Levi Strauss slashing corporate jobs, looking to go upscale under new CEO Michelle Gass

Levi Strauss slashing corporate jobs, looking to go upscale under new CEO Michelle Gass

Levi Strauss forecast annual sales and profit below Wall Street expectations on Thursday and said it would cut 10% to 15% of global corporate jobs as the denim maker seeks to rein in costs amid weakness in its wholesale business. Levi attributed the weak forecast to plans to exit its Denizen brand and cut back on off-price sales,…

Missiles targeting a ship off Yemen explode without damage, the UK military says

Missiles targeting a ship off Yemen explode without damage, the UK military says

JERUSALEM — Two missiles apparently targeting a ship off Yemen exploded Friday, though they caused no damage or injuries, the British military said. The British military’s United Kingdom Maritime Operations, which oversees Mideast waterways, said the attack happened southwest of the Yemeni city of Aden, in the Gulf of Aden. No group immediately claimed responsibility….

Shiffrin gets up after losing control and crashing while landing a jump in a World Cup downhill

Shiffrin gets up after losing control and crashing while landing a jump in a World Cup downhill

CORTINA D’AMPEZZO – CORTINA D’Mikaela Shiffrin crashed into the safety nets after losing control while landing a jump during a World Cup downhill on Friday. “She’s up,” said Megan Harrod, Shiffrin’s spokeswoman, told The Associated Press in the finish area. “I don’t have any other information.” Shiffrin was helped off the course with her left…

Edward E. Crutchfield, 82, Dies; Banker’s Deals Reshaped the Industry

Edward E. Crutchfield, 82, Dies; Banker’s Deals Reshaped the Industry

Edward E. Crutchfield, a banker who grew a small North Carolina bank into one of the nation’s largest through a deal-making spree that earned him the nickname “Fast Eddie” and helped establish Charlotte as a national financial hub, died on Jan. 2 at his home in Vero Beach, Fla. He was 82. His death was…

Doctors told woman she was too young for a colonoscopy. Then she was diagnosed with Stage 3 colon cancer

Doctors told woman she was too young for a colonoscopy. Then she was diagnosed with Stage 3 colon cancer

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Djokovic says one Australian Open semifinal loss is not the beginning of the end

Djokovic says one Australian Open semifinal loss is not the beginning of the end

MELBOURNE – A solitary loss in 11 semifinals at the Australian Open was nowhere near enough for Novak Djokovic to contemplate a generational change in tennis. Djokovic didn’t get a look at a breakpoint during a 6-1, 6-2, 6-7 (6), 6-3 loss to Jannik Sinner on Friday that ended the 10-time Australian Open champion’s unbeaten…

A Longtime Resident of the Chelsea Hotel Gets Her Due as an Artist

A Longtime Resident of the Chelsea Hotel Gets Her Due as an Artist

One night in November, a procession of young artists, critics and curators climbed the creaky stairs of a building in Chinatown in Lower Manhattan to attend an opening at a buzzy little gallery, Ulrik. The show, “Bettina: New York 1965–86,” was made up of rarely seen photographs and sculptures by an enigmatic artist who lived…

As China’s Markets Stumble, Japan Rises Toward Record

As China’s Markets Stumble, Japan Rises Toward Record

There’s a shift underway in Asia that’s reverberating through global financial markets. Japan’s stock market, overlooked by investors for decades, is making a furious comeback. The benchmark Nikkei 225 index is edging closer to the record it set on Dec. 29, 1989, which effectively marked the peak of Japan’s economic ascendancy before a collapse that…

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