next year. Orsted said in March of last year it had made a final investment decision to go ahead with its planned 920 megawatt (MW) Greater Changhua 2b and 4 offshore wind farms, which will mostly supply Taiwan Semiconductor Manufacturing Co (TSMC), the world's largest contract chipmaker.
The app's owner, ByteDance, has nine months to sell its stake or face being blocked in the US.
Scandal-hit Toyota Motor subsidiary Daihatsu aims to fully resume developing vehicles by as early as the end of this year, the president of the compact carmaker told reporters, adding that he saw opportunities in South America and Africa. Daihatsu last year said it had rigged safety tests for some 88,000 small cars, most of them sold under the Toyota brand, with the scandal posing a reputational risk for Japan's largest automaker. New President Masahiro Inoue was dispatched from Toyota to turn Daihatsu around and put it on a path to growth.
Standoffs between pro-Palestinian student protesters and universities grew increasingly tense on both coasts Wednesday as hundreds encamped at Columbia University faced a deadline from the administration to clear out while dozens remained barricaded inside two buildings on a Northern California college campus. Both are part of intensifying demonstrations over Israel's war with Hamas by university students across the country, leading to dozens of arrests on charges of trespassing or disorderly conduct. Columbia's President Minouche Shafik in a statement Wednesday set a midnight deadline to reach an agreement with students to clear the encampment, or “we will consider alternative options.”
Mike Yastrzemski and the Giants defeat DJ Stewart and the Mets, 5-1
Julio Rodríguez and the Mariners defeat Adolis García and the Rangers, 4-0
The coming-of-age ceremonies of different Jewish traditions are explored in an insightful new BBC documentary. Plus: salvage diving in the bitter seas of Nova Scotia. Here’s what to watch this evening
The dollar nursed its wounds on Wednesday following big tumbles against the euro and sterling, but the yen remained mired near 34-year lows even as Japanese officials stepped up intervention warnings. The Australian dollar made the most of a weakened greenback as it rallied on the back of hotter-than-expected local consumer price data, leading markets to abandon hopes for any rate cuts from the Reserve Bank of Australia in the near-term. "The Australian dollar has benefited from a re-evaluation of the RBA's monetary policy path, but geopolitical risks remain."
One man wasn’t told that probes had been placed in the wrong place for nearly eight years.
Will Renner says his flock has been attacked three times in the last 10 days of lambing season.
Detectives and secret service agents investigating the stabbing of a bishop in a Sydney church executed search warrants in the city on Wednesday as part of a major operation, officials said. The Joint Counter-Terrorism Team, which incorporates federal and state police as well as the Australian Security Intelligence Organization, the nation’s main domestic spy agency, said in a statement there is no current threat to public safety. Australian Federal Police Commissioner Reece Kershaw said the operation was related to a knife attack in a Sydney church on April 15 in which an Assyrian Orthodox bishop and priest were injured.
We've been speaking to Londoners to find out how crime and violence is affecting their lives.
The report says life expectancy is below the average for England in some parts of Kent.
A city centre store stocking items from local entrepreneurs says it is bucking the High Street trend.
Thousands gathered for a torchlit procession in Yerevan on Tuesday to commemorate those Armenians killed in Ottoman Turkey more than a century ago.
The owner of the hotel and health club wants to turn the Edwardian mansion into 15 flats.
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