A data breach at Proskauer Rose exposed client data, including sensitive legal and financial information, the law firm confirmed Friday.

Jean-Charles Naouri built a French grocery empire over more than 30 years with generous helpings of borrowed money and financial engineering. It may take new management to keep it from collapsing under the weight of its debt.

US banks are pitted against each other as regulators move to strengthen oversight after a series of failures undermined confidence in the financial system.

Activist fund ValueAct Capital Management LPsaid it’s looking forward to the opportunity to vote for new directors of Seven & i Holdings Co. after what it called a disappointing response from the retailer Thursday.

Seven & i Holdings Co. dropped the most in more than two years after its full-year forecast missed analyst estimates, while saying that it will consider strategic options following a push by activist fund ValueAct Capital Management LP’s to abandon its conglomerate structure.

Rachel Sheridan, a longtime capital markets partner at Latham & Watkins, has joined rival Kirkland & Ellis, the law firm confirmed Thursday.

The spread between AMC Entertainment Holdings Inc.’s common-stock price and its preferred shares widened on Thursday, reversing its narrowing trend earlier this week.