Saturday, January 19, 2019

MixedTimes - CNBC

R. Kelly, Sony reported to be parting ways

R. Kelly has been dropped by Sony Music, according to Variety and Billboard. The news comes after Lifetime's documentary series "Surviving R. Kelly" premiered last week, in which several women accuse the singer of sexual misconduct.

Lilly's cancer therapy Lartruvo fails study, shares drop

Eli Lilly said its cancer treatment Lartruvo failed to meet the main goal in a late-stage trial and it expects to take a charge in the first quarter of 2019, sending its shares down more than 2 percent in early trade.

Target is making a bigger bet on baby

Without Babies R Us, Target sees an opportunity to double down on its own baby business and is expanding one of its in-house brands to sell things like diapers and wipes.

Clothing retailer Gymboree files for bankruptcy again

Children's clothing retailer Gymboree filed for Chapter 11 bankruptcy protection, the second time in almost two years, and said on Wednesday it will close more than 800 Gymboree and Crazy 8 stores.

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