Amazon.com Inc plans mass layoffs at its money-losing parenting products subsidiary Quidsi as part of a business restructuring, the company said in a document filed with the state of New Jersey on Wednesday.
The house of Givenchy has chosen as its new creative director Clare Waight Keller, breaking the news on - what else? - Instagram. A British designer succeeding an Italian at one of France's classiest houses.
Amazon plans to invest $1.49 billion to build a large air cargo hub in northern Kentucky, state officials said on Tuesday, stoking expectations it may one day opt to directly compete with FedEx and UPS.