(Bloomberg) -- Profit growth for U.S. companies remains strong enough to power stock market gains through much of next year, according to Bernstein’s Beata Kirr.
The inflation fears that have clobbered short- and intermediate-term U.S. Treasury notes this month could spell trouble for credit markets, according to Bank of America Corp. strategists.
Italy’s government plans to boost spending by 23.6 billion euros ($27.5 billion) next year, according to a document seen by Bloomberg.
(Bloomberg) -- Activision Blizzard Inc. said more than 20 employees have “exited” and at least 20 others have received disciplinary action as part of an internal investigation into allegations of sexual harassment or misconduct over the past three months.
Sara Blakely founded Spanx Inc. in 2000 with $5,000 of her personal savings earned from selling fax machines door-to-door. She just struck a deal with Blackstone Inc. that values the company at $1.2 billion.
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