01:30 PM EST, 01/27/2025 (MT Newswires) -- Consumer stocks were mixed Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) rising 2.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) fractionally lower. In corporate news, Spotify ( SPOT ) and Universal Music Group said Sunday they have signed multiyear agreements to collaborate on recorded music and music...

NEW YORK, Jan 27 (Reuters) - The former chief financial officer of Archegos Capital Management was sentenced on Monday to eight years in prison over his role in the firm's 2021 collapse, which cost Wall Street banks more than $10 billion. Patrick Halligan was convicted of securities fraud, wire fraud and racketeering conspiracy by a Manhattan federal jury last July....

PARIS (Reuters) -Stella McCartney is repurchasing the minority stake held by LVMH in the house she founded about five years after the luxury group bought it, LVMH and Stella McCartney said in a statement on Monday. McCartney will continue to advise LVMH chief executive Bernard Arnault and the group's executive team on sustainability issues as a Global Ambassador on Sustainability,...

01:20 PM EST, 01/27/2025 (MT Newswires) -- Tevogen Bio Holdings ( TVGN ) said late Friday that it broadened its relationship with Microsoft (MSFT) to expand its artificial intelligence-focused collaboration while building a technology designed to help with predictive precision T-cell targeting. Shares of Tevogen advanced 30% as intraday trading volume soared to more than 48.5 million from a daily...