Jeans maker Levi Strauss files for IPO to return to public markets
Jeans maker Levi Strauss & Co on Wednesday filed documents to list itself on the New York Stock Exchange, as the 145-year old company seeks to return to the public markets after more than three decades.
Apple, Walmart, IBM chief executives join White House advisory panel
The chief executives of Apple Inc, Walmart Inc, IBM Corp and other major companies are joining a Trump administration advisory board on workforce policy, the U.S. Commerce Department said Wednesday.
President Macron to unveil plan to give Europe’s electric battery industry a jolt
France will invest 700 million euros ($790 million) over the next five years into projects to boost the European electric car battery industry and reduce its carmakers’ reliance on dominant Asian rivals, said French presidency officials.
Ford recalls 1.48 million F-150 pickups in North America over transmissions
Ford Motor Co said on Wednesday it was recalling about 1.48 million F-150 pickup trucks in North America due to a potential transmission downshift issue that could increase the risk of a crash.
Renault scraps Ghosn’s 30 million euro parachute with government backing
Renault said it had scrapped 30 million euros ($34 million) in deferred and severance pay to former boss Carlos Ghosn, forced out last month following his arrest for suspected financial misconduct at Japanese affiliate Nissan.
Ford recalls almost 1.5 million F-150 pickups in North America for transmission issue
Ford Motor Co on Wednesday said it was recalling about 1.48 million F-150 pickup trucks in North America due to a transmission issue that could increase the risk of a crash.
Johnson & Johnson to buy private robotics firm Auris for $3.4 billion
Johnson & Johnson is buying privately held surgical robotics company Auris Health Inc for about $3.4 billion in cash, the healthcare conglomerate said on Wednesday, as it continues its push into robotics.
Wall St. opens higher on trade deal optimism
U.S. stocks opened higher on Wednesday, buoyed by hopes that the ongoing U.S.-China trade talks could result in an agreement, while benign inflation data did little to change the outlook on interest rates.
Netflix has more than 5 million subscribers in France
Netflix now has more than 5 million subscribers in France, a spokesman for the U.S. video streaming giant said on Wednesday, confirming a report by daily Le Figaro.
Cheaper gasoline restrains U.S. consumer prices
U.S. consumer prices were unchanged for a third straight month in January, leading to the smallest annual increase in inflation in more than 1-1/2 years, which could allow the Federal Reserve to hold interest rates steady for a while.
