Manhattan Beach-based shoe giant Skechers USA announced Monday it will be acquired by the 3G Capital global investment firm.

Skechers is being acquired for $9 billion and taken private by the investment firm by 3G Capital. The companies said the ...

Investment firm 3G Capital, controlled by Brazilian billionaire financier Jorge Paulo Lemann, agreed to buy the company.

Indian equity benchmarks ended higher on Monday, supported by strong foreign inflows, optimism over a potential India-U.S. trade deal, and falling crude oil prices. The Nifty 50 rose 0.47% to close at ...