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Matt Townsend

Matt Townsend

Business Editor of Checkout at Bloomberg

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Email address
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Influence score
71
Phone
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Location
United States
Languages
  • English
Covering topics
  • Business

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Recent Articles

bloomberg.com

Kenvue Announces CEO Departure, Strategic Review

Kenvue Inc. said Chief Executive Officer Thibaut Mongon will leave the company as it continues to revamp the maker of Tylenol, Neutrogena and Listerine brands.
bloomberg.com

General Motors Breaks Into F1 With Cadillac Team Joining in 2026

General Motors Co. is getting into Formula 1.
bloomberg.com

NFL Adding 18th Game Is ‘Logical’ Next Step, Goodell Says

League would cut preseason to two weeks to keep overall schedule at 20 games.
bloomberg.com

Owner of TheStreet, Site Founded by Jim Cramer, Taps Small-Business...

The parent company of TheStreet Inc., a financial news website co-founded by media personality Jim Cramer, received a $5.7 million loan as part of a program aimed at helping U.S. small businesses weather the pandemic.
bloomberg.com

Apparel In America Has Lost Its Appeal

Consumers just aren’t that into clothes anymore.
bloomberg.com

The Toy That Sparked 1980s Riots Is Still Fueling Fights Today

The new fight over Cabbage Patch Kids has sabotage, choke holds, and slurs.
bloomberg.com

Under Armour Investors Approve New Shares as CEO Keeps Control - Bl...

Under Armour Inc. investors approved the creation of a new class of shares that don’t have voting rights, which will maintain founder and Chief Executive Officer Kevin Plank’s control of the sporting-goods maker.
bloomberg.com

American Apparel Plummets as Cash Dwindles Amid Wider Losses - Bloo...

American Apparel Inc. plunged 37 percent after posting a wider second-quarter loss and saying that it’s in talks with lenders to avoid defaulting on its credit line.
bloomberg.com

P&G's New CEO Confronts Lafley's Unfinished Turnaround - Bloomberg

Procter & Gamble Co.’s David Taylor, named to the chief executive officer job on Tuesday, won’t have an easy time completing the turnaround effort of his predecessor.
bloomberg.com

Retailers' Answer to Apple Pay Is Said to Hit Stores in August - Bl...

After almost three years in development, the retail industry’s answer to Apple Pay is finally getting off the ground.
bloomberg.com

J.C. Penney’s Next CEO Lays Out How Struggling Chain Can Thrive

Marvin Ellison, J.C. Penney Co.’s next leader, laid out his plans for how the chain can thrive again, a vision that includes cutting supply-chain costs, improving customer service and better connecting stores to the Web.