CarMax misses profit estimates; monitoring strikes at Detroit Three
By Nathan Gomes (Reuters) -CarMax on Thursday posted a lower-than-expected quarterly profit, hurt by weakening demand for preowned vehicles, sending
2023-09-28 23:18
Exclusive-China's Nio explores investment, tech alliances with Mercedes
SHANGHAI (Reuters) -Nio has held exploratory talks with Mercedes-Benz for a tie-up that would see the German automaker invest in
2023-09-28 22:26
PGA Tour says LIV merger attracts unsolicited investor interest
PGA Tour said its planned merger with Saudi-backed LIV Golf and DP World Tour has garnered unsolicited interest
2023-09-28 22:26
U.S. pending home sales fall more than expected in August
By Amina Niasse NEW YORK Contracts to buy U.S. existing homes fell more than expected in August, tumbling
2023-09-28 22:24
AGCO Corp to acquire $2 billion stake in Trimble unit to boost agri portfolio
By Kannaki Deka (Reuters) -AGCO Corp said on Thursday it would acquire an 85% stake in navigation products maker Trimble's
2023-09-28 21:55
German inflation falls to lowest level since start of Ukraine war
BERLIN (Reuters) -German inflation fell in September to its lowest level since Russia launched its full-scale invasion of Ukraine, signalling
2023-09-28 21:17
Fed's Goolsbee sees risk of 'error in view that low inflation needs high unemployment
By Howard Schneider WASHINGTON The U.S. Federal Reserve may be on the cusp of "something rare" by lowering
2023-09-28 21:17
Norway asks EU regulator to fine Facebook owner Meta over privacy breach
By Gwladys Fouche OSLO (Reuters) -Norway's data regulator will refer the ongoing fine it has imposed on Meta Platforms to
2023-09-28 20:59
Peloton shares soar following a partnership with former foe Lululemon
Peloton and Lululemon, former foes, are teaming up together.
2023-09-28 20:23
Lucara Diamond ends sales deal with trader HB Antwerp
By Brian Benza GABORONE Canada's Lucara Diamond said on Thursday it had ended its gem sales agreement with
2023-09-28 19:29
Trump is attacking electric vehicles. Automakers already bet their future on them
The auto industry has announced more than $100 billion in electric car investments, creating more than 100,000 American jobs. A second Donald Trump presidency could derail the push.
2023-09-28 19:25
Tyson and Perdue under investigation by Department of Labor
The Department of Labor is investigating meat and chicken processors Perdue and Tyson Foods following a New York Times magazine report of minors working at their facilities. Earlier this year, the federal government committed to ratcheting up efforts to root out child labor law violations.
2023-09-28 18:56