Samsung expands manufacturing in the US to produce home appliances
The South Korea-based technology giant will spend at least $300 million on the manufacturing project and is already discussing plans with five states.
Mar 09, 2017 9:05 AM EST
China gives preliminary approval for dozens of Trump-related trademarks in businesses
Trump's lawyers in China say the business is simply trying to protect Trump trademark from anyone who might try to use the name to its advantage.
US oil output set to break records in 2018
The EIA has ramped up its US forecasts and predicts daily domestic oil output of 9.2 million barrels for this year and 9.7 million barrels in 2018.
Disney chief defends seat on Trump’s business advisory council
Walt Disney Co.'s CEO says his seat on US President Donald Trump's advisory council is an opportunity to voice opinions that could benefit Disney and the company's shareholders.
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ESPN to implement job cuts that could extend to personalities who appear on TV, radio, online
Details of the job cuts will still be finalized but layoffs would definitely take place through as a consequence to delivering ESPN fans content consumption.
Mar 08, 2017 8:55 AM EST
General Motors lays off 1,100 employees in Lansing plant
The workers keeping their jobs now are still safe from any employment actions as General Motors just invested $583 million in the plant.
Mar 08, 2017 8:55 AM EST
Snapchat parent company's IPO gains just disappeared
Analysts are concerned over Snapchat's sudden growth, valuation and hype for the past weeks and claim its IPO gains as overpriced.
Mar 08, 2017 8:54 AM EST
Michael Hill International Limited appoints new CEO
The board and the employees in Michael Hill are excited by Taylor's appoointment as he sees to unlock new opportunities and new streams of value for the company.
Mar 07, 2017 10:00 AM EST
German tycoon Schlecker faces fraud trial with family
Anton Shlecker is accused of offenses related to the 2012 bankruptcy of his pharmacy chain that employed 50,000 people in Germany and in Europe.
Mar 07, 2017 9:42 AM EST
Vauxhall joins PSA Group in €2.2 billion deal, employees fear job losses
French company that owns Peugeot and Citroen enters into a €2.2 billion deal to buy General Motor's European unit which includes Vauxhall. General Motor CEO Mary Barra affirms Vauxhall's British brand while respecting the agreements on the workforce.
Mar 07, 2017 9:42 AM EST
Mercedes-Benz recalls almost one million cars after 51 fires reported
The incident was due to an issue with an engine part that can cause an electrical fire and conditions would occur during the starting of the car.
Mar 06, 2017 8:52 AM EST
Luxury automakers drive online sales on Tmall.com
China is projected to become the top market for luxury automakers by 2020 and brands rev up sales with Tmall.com to reach the country's affluent and digitally active consumers.
Mar 06, 2017 5:58 AM EST
Sports Direct owner buys into lingerie brand Agent Provocateur
Sports Direct owner Mike Ashley has acquired an interest in the struggling luxury lingerie retailer, Agent Provocateur.
Mar 06, 2017 1:24 AM EST
Japan and Airbus welcome new agreement on industrial partnerships
Airline company Airbus welcomes new agreement on industrial partnerships with Japan. Airbus welcomes new agreement on industrial partnerships with Japan.
Mar 06, 2017 1:05 AM EST
Mexico economy minister sets meeting with US automaker executives in trade push
Trump's threats and unpredictability drives Mexico to build support from companies and US states that rely on business on the south border.
Mar 03, 2017 10:25 AM EST
Jimmy Choo revenues skyrocket with strong Asia market, weak pound and menswear range
The record revenues and profitability are proof to the growing appeal and strength of Jimmy Choo. Jimmy Choo reports strong revenue gains brought about by its growing market in China, the weak pound and its menswear line.
Mar 03, 2017 9:42 AM EST
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