Gucci owner sells beauty unit to L'Oreal
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If the franchisees aren’t profitable, nothing else matters. Unit-level economics—the revenue, costs and margins of each location—are the foundation on which every growth strategy is built. They dictate how fast you can scale, how well you can attract new franchisees and, ultimately, what valuation you command when you decide to sell.
The China unit said it had sent the memo to employees to clarify a “confusing” email sent the previous day from Nexperia’s Dutch headquarters. It also told staff that operations were “completely normal” and that they would continue to be paid.
Amazon's cloud services unit AWS was recovering on Monday from a widespread outage that knocked out thousands of websites along with some of the world's most popular apps — including Snapchat and Reddit — and disrupted businesses globally.
The goal is to work with local, state, and federal law enforcement to investigate and prosecute violent criminal gang activity throughout the area.
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Marine Unit recovers floating body from Boca Raton waterway, no foul play suspected
Around 10 a.m., deputies with the Palm Beach County Sheriff's Office (PBSO) say they responded to the 6800 block of Town Harbour Boulevard in Boca Raton to reports of a floating body in a waterway. Deputies say Members of the Marine Unit arrived to recover the body and identified the victim as a Hispanic man.
Nexperia said on Sunday that its employees in China still have access to company platforms and are receiving salaries as usual, a day after its China unit asserted that it had the right to operate independently of the Dutch parent.
UniCredit SpA is planning a significant risk transfer tied to €1.2 billion ($1.4 billion) of loans originated by its Austrian unit, according to people familiar with the matter.
The Jacksonville Jaguars are looking to bounce back as a team in Week 7's matchup with the Los Angeles Rams, but the pressure is on one unit in particular.
Developers are breaking ground Friday on a major project on the city's southeast side. It used to be a storage site for Minneapolis public works, but in less than a year, they'll be leasing out 95 apartments all considered to be affordable housing.
The National Highway Traffic Safety Administration said on Monday it has opened a preliminary investigation into about 2,000 Waymo self-driving vehicles after reports that the company's robotaxis may have failed to follow traffic safety laws around a stopped school bus.
One of the best things that happened for the Miami Marlins this season was the emergence of Kyle Stowers, the slugging outfielder who was the team's 2025 All-St