Sony Corp. just raised its full-year profit forecasts by single digits. That looks like good news, but it’s not. It’s the lowest mid-year update for the Japanese electronics giant since at least 2016, and there could be more to come throughout the sector. Operating income for the year to March 31 will be 4% higher than its July estimate at ...

If the owners of Britain’s Daily Telegraph are serious about wanting to sell the publication for a price similar to what they paid for it 15 years ago then they’ll need to make a very convincing argument that it’s a perfect megaphone to influence British politics, especially at this crucial time in the country’s history. No serious media investor is ...

Bloomberg After weeks of hand-wringing over its fate, the flagship location of Barneys New York Inc will stay open for at least another year, albeit with a new format. The store will morph into a “pop-up retail experience” including boutiques, art and other cultural events, according to a statement from its new owner, Authentic Brands Group LLC. But the centre ...