Business News

Government and Trade

Deadline for Trans-Pacific Partnership Talks Seen as Mid-August

The pressure is growing to conclude the talks before the end of the year and before the U.S. presidential campaign enters full gear.

Trending: Ath-Leisure and Boho are hot...

Legal

Proposed Settlement Reached in Trina Turk Class Action

A complaint filed against the company by a Los Angeles area customer charges the company with violating the Fair and Accurate Credit Transactions Act.

Financial

Judge Throws Out Bulk of Louis Bacon Defamation Claims Against Peter Nygård

Judge Cynthia S. Kern ruled Friday that the various allegations were dismissed on the grounds of duplication of the defamatory claims or for being time-barred.

Outside an American Apparel location.

Government and Trade

Customs Seizes Fake Designer Handbags, Sunglasses

Counterfeits handbags and sunglasses seized in separate Florida busts.

Mergers and Acquisitions

Delta Galil Completes P.J. Salvage Purchase

Purchase, for undisclosed price, expected to be accretive to buyer’s earnings.

Human Resources

Billy Ku Named President of Big Star

Had previously served as chief administrative officer of parent firm Koos Manufacturing Inc.

Financial

Hanes, Gildan Open Lower on Mixed-Market Start

Stocks opened to a mixed start with Hanes Brands and Gildan disappointing investors.

Financial

Gildan Stock Slides on Earnings Miss

Gildan Activewear sees earnings drop in the second quarter on weakness in Europe.