06:30 AM EDT, 08/19/2024 (MT Newswires) -- B. Riley Financial ( RILY ) said Friday that its founder, Chairman and co-Chief Executive Bryant Riley has made an unsolicited proposal to take the company private for $7 per share. A special committee would be established to evaluate the proposal, the company said, adding that there is no assurance that a transaction...

(Reuters) - Estee Lauder ( EL ) said on Monday its long-time CEO Fabrizio Freda had decided to retire from the cosmetic giant next year. Shares of the MAC lipstick maker were up 1% in premarket trading. Freda joined Estee in 2008 as president and chief operating officer and was later named the MAC lipstick maker's CEO. Estee said the...

06:32 AM EDT, 08/19/2024 (MT Newswires) -- Apple ( AAPL ) supplier Foxconn defended its hiring process after Indian authorities ordered a probe into its reported bias against hiring married women for iPhone assembly jobs, Reuters reported Saturday. Reuters said the investigation was ordered after it published a report in June, which found that Foxconn rejected married women from jobs...

06:38 AM EDT, 08/19/2024 (MT Newswires) -- BHP (BHP) said Monday that BHP Mitsubishi Alliance signed a seven-year power purchase agreement with CleanCo, becoming its first Australian operation to use 100% renewable energy for its electricity needs. The company said that starting in fiscal 2027, the new power purchase agreement, along with a previous agreement with CleanCo in 2023, would...