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Merger would have been the largest supermarket deal in history
Investors are punishing automakers' stocks this week after second-quarter earnings reports exposed industrywide issues of slowing sales and high prices, just as the companies are having to spend huge sums to make new electric and gas vehicles. Ford Motor Co., which reported a drop in second-quarter earnings due electric-vehicle losses and persistently high warranty costs, led the declines. Carlos Tavares, CEO of Jeep and Ram maker Stellantis, said a significant auto-industry storm he's been warning about for several years has arrived.
A Peoria Heights restaurant received a warning from the Peoria City/County Health Department.
The judge who found Donald Trump liable for fraud and ordered the former president to pay $454 million said he will not recuse himself from the case.
Southwest Airlines is planning to introduce assigned seating and premium upgrades next year, as part of a "cabin monetization project" to improve its financial performance and offer more options for customers.
Several shell companies using the address of a seemingly unused office near Hong Kong's financial district have sent millions of dollars worth of banned chips to sanctioned Russia.
WASHINGTON (Reuters) -Boeing is asking suppliers to disclose records on Chinese titanium since 2014, according to a letter seen by Reuters, as the U.S. planemaker widens checks for false paperwork used to authenticate the metal used in commercial jets. Regulators said in June they were investigating whether false or incorrect documents were used to identify the authenticity of titanium used for parts in some Boeing and Airbus jets. Airbus said it is collaborating with authorities and investigating the lack of proper traceability affecting a small number of titanium parts from suppliers to programs like the A220, A320 and A350.
The world's largest air show fizzled out on Thursday with a solid new Saudi jetliner order unable to dispel the gloom over recent problems in producing planes fast enough to meet demand. Britain's Farnborough Airshow opened earlier this week amid alarm signals from airlines over falling yields or average fares. Airbus and Boeing posted about 40 firm orders - a fraction of recent years - and were roughly level depending on whether Qatar Airways' decision to come forward as the previously unnamed buyer for an existing Boeing order was counted.
NEW DELHI (Reuters) -The CEO of Diageo's Indian business has been summoned by New Delhi anti-corruption police investigating billing and discount practices involving government agencies running liquor retail shops between 2017 and 2020, according to a source and a police notice seen by Reuters. Hina Nagarajan, the CEO of United Spirits, has been asked to appear before police on Friday and provide several documents related to company sales, according to a confidential July 4 police notice to the CEO seen by Reuters. Nagarajan, who is also a member of United Spirits majority-owner Diageo's global executive committee, did not respond to Reuters requests for comment.
With so many models and options on the market, choosing the right car for your money isn't easy. The wrong choice leaves you trapped in a money pit, draining your finances with repair costs, poor gas...
Multiple studies show that staying active later in life can improve your longevity and quality of life. One study, as reported by Harvard Health Publishing, found that people who worked past the age...
Fast food might seem like a lucrative business, but it's a competitive environment. These chains look like they may struggle to survive past 2024.
Richard Montañez has hit back at Frito-Lay’s claims he didn’t invent spicy snack in new defamation lawsuit
The bundle, plans for which were announced in May, would help customers save up to 38% compared to the cost of signing up for each of the streaming services separately, the companies said. Media companies have been building out their own streaming services amid widespread cord-cutting - where consumers ditch traditional cable packages in favor of internet-based services - flooding the market with dozens of individual options. Disney+ and Hulu are already available through a single app.
If you're planning to retire this year or within the next five years, chances are you'll be reviewing whether you should keep your current vehicle or invest in a new car. The car you buy needs to be...
Dreaming of a comfortable retirement is something most Americans share. But how much cash do you need to make those golden years truly golden? According to a recent survey by Northwestern Mutual, the average person thinks they’ll need $1.46 million. That’s a pretty hefty goal post! While a million bucks has long been the retirement savings target, the truth is that many people are starting from scratch. But what about those who’ve saved a substantial chunk of change? Let’s talk about the $500,00
Apple has fallen out of the top 5 ranking of smartphone vendors in China, according to data trackers, marking the first time in years the iPhone maker has fallen so low in one of its most important markets. iPhone shipments in China in the three months ended June declined 2 per cent year on year, bumping Apple down to No 6 on Canalys' list of top vendors by shipments, putting it behind Vivo, Oppo, Honor, Huawei Technologies and Xiaomi, according to a report from the market research firm on Thurs
German car parts manufacturer ZF said Friday it would cut a fifth to a quarter of jobs in Germany as it struggled with the switch to electric vehicles and foreign competition.The switch to electric vehicles was eating away at demand for "transmissions for conventional and hybrid vehicles", an area where German suppliers have traditionally excelled, it said.
The profit-reporting season for oil and gas companies started out in a downbeat mood, but things could be starting to shift.
There are many approaches to buying a new -- or new to you -- car. Some people prefer to plan carefully, researching makes and models well in advance, giving heavy credence to reviews. Others? Well,...