Barneys nears bankruptcy deal with Authentic Brands, Saks owner: sources
U.S. luxury department-store chain Barneys New York Inc is nearing a roughly $270 million deal with brand developer Authentic Brands Group that could lead to...
UAW calls Thursday meeting to update union leaders on GM strike talks: sources
The union representing the 48,000 workers who have been striking General Motors Co for about a month have scheduled a meeting on Thursday to update...
Exclusive: No choice but to invest in oil, Shell CEO says
Royal Dutch Shell still sees abundant opportunity to make money from oil and gas in coming decades even as investors and governments increase pressure on...
SoftBank’s Claure announces investment in Mexican startup Kavak
Japan’s SoftBank will invest in Mexican used car platform Kavak, the group’s chief operating officer Marcelo Claure said on Monday, adding to SoftBank’s growing portfolio...
Facebook’s Libra announces board as support shrinks further
Backers of Facebook Inc’s Libra cryptocurrency project pledged to forge ahead after selecting a five-member board on Monday, shrugging off the latest member defection by...
In new headache, WeWork says it found cancer-causing chemical in its phone booths
Cash-strapped WeWork, the office-sharing company that is trying to negotiate a financial lifeline, has a new problem that may prove costly. It has closed about...
Southwest pilots say 737 MAX return may be delayed beyond Boeing’s fourth quarter goal
Southwest Airlines pilots predicted on Monday that the grounded Boeing 737 MAX airplane will return to the skies around February, weeks later than Boeing and...
House panel ‘strongly’ urges Uber, Lyft to take part in hearing
Uber Technologies Inc and Lyft have declined to appear at a hearing on Wednesday on ride-hailing industry issues, the chairman of the U.S. House of...
Oilfield services firm ProPetro cuts almost 150 workers: sources
ProPetro Holding Corp this month cut about 150 workers, people familiar with the matter said on Monday, the latest sign of growing trouble in the...
Industrial earnings take center stage in third quarter with trade, economy in focus
Profit reports from big manufacturers and other industrial firms arriving this week will provide investors with a crucial corporate gauge of the U.S. economy’s health...