Canadian Prime Minister Justin Trudeau on Monday expressed his “deep disappointed” in General Motors Co’s decision to close its Oshawa plant, a move Canadian officials only learned about on Sunday and which led workers to walk off the job on Monday.
U.S. stocks rebounded on Monday after two bruising weeks, as investors bought into beaten down sectors such as energy and financials, while retailers gained on hopes of blockbuster sales on the largest online shopping day of the year.
Deutsche Telekom will win unconditional EU antitrust approval to buy Tele2’s Dutch business, sources familiar with the matter said on Monday, sending telecoms shares higher on hopes of more flexible regulation on consolidation.
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 the spending plans that have fueled tensions with the European Union.
U.S. Supreme Court justices on Monday appeared open to letting a lawsuit proceed against Apple Inc that accused it of breaking federal antitrust laws by monopolizing the market for iPhone software applications and causing consumers to overpay.
Cyber Monday was on track to bring in a record $7.8 billion in U.S. online sales, but will also test the limits of retailers’ e-commerce operations as millions of shoppers scour for steep discounts on everything from Lego sets to big-screen TVs.
The Canadian province of Ontario, keen to avert the closure of General Motor’s Oshawa plant, was told by the automaker that there was nothing it could do to prevent it, premier Doug Ford said on Monday.
Fiat Chrysler (FCA) is expected to commit to producing a raft of new models in Italy, including Jeeps and an Alfa Romeo SUV, union sources said, as the carmaker strives to fill underutilized plants and lift profit margins in Europe.
General Motors Co will cut car production, stop building several slow-selling models, and slash its North American workforce, its biggest restructuring in North America since its bankruptcy a decade ago.
Esprit Holdings Ltd will cut about 40 percent of its non-store jobs and reduce the number of products its sells in stores as the fashion group restructures in the wake of tough competition from online and fast-fashion retailers.
U.S. stocks gained on Monday, helped by shares of retailers on expectations of blockbuster sales on the largest online shopping day of the year, and as technology shares rose after taking a beating last week.
Cyber Monday online shopping frenzy kicked off with retailers offering a slew of discounts and free shipping, testing the limits of their e-commerce operations as they take millions of orders across the country.
InnerScope reports profitable quarter and progress in its online Hearing Aids Sales through Walmart.com and other Direct-to-Consumer sales platforms ROSEVILLE, Calif., Nov 26, 2018 –InnerScope Hearing Technologies Inc. (OTCQB:INND), a manufacturer and distributor of hearing […]
General Motors Co will cut car production, stop building several low-selling car models, and slash its North American workforce, sources said on Monday, marking its biggest restructuring in North America since its bankruptcy a decade ago.
Oil rose above $60 a barrel on Monday, recovering some of the previous session’s near-7 percent fall, although uncertainty over global economic growth limited the gains.
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