Shares in the iconic beauty products conglomerate plunged after it held off on providing a full-year financial outlook due to “evolving global uncertainty”.
Estée Lauder Cos. said it plans to eliminate between 5,800 to 7,000 positions in a corporate restructuring meant to return the flagging company to sales growth under its new chief executive.
Canadian Prime Minister Justin Trudeau announced that new tariffs on Canadian and US goods will be postponed for 30 days following a call with US President Donald Trump, Bloomberg has reported. The ...