Two U.S. auto trade groups merge as regulatory issues loom
Two major U.S. automotive trade groups said Wednesday they will merge as the industry faces dramatic challenges, including regulatory, trade and emissions issues.
Two major U.S. automotive trade groups said Wednesday they will merge as the industry faces dramatic challenges, including regulatory, trade and emissions issues.
U.S. private payrolls surged in December, but the pace of job growth was likely flattered by a seasonal quirk.
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Macy's Inc reported just a 0.6% drop in holiday period same-store sales on Wednesday, quelling fears of a more dramatic fall in the department store operator's numbers for the crucial annual shopping season after an earlier profit warning.
Oil futures fell on Wednesday from peaks hit in frenzied early trading after a rocket attack by Iran on American forces in Iraq raised the spectre of a spiralling Middle East conflict and disruption to crude flows.
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Carlos Ghosn, speaking publicly for the first since his dramatic escape from Japanese justice, told reporters in Beirut he had been treated "brutally" by Tokyo prosecutors he accused of helping Nissan to oust him as chairman.
A private investigator from the firm tasked with tailing former Credit Suisse banker Iqbal Khan has countered Khan's legal action with criminal complaints against the banker, his wife and the police, Swiss prosecutors said on Wednesday.
Wall Street made a tepid open on Wednesday as losses in Boeing and Walgreen Boots offset relief from Iranian signals that overnight missile strikes "concluded" its retaliation to the U.S. killing of Qassem Soleimani.
Department store operator Macy's Inc reported a marginal fall in holiday period same-store sales on Wednesday, surprising investors who were bracing for a sharper drop following an earlier profit warning.
Apple Inc's news service has reached 100 million monthly active users and customers spent more than $1.4 billion in the App Store between Christmas and New Year, the latest signs of growing revenue from the iPhone maker's services business.
A Lebanese public prosecutor general has summoned ousted Nissan boss Carlos Ghosn for questioning on Thursday over an Interpol red notice issued by Japan which accuses him of crimes committed in Japan and calls for his arrest.
Ted Baker's lenders have hired advisers to carry out an independent review of the troubled British fashion retailer to assess its prospects, Sky News said https://news.sky.com/story/ted-baker-lenders-call-for-help-at-ailing-retail-chain-11903703 on Wednesday.
Although 24% is withheld from big lottery wins for federal taxes, the top marginal rate of 37% means the winner could expect to owe more to the IRS at tax time.
Walgreens Boots Alliance Inc's quarterly profit missed Wall Street expectations on Wednesday, hurt by lower payments from insurers on drugs sold at its U.S. pharmacies, exacerbating investor fears around its growth.