U.S. auto sales seen slipping 2.1% in May: J.D. Power, LMC Automotive
U.S. auto sales are expected to drop 2.1% in May from the year-ago period, as higher prices keep buyers at bay, according to industry consultants...
Strong labor market boosts U.S. consumer confidence
Consumer confidence jumped in May as households grew more upbeat about the labor market, suggesting the economy remained on solid ground despite signs that activity...
Walmart taps ex-Google, Amazon employee as new chief technology officer
Walmart Inc appointed Suresh Kumar, a former employee of Alphabet Inc-owned Google and Amazon.com Inc, as its new chief technology officer as it tries to...
Blindsided by FCA-Renault talks, Nissan risks being left by the roadside
Nissan found out about Renault’s merger talks with Fiat Chrysler just days before they became public, four sources told Reuters, stoking fears at the Japanese...
Wall Street edges higher at open as trade worries linger
U.S. stocks rose slightly at open on Tuesday, led by technology stocks, but gains were muted amid signs that United States and China were far...
General Electric may cut more than 1,000 jobs in France
General Electric (GE) may cut more than 1,000 jobs in France, which could set the U.S. company on a collision course with the French government...
Beyond Meat to start plant-based meats production in Europe next year
Vegan burger maker Beyond Meat Inc said on Tuesday it would begin making its plant-based meats in Europe next year, in an effort to expand...
A decade after the crash, Barclays bets again on bundling U.S. home loans
Ten years on from the global financial crisis caused by a crash in bonds tied to U.S. home loans, Britain’s Barclays is betting a return...
Occidental to sell parts of Anadarko after debt-fueled acquisition
Occidental Petroleum snatched up some of the richest shale oilfields in Texas when it beat out rival Chevron Corp in a bidding war to acquire...
Two more shippers join Maersk’s cost-cutting blockchain-based platform
Two of the world’s biggest shipping groups will join a Maersk led blockchain platform aimed at boosting efficiency and limiting the enormous paper trail of...
