WASHINGTON (AP) — American Apparel is seeking bankruptcy protection for the second time in just over a year, unable to find its footing in a shifting retail landscape and after a contentious fight for control with company founder Dov Charney. Canada’s Gildan Activewear is buying the American Apparel brand, notorious for sexually provocative ad campaigns, … Continue reading
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A November stock slide continues as oil, metals prices fall
NEW YORK (AP) — A deepening slump in prices for oil, metals and other commodities sent stock prices lower on Thursday. Major market indexes opened lower and the selling accelerated as the day wore on. The drop in oil and metals prices hurt mining, metals and energy stocks. Stocks began sliding early this month and … Continue reading