L Brands will sell its majority stake in lingerie brand Victoria's Secret to a private equity firm for $1.1 billion. The deal gives Sycamore Partners a 55% interest in Victoria’s Secret lingerie, Victoria’s Secret Beauty and Pink brands, the company said in a statement Thursday. "We believe the separation of Victoria’s Secret Lingerie, Victoria’s Secret Beauty and PINK into a privately held company provides the best path to restoring these businesses to their historic levels of profitability...

USA TODAY NETWORK Amazon will create 100,000 full-time jobs in the United States with full benefits over the next 18 months, the tech giant announced in a statement Thursday. The Seattle-based company says the positions are for workers across the country and across all skill and experience levels. Most of the positions will be at fulfillment centers, including new ones under construction in California, Florida, New Jersey and Texas. The new employees will also work in areas such as cloud...