NewsEdge

Holiday shipping season likely impacted by shipping backlog

One Las Vegas company that manufactures everyday consumer items such as home audio systems says they're facing up to three-month delays to get their raw materials and another three- to four-week delay to finish the product.

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.