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HONG KONG–A Chinese food company famous for its spicy dried-duck snacks and an appearance in a Hollywood blockbuster movie is pressing ahead with an initial public offering in Hong Kong.
J.P. Morgan Chase & Co.’s private bank announced internally another round of layoffs affecting nearly 100 employees, people familiar with the matter said.
It’s hard enough to be an apparel retailer these days without contending with an activist shareholder, but Chico’s FAS Inc. faces the prospect of a proxy fight at its upcoming annual meeting, according to people familiar with the situation.