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Private equity firm buys majority stake in fashion designer Joseph Ribkoff

MONTREAL — Private equity firm Novacap has acquired a majority stake in Canadian fashion designer Joseph Ribkoff. Financial terms of the deal were not immediately available.

Retailer HBC reports $243M third-quarter loss, sales down from year ago

VANCOUVER — Canada's oldest department store chain lost $243 million in its latest quarter as some Hudson's Bay Co. banners failed to grow sales. The retailer (TSX:HBC) said Wednesday the third-quarter loss amounted to $1.
Accusers take on toxic culture in TV newsrooms

Accusers take on toxic culture in TV newsrooms

Women who say they were sexually harassed or mistreated by powerful men in television news have banded together to form a support network aimed at changing a newsroom culture they say has given men a free pass to misbehave for decades.
UK government made no analysis of Brexit's economic impact

UK government made no analysis of Brexit's economic impact

LONDON — The U.K. official shepherding Britain's departure from the European Union acknowledged Wednesday that the government has made no formal assessments of the economic impact of leaving the 28-nation bloc.
Los Angeles moves toward legal pot sales milestone

Los Angeles moves toward legal pot sales milestone

LOS ANGELES — In March, Los Angeles voters endorsed a plan to bring order to the city's long-unruly marijuana market while clearing the way for recreational sales to begin next year, making L.A. the biggest city with legal pot sales in the country.

Mars to base US headquarters in New Jersey

NEWARK, N.J. — Mars Wrigley Confectionary is basing its U.S. headquarters in New Jersey. The maker of M&M's, Snickers and Skittles on Tuesday announced it will operate from existing offices in Hackettstown and open a new space in Newark.
VW senior manager faces prison for US emissions scandal

VW senior manager faces prison for US emissions scandal

DETROIT — Lawyers for a Volkswagen senior manager say his U.S. prison sentence shouldn't exceed 40 months for his role in the automaker's diesel emissions scandal. Oliver Schmidt will be sentenced Wednesday in Detroit federal court. The U.S.

Retailer HBC reports $243M third-quarter loss, sales down from year ago

TORONTO — Hudson's Bay Co. lost $243 million in its latest quarter as sales fell compared with a year ago. The retailer (TSX:HBC) says the loss amounted to $1.33 per diluted share for the 13 weeks ended Oct.
AP Exclusive: Top gossip editor accused of sexual misconduct

AP Exclusive: Top gossip editor accused of sexual misconduct

NEW YORK — The top editor for the National Enquirer, Us Weekly and other major gossip publications openly described his sexual partners in the newsroom, discussed female employees' sex lives and forced women to watch or listen to pornographic materia
Kennedy seems conflicted in Supreme Court wedding cake case

Kennedy seems conflicted in Supreme Court wedding cake case

WASHINGTON — On a sharply divided Supreme Court, the justice in the middle seemed conflicted Tuesday in the court's high-stakes consideration of a baker who refused to make a wedding cake for a same-sex couple in 2012.