Berlin / Bloomberg Hugo Boss AG, the embattled German fashion retailer, reported its biggest drop in quarterly profit in at least six years and said it considers closing stores to reduce costs. Earnings before interest, taxes, depreciation and amortization and other items declined 29 percent to 93.5 million euros ($108 million) in the first quarter, the Metzingen, Germany-based company ...

  Frankfurt / AFP Lufthansa shares nosedived on Tuesday after the German airline said one-off effects and price pressures pushed it into a loss in the first three months of the year. Lufthansa shares were among the biggest losers in morning trade on the Frankfurt stock exchange, shedding nearly six percent in a market that was down by around 1.4 ...

  New York / Bloomberg Johnson & Johnson must pay $55 million to a 62-year-old South Dakota woman who blamed her ovarian cancer on the company’s talcum powder in the second such trial loss this year. J&J is accused in more than 1,000 lawsuits in state and federal courts of ignoring studies linking its Shower-to-Shower product and Johnson’s Baby Powder ...