NewsEdge

Blackstone buying majority stake in Spanx

Blackstone Inc. is buying a majority stake in Spanx Inc., becoming the first outsider to put money into a company that revolutionized women’s shapewear.

Activision Blizzard fired 20 employees following harassment claims

Videogame publisher Activision Blizzard Inc (ATVI.O) said on Tuesday it had fired more than 20 employees following allegations of sexual harassment and discrimination at the workplace, with 20 more individuals facing other forms of disciplinary action.