Christina Cheddar Berk is assistant managing editor overseeing CNBC Digital's business news coverage. Before joining CNBC, she was a special writer at Dow Jones Newswires and a guest columnist for the Wall Street Journal. Cheddar Berk was part of a team of reporters who received a Society of American Business Editors and Writers award for breaking news coverage. She also has worked as an associate editor for The World Almanac and an assistant editor for Funk & Wagnalls New Encyclopedia.
Children's apparel retailer Gymboree was able to sell its band to rival Children's Place, while Gap plans to acquire the bankrupt retailer's high-end children's clothing line Janie and Jack, a bankruptcy court document shows.
Gap plans to close about 230 Gap specialty stores over the next two years, as it works to restructure its business.
Packaged food is falling out of favor with consumers, and that's hurting big brands such as Kraft Heinz, General Mills and Mondelez.
"We delivered strong organic sales in the second quarter, building on our first quarter momentum, which enables us to increase our outlook for the year," P&G chief David Taylor says.
Children's clothing retailer Gymboree Group is expected to file for bankruptcy protection this week, in what would be its second bankruptcy filing in less than two years, a person familiar with the situation told CNBC.
The retailer said it will provide more information on store closures when it reports fourth-quarter results on Feb. 28.
A group of McDonald's franchisees met Wednesday to voice concerns over the changes they are being asked to make to improve sales growth at the hamburger chain, according to a media report.
Under Armour says it plans to cut about 3 percent of its global workforce by March as part of a restructuring.
The former 49ers quarterback on Monday tweeted an image from the campaign, saying: "Believe in something, even if it means sacrificing everything."
Throughout August, the president's attacks on Sessions have escalated, however, the president recently said Sessions will remain in his post until at least the midterm elections in November.
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