Ford Cancels Plans for Electric SUV
The automaker expects to take $1.9 billion in related special charges and write-downs as automakers continue adjusting their EV plans because of […]
Walmart Offloads JD.com Stake for $3.6 Billion
Walmart has sold its entire stake in JD.com, raising $3.6 billion and ending an eight-year investment in the Chinese e-commerce company.
Tech, Media & Telecom Roundup: Market Talk
Find insight on Informa and Ascential, Palo Alto Networks and more in the latest Market Talks covering the Tech, Media & Telecom […]
Coal Miners Arch, Consol Agree to Merger of Equals
Arch Resources and Consol Energy have agreed to combine in an all-stock merger of equals to create a new entity called Core […]
Vector Group to Sell Itself to JT Group in $2.4B Deal
Vector Group has agreed to Japan-based JT Group acquiring it in a deal worth $2.4 billion in equity value.
Luxury Brands Have a Strict Hierarchy. Burberry Found Out the Hard Way.
The British label’s seven-year push to attract wealthier shoppers has failed and left it with a threadbare share price.
Target Pulls Out of a Sales Rut. Macy’s Doesn’t.
Target is giving a lukewarm outlook for the year, saying consumers are cautious, while Macy’s reported another quarter of shrinking sales.
Secondary Buyers Seek Greater Control Over Investment Terms
Rather than being passive providers of capital, more secondary buyers are looking at ways to influence the governance of investments they back.
Tough U.S. Sanctions Packages Are Here to Stay—Whether It’s Harris or Trump
The next occupant of the Oval Office will inherit a powerful and popular sanctions apparatus, though some questions remain about its likely […]
ON Semiconductor Looks to Bolster Supply Chain to Shield Against Rise of Chinese Chip Makers
The manufacturer of power chips and sensors used in electric vehicles recently unveiled plans for a new $2 billion plant in the […]
Oil Prices Under Pressure on Ceasefire Talks, Persistent Demand Worries
Oil prices slipped, as hopes of a ceasefire between Israel and Hamas weighed, along with lingering demand concerns, ING said.
China Launches Anti-Subsidy Investigation Into EU Dairy Imports
China has launched an antisubsidy investigation into dairy imports from the European Union, marking the latest escalation in trade tensions between the […]