Bloomberg Hennes & Mauritz AB reported its biggest drop in profit in six years, adding pressure on Chief Executive Officer Karl-Johan Persson, who is trying to right the ailing Swedish clothing chain after recent slipups. Operating profit fell 14 percent to 20.6 billion kronor ($2.6 billion) in the 12 months through November, H&M said in a statement. Analysts expected 20.4 ...

Bloomberg Swatch Group AG reported an increase in profit for the first time in four years as Switzerland’s largest watchmaker boosted its share in the intensely competitive low-end timepiece market thanks to growth at Tissot and its namesake plastic brand. Swatch said it has had a “massive gain” in market share in the basic and midrange segments. The company sells ...

Bloomberg Amazon.com Inc.’s foray into health care won’t be the first time it has disrupted an entire industry by starting with an effort inside the company. Amazon Chief Executive Officer Jeff Bezos is teaming up with fellow billionaires Warren Buffett and Jamie Dimon to revamp health care for the 2.4 million workers and dependents of the companies they run. The ...