Nuclear write-down leaves Toshiba with $3.5-billion loss in third-quarter: Nikkei
TOKYO (Reuters) – Japanese conglomerate Toshiba Corp probably suffered a group net loss of about 400 billion yen ($3.52 billion) in the nine months through December, the Nikkei reported on Sunday.
Defections by Sears, Kmart cap week of controversy for Trump brands
(Reuters) – Trump-branded consumer products have suffered new blows, with U.S. retailers Sears Holdings Corp and Kmart Corp discontinuing online sales of 31 Trump Home items, while new details emerged showing sales of Ivanka Trump’s brand fell in the …
Sales of Ivanka Trump apparel slumped at Nordstrom: WSJ report
WASHINGTON (Reuters) – Nordstrom’s sales of Ivanka Trump’s line of clothing and shoes fell by nearly one-third in the past fiscal year, with sharp drops in sales in the weeks before her father Donald Trump was elected president, the Wall Street Journal…
Disney hikes some U.S. park ticket prices up to 4.9 percent
LOS ANGELES (Reuters) – Walt Disney Co is raising the admission price for its U.S. theme parks by as much as $5 for some single-day tickets starting on Sunday.
Greece says bailout deal close, Juncker says it’s on shaky ground
ATHENS/BERLIN (Reuters) – Greek Prime Minister Alexis Tsipras warned international lenders on Saturday not to heap new burdens on his country but said he believed the drawn-out bailout review with them would end well.
Russia to decide in April-May if global oil deal should be extended: TASS
MOSCOW (Reuters) – Russia will decided in April or May whether an agreement on global oil output cuts between OPEC and non-OPEC producers, set to end on June 31, should be extended, TASS news agency quoted Russian Energy Minister Alexander Novak as say…
Reckitt finalizes deal to buy Mead Johnson for $16.6 billion
(Reuters) – Reckitt Benckiser has agreed to buy U.S. baby formula maker Mead Johnson Nutrition for $16.6 billion, giving the British consumer goods company a new product line and expanding its presence in developing markets.
Ford to invest $1 billion in autonomous vehicle tech firm Argo AI
SAN FRANCISCO (Reuters) – Ford Motor Co plans to invest $1 billion over the next five years in tech startup Argo AI to help the Detroit automaker reach its goal of producing a self-driving vehicle for commercial ride sharing fleets by 2021, the compani…
UAW says it will greet Tesla workers with ‘open arms’
SAN FRANCISCO/DETROIT (Reuters) – The United Automobile Workers union on Friday said it had been approached by workers at Tesla Inc’s Fremont, California, assembly plant, rejecting a charge by the chief executive of the luxury electric car maker that …
Amazon warns that trade protectionism could hurt business
(Reuters) – Amazon.com Inc warned on Friday that government actions to bolster domestic companies against foreign competition could hurt its business, in a possible reference to U.S. President Donald Trump’s “America First” agenda.
