Department stores discount cosmetics, making ‘doomsday clock’ tick faster, ex-CEO says

Beauty bars, the centerpieces of many department stores, have almost always been exempt from discounts and storewide sales. But as aging retail giants continue to sag, the cosmetics counter is losing its protected status. “The department store doomsday clock,...

Google has hired at least five top law firms to fight its massive fine in Europe, sources say

Google has ramped up its legal firepower as it prepares to do battle with EU antitrust regulators after a landmark 2.4-billion-euro ($2.7 billion) fine and the possibility of a second record sanction before the end of the year. Alphabet unit Google, the world’s...