Welcome to the Money blog as the Bank of England announces a cut in the base rate from 4.75% to 4.5%. You can submit a ...

Estée Lauder is set to shed up to 7,000 jobs amid sliding sales and uncertainty over President Trump’s new tariffs.

Estee Lauder may trim more than 11% of its workforce after the global beauty cosmetics maker lost money in its most recent ...

Estee Lauder will lay off between 5,800 and 7,000 employees after second-quarter sales plummeted 6% and operating income ...

Amazon.com Alibaba and Temu’s parent, PDD Holdings were among the e-commerce stocks falling on Wednesday, even after the U.S. Postal Service said it would resume accepting all inbound parcels from ...

Amazon.com Alibaba and Temu parent PDD Holdings were among the e-commerce stocks tumbling on Wednesday after the U.S. Postal Service said it would temporarily suspend all inbound parcels from mainland ...

The cosmetics company has been struggling with weak demand, especially in Asia.

The US beauty group, whose brands include Clinique and Bobbi Brown, said it will increase the number of job losses from 3,000 to between 5,800.

At 2:43 PM ET, the Dow Jones Industrial Average was up 159 points, or 0.36%, while the S&P 500 index climbed 44 points, or ...

Canadian pension fund CPP Investments is weighing strategic options, including a sale or initial public offering, for Encino Acquisition Partners that could value the U.S. oil and natural gas producer ...

Investing.com -- The S&P 500 closed sharply higher Tuesday as traders weighed a slew of mostly upbeat quarterly earnings and ...

Cosmetics company Estée Lauder (EL) announced a major restructuring plan that aims to cut 5,800 to 7,000 jobs, or up to 11% ...