The Trump jinx? GE’s Jeff Immelt is the latest manufacturing CEO to leave his post

Members of President Donald Trump’s manufacturing council are making moves. Without implying causation between any course of events, it’s true that a handful of the C-suite executives advising Trump on how to grow America’s manufacturing sector have...

Viking investment chief to leave, firm to return $8 bln in capital

The chief investment officer at Viking Global Investors, one of the world’s biggest hedge funds, is leaving and the firm plans to return $8 billion in capital this summer, it said on Monday. Dan Sundheim has worked at Viking, which oversees roughly $30 billion,...

Prescription heroin is helping treat addiction in Canada

The Providence Crosstown Clinic is decorated with posters espousing the sort of medical advice you might expect at any other doctor’s office: Cover your cough, wash your hands, don’t use antibiotics to treat the flu, and ask staff if you need any help. In...

Gymboree files for Chapter 11 bankruptcy; CFO leaves retailer

Gymboree has filed for Chapter 11 bankruptcy protection. The children’s clothing retailer announced the move Monday morning, only a few weeks after it partnered with a turnaround firm, AlixPartners, to assist with its operations and then missed a June 1 debt...