Raf Simons was hired by Christian Dior to win back an audience that had fallen out of love with this most venerable of Paris fashion houses in the wake of the ugly John Galliano scandal.
Former Bear Stearns CEO Alan Schwartz told CNBC Friday that the possible $11 billion number surrounding the JPMorgan mortgage settlement talks "doesn't feel like it makes sense, but it makes good headlines."
"It is clear that I have a lot to learn about the lively debate concerning the evolution of the family," Barilla said in a videotaped apology.
Washington's increasingly heated battle over raising the US debt limit could all but wipe out the country's fragile recovery, economists warned on Friday.
Max Wolff, senior analyst at Greencrest Capital, describes Blackberry's chief executive golden parachute as "a big payout on a dismal run."
Singapore's initial public offering (IPO) market became the second largest in the world in the third quarter of this year, a report from global accountancy firm Ernst & Young has found.
New Landsbanki, the state-owned Icelandic bank forged in the midst of the 2008 Icesave scandal, has asked for more time to repay a £1.5bn bond that is threatening to destabilise Iceland's recovering economy.
There may be no such thing as a free lunch, but for some fans of the Jacksonville Jaguars there will be something even better this Sunday: free beer.
One of the world's largest investment firms believes the financial system is overly leveraged.