IKEA targets home delivery by electric vehicle in five major cities by 2020
IKEA Group, the owner of most IKEA stores worldwide, said on Friday all its home deliveries in the inner cities of Amsterdam, Los Angeles, New York, Paris and Shanghai would be made by electric vehicles or through other zero-emission means by 2020.
IKEA targets home delivery by electric vehicle in five major cities by 2020
IKEA Group, the owner of most IKEA stores worldwide, said on Friday all its home deliveries in the inner cities of Amsterdam, Los Angeles, New York, Paris and Shanghai would be made by electric vehicles or through other zero-emission means by 2020.
L Brands to close all Henri Bendel stores, website
Victoria’s Secret owner L Brands Inc on Thursday said it would close all 23 of its Henri Bendel stores and the Henri Bendel e-commerce website in January.
Volkswagen to end production of the Beetle next year
Volkswagen said on Thursday it would stop producing its Beetle compact car in 2019, ending a model that looked backward to the 1960s counterculture as the automaker prepares for a leap toward a future of mass-market electric cars.
FDA move on e-cigarettes means new risks for Fidelity funds
Fidelity Investments’ bet on a privately held maker of e-cigarettes faces new risks after U.S. health regulators on Wednesday said they are considering a ban on flavored versions of the popular “vaping” products.
SEC rescinds guidance that bolstered proxy advisers
The U.S. Securities and Exchange Commission handed public companies a procedural victory on Thursday in their efforts to reduce the influence of proxy advisory firms, rescinding a pair of staff letters that critics said encouraged mutual funds to rely …
Wall Street rises with Apple, easing trade concerns
Apple led a rebound in technology shares and boosted all three major U.S. stock indexes on Thursday, while trade worries eased after China welcomed new talks with the United States.
Trade hopes and Turkey rate hike feed the bulls
Signs of movement in the U.S.-China trade stand-off and an interest rate hike in emerging market trouble-spot Turkey sent an index of global stocks higher on Thursday as risk appetite returned.
U.S. lawmakers ask Google if it will rejoin Chinese market
A bipartisan group of U.S. lawmakers on Thursday asked Alphabet Inc’s Google if it will re-enter the Chinese search engine market and if it would comply with China’s internet censorship policies upon its return.
UPS plan to boost business shipping falls short with investors
United Parcel Service Inc is doubling down on shipments between businesses as part of a $20 billion overhaul aimed at automating its facilities and offsetting the profit squeeze from lower-profit home deliveries from large retailers like Amazon.com .
