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National

Maxwell pleads not guilty to new sex trafficking charges

NEW YORK (UPI) -- British socialite Ghislaine Maxwell pleaded not guilty Friday to new sex trafficking charges filed last month related to allegations she procured underage girls for financier Jeffrey Epstein. She appeared in court in New York, her first appearance since her summer arrest. Federal prosecutors filed the new charges in a superseding indictment in March. She previously pleaded not guilty to six counts of participating in a sex trafficking network run by Epstein. The new charges lengthened the […]

April 23, 2021 3

Business & Lifestyle

Private equity firm to buy majority stake in Victoria’s Secret

NEW YORK (UPI) -- Private equity firm Sycamore Partners agreed to buy a majority stake in the underperforming Victoria's Secret and spin it off into a privately held, standalone entity, the companies announced Thursday. The lingerie chain's owner, Columbus, Ohio-based L Brands, said Sycamore Partners will purchase a 55 percent stake in Victoria's Secret Lingerie, Victoria's Secret Beauty and PINK to create a separate company "focused on reinvigorating its market-leading businesses and returning them to historic levels of profitability and […]

February 20, 2020 3

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