Most of BMW’s 550 independent car dealerships are unwilling to accept new terms set by the carmaker and are threatening to ignore an end-September deadline, Sueddeutsche Zeitung reported on Wednesday.
Nike Inc beat Wall Street estimates for first-quarter profit on Tuesday, but a small rise in gross margins was not enough for some investors and analysts, who drove down shares of the sportswear giant by 3 percent after hours.
Raytheon Co has been awarded a $1.5 billion modification to a contract for the sale of Patriot missile systems to Poland, the Pentagon said in a statement on Tuesday.
Energy stocks climbed on Tuesday as oil prices surged above $81 a barrel, but U.S. shares ended lower as chipmakes fell on ratings downgrades and rate-sensitive shares lost ground ahead of an expected Federal Reserve interest rate hike.
Doughnut lovers took to social media on Tuesday to decry a decision by Dunkin’ Donuts to drop its signature product from its name, an effort by the brand now known simply as Dunkin’ to highlight a wider array of menu items and appeal to a younger generation.
Deutsche Bank has looked at a theoretical scenario of merging with UBS, the German business daily Handelsblatt reported, citing people familiar with the matter.
The S&P 500 fell on Tuesday as chipmakers were dented by ratings downgrades and utilities declined ahead of an expected Federal Reserve interest rate hike, offsetting a boost from the energy sector.
Nike Inc beat analysts’ estimates for first-quarter revenue on Tuesday, as new launches of footwear and apparel fueled sales in North America.
Apple Inc shaved some parts from the display in its largest new iPhone, helping keep costs under control in what has become the priciest component of its phones in recent years, according to a new cost analysis of the device.
The Dow and S&P 500 ended lower on Tuesday as a boost from the energy sector and strong consumer confidence data was offset by losses in chipmakers and utilities ahead of an expected Federal Reserve interest rate hike.
Oil prices rose Tuesday on global supply concerns following U.S. sanctions on Iran’s oil exports, with benchmark Brent surging to a four-year high, then retraced gains to settle just slightly higher after U.S. President Donald Trump called again on OPEC to boost crude output.
U.S. stocks were mixed on Tuesday as a boost from the energy sector and strong consumer confidence data helped offset losses in chipmakers and utilities ahead of an expected Federal Reserve interest rate hike.
Michael Kors’ swoop on Versace leaves a shrinking universe of fashion brands determined to go it alone and fend off luxury empire builders, raising the pressure on those struggling financially to lift sales or sell out.
Dunkin’ Donuts said on Tuesday it plans to rebrand itself as “Dunkin'” as part of new CEO Dave Hoffman’s plans to bring beverages and breakfast meals to the forefront of the restaurant chain’s menu.
U.S. stocks were flat on Tuesday as the boost from energy sector and strong consumer confidence data helped offset losses in chipmakers and rate-sensitive shares ahead of an expected Federal Reserve interest rate hike.
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