Target Corp reported third-quarter earnings and comparable sales below estimates on Tuesday at a time when a strong economy has boosted consumer spending at rival retailers, sending its shares down 7 percent in premarket trade.
Lowe’s Cos Inc said on Tuesday it was looking to shed its retail operations in Mexico and certain non-core U.S. businesses as the country’s second-biggest home improvement chain strives to compete with rivals including Home Depot.
U.S. stock futures dropped by up to 1 percent on Tuesday as a technology rout in the previous session sparked by concerns over iPhone sales sapped investors’ appetite for high-growth companies.
FedEx Corp said on Tuesday it plans to expand its fleet in the United States by adding 1,000 Chanje electric delivery vans.
Department store operator Kohl’s Corp reported better-than-expected quarterly same-store sales on Tuesday, benefiting from its revamped stores and merchandise as well as its partnerships with Amazon.com and Under Armour .
Google will invest almost $700 million in a Danish data center powered by the abundant green energy that underpins power-
CVS Health Corp said on Tuesday that it expects to close its $69 billion purchase of health insurer Aetna Inc after the Thanksgiving holiday.
Lowe’s Companies Inc said on Tuesday it was looking to shed its retail business in Mexico and certain non-core U.S. businesses as the home improvement chain looks to compete more effectively with rivals in the United States.
The alliance of carmakers Renault, Nissan and Mitsubishi will be difficult to manage without chairman Carlos Ghosn, who is facing financial misconduct allegations in Japan, Mitsubishi Motors Chief Executive Osamu Masuko said on Tuesday.
Singapore authorities are investigating Noble Group Ltd for suspected false and misleading statements, just days before the Singapore-listed company was to complete its $3.5 billion debt restructuring deal to prevent its collapse.
Bitcoin tumbled as much as 10 percent on Tuesday to below $4,500 , bringing the world’s best-known cryptocurrency’s losses to 30 percent within a week as a selloff in digital currencies intensified across the board.
Benchmark oil prices fell on Tuesday, set to snap a four-day winning streak amid concerns about rising global supplies as OPEC weighs production cuts.
France moved on Tuesday to oust Carlos Ghosn from the helm of Renault a day after his arrest in Japan on financial misconduct allegations, but sought to defend the carmaker’s alliance with Nissan, which has been rocked by the scandal.
Japan was shocked by news that Nissan Motor Co Chairman Carlos Ghosn, who was widely respected for rescuing the car maker from near bankruptcy, was arrested on Monday for alleged financial misconduct.
World stock markets fell on Tuesday as worries over softening demand for the iPhone prompted a tech stock selloff across the world, while the arrest of car boss Carlos Ghosn pulled Nissan and Renault sharply lower.
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