Surging gasoline prices boost U.S. producer inflation
WASHINGTON (Reuters) – U.S. producer prices rebounded in August, driven by a surge in the cost of gasoline, and there were also signs of a pickup in underlying producer inflation.
Comcast to launch new platform in push for business customers
NEW YORK (Reuters) – Comcast Corp, the largest U.S. cable provider, on Wednesday launched a new business application and platform with faster connections in its push to boost sales to commercial customers as more consumers drop traditional cable servic…
Target increases holiday season hiring to 100,000 workers
(Reuters) – Target Corp said on Wednesday it would hire about 100,000 workers for the holiday season, a 43 percent increase from last year, after keeping seasonal hiring flat for the last four years.
Europe needs to raise its game in car batteries: VW brand chief
FRANKFURT (Reuters) – Volkswagen wants German and European industry to come together to help create a regional supplier of electric car batteries to provide competition to Asian manufacturers, the head of its core autos division told Reuters.
Target to hire 100,000 workers for holiday season
(Reuters) – Target Corp said on Wednesday it would hire about 100,000 workers for the holiday season, a 43 percent increase from last year, after keeping seasonal hiring flat for the last four years.
Futures dip with Apple
(Reuters) – U.S. stock index futures dipped on Wednesday as Apple fell on concerns about the price and shipping date of the new iPhone X and as North Korea showed a trademark defiance over new U.N. sanctions.
Northern Ireland leaders appeal to VP Pence on Bombardier challenge
BELFAST (Reuters) – A dispute between Boeing Co and Canadian rival Bombardier that risks thousands of jobs in Northern Ireland could impact peace in the region, the leaders of its two main parties warned U.S. Vice President Mike Pence.
HSBC’s incoming chairman set to face CEO succession questions
LONDON (Reuters) – Mark Tucker, the incoming chairman of HSBC , will likely face questions over who will take over as CEO when he meets investors in Europe’s biggest bank ahead of taking up his post at the lender in October.
Viacom’s MTV sees first summer ratings growth in six years
(Reuters) – Viacom Inc’s MTV network had its first summer of ratings growth in six years, the network told Reuters this week, a sign that the company is seeing progress wooing back coveted younger viewers who watch shows online.
VW wants European industry to back push for EV battery cells
FRANKFURT (Reuters) – Volkswagen wants industrial players in Germany and Europe to help shoulder the costs for battery technology needed to power carmakers’ electric-vehicle offerings, the head of its core autos division said.
