Sources tell CBS News that President-elect Donald Trump is expected to nominate Linda McMahon to serve as secretary of the Department of Education. McMahon is Trump’s transition co-chair and served in his last term as Small Business Administrator.
Burberry shares are down 40%. One hedge fund manager says the stock offers ‘good value’ right now
Investors have welcomed Burberry’s new turnaround plan but shares remain down around 40% year-to-date.