Cyber Monday on track for U.S. online shopping record
Cyber Monday was on track to bring in a record $7.9 billion in U.S. online sales, as millions of shoppers scoured for steep discounts on everything from Lego sets to big-screen TVs.
Trump wants GM to halt car production in China: WSJ
U.S. President Donald Trump told the Wall Street Journal on Monday that General Motors Co should stop making cars in China and make them in the United States instead.
World stocks rise on politics and holiday retail hopes
U.S. stocks rose on Monday, fueled by gains in retailer shares during a prime holiday shopping period, while European stocks rallied after signs that Italy was preparing to rework spending plans that have fueled tensions with the European Union.
GM says no plans at the moment to announce plant closures outside North America
General Motors in Brazil will not announce plans to close plants outside North America “at this moment”, a representative for the company said on Monday.
Microsoft’s stock market value catches up with Apple
Just four months after Apple Inc breached the $1 trillion mark, the iPhone maker has lost its lead as Wall Street’s most valuable company and is on the verge of being replaced by Microsoft Corp .
Wall Street bounces back as holiday shoppers log on
Wall Street rebounded on Monday as buyers returned in force after last week’s sell-off and expectations of a flurry of holiday cyber-spending drove up shares of online retailers.
Exclusive: Argentina says it is close to inking a beef deal with U.S.
(The Nov. 26 story corrects source of quote in eleventh paragraph to Bill Bullard, the CEO of R-CALF USA, not U.S. Meat Export Federation spokesman Joe Schuele)
StanChart planning to simplify structure to curb costs: Bloomberg
Standard Chartered Plc is considering simplifying its structure as it looks to curb costs across its networks from Zambia to Macau, Bloomberg reported https://bloom.bg/2P3jiBW on Monday, citing sources.
GM CEO to meet with White House adviser after job cuts announcement: sources
General Motors Co chief executive Mary Barra is set to meet with White House economic adviser Larry Kudlow on Monday, hours after the company announced plans to shutter five North American plants and slash thousands of jobs, two people briefed on the m…
Factbox: GM North America plant shutdowns could hit nearly 6,000 workers
General Motors Co’s plan to close three North American assembly plants and two transmission plants next year could affect nearly 6,000 workers, according to data on GM’s media website.
