November 26, 2019

U.S. sets out procedure for barring threats to telecom networks

The U.S. Commerce Department on Tuesday set out a procedure to protect U.S. telecommunications networks and their supply chains from national security threats, saying it would […]
November 26, 2019

VW’s Audi to cut one in ten jobs to fund shift to electric vehicles

Volkswagen’s luxury car unit Audi on Tuesday said it would cut one in ten jobs, freeing up billions of euros to fund its shift toward electric […]
November 26, 2019

Best Buy’s profit forecast points to robust holiday shopping demand

Best Buy Co Inc signaled it expected a strong holiday shopping season by forecasting fourth-quarter profit above Wall Street estimates on Tuesday, sending the shares of […]
November 26, 2019

Abercrombie & Fitch reports rise in Abercrombie same-store sales

Abercrombie & Fitch Co reported a better-than-expected 3% rise in same-store sales at its flagship brand on Tuesday, but said tariffs would hurt gross profit in […]
November 26, 2019

World stocks edge off highs to await U.S.-China progress

World stocks edged off their highest in almost two years on Tuesday, but kept record levels in sight, following fresh signs that the United States and […]
November 26, 2019

How LVMH’s whirlwind courtship sealed $16 billion Tiffany deal

Tiffany was codenamed “Tea” and LVMH was “Latte” in the whirlwind talks that led to the U.S. jeweler being taken over by the French luxury group […]
November 26, 2019

Musk to testify in own defense in defamation trial, his lawyer says

Tesla Inc’s chief executive, Elon Musk, will testify in his own defense against a defamation lawsuit brought by a British cave explorer, Musk’s lawyer said on […]
November 26, 2019

VW’s Audi making progress in talks on cost cuts: spokesman

Talks with labor representatives on cutting costs at Volkswagen’s luxury car unit Audi are making progress, an Audi spokesman said on Tuesday. Powered by WPeMatico
November 26, 2019

Uber’s carpool pricing strategy revealed by Chicago fare data

How much ride-hailing companies Uber and Lyft charge customers throughout a day is one of the most closely held secrets in Silicon Valley. Powered by WPeMatico
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