A drop in sales at Tiffany’s flagship store hurt its holiday sales, and the upscale jeweler blamed its location next to Trump Tower. Fred Katayama reports. Continue reading
National Amusements, the majority stakeholder in both, CBS and Viacom, is pulling its support for the merger between the media giants that was outlined in September. Jeanne Yurman reports. Continue reading
Former trader Tom Hayes, on trial for allegedly conspiring to rig benchmark interest rates, has admitted to being motivated by greed and was fired by U.S. bank Citigroup in 2010, prosecutors tell a London court.