RSS What’s happening in the business world.

  • Kohl's to accept Amazon returns in 82 stores September 19, 2017
    (Reuters) - Department store operator Kohl's Corp said it would accept returns of select items bought from Inc at some of its stores in Los Angeles and Chicago, expanding its partnership with the ecommerce giant.
  • Wall St. edges up on telecom gains; Fed meet in focus September 19, 2017
    (Reuters) - U.S. stocks edged up in early afternoon trading on Tuesday, helped largely by gains in telecom stocks, but traded in a narrow range as investors stayed away from making major bets ahead of the Federal Reserve's policy meeting.
  • Fiat Chrysler recalls 494,000 pickup trucks for fire risk September 19, 2017
    WASHINGTON (Reuters) - Fiat Chrysler Automobiles NV said Tuesday it will recall 494,000 medium and heavy-duty Ram pickup trucks worldwide because of a water pump that could overheat and potentially cause a fire.
  • Tesla shares fall from record high after warning from analyst September 19, 2017
    SAN FRANCISCO (Reuters) - Shares of Tesla fell from record highs on Tuesday after an analyst warned that the electric car maker may take longer than expected to become profitable.
  • Massachusetts sues Equifax for not protecting state residents September 19, 2017
    (Reuters) - Massachusetts Attorney General Maura Healey filed a lawsuit on Tuesday against credit reporting firm Equifax Inc following a breach that exposed the personal data of as many as 143 million people, including 3 million in the state.
  • Bayer says needs more time for Monsanto deal approval September 19, 2017
    MONHEIM, Germany (Reuters) - German drugs and pesticides group Bayer said on Tuesday it was now likely to be early next year before it can complete its $66 billion deal to acquire U.S. group Monsanto , later than previously expected.
  • Walgreens gets regulatory nod for slimmed-down Rite Aid deal September 19, 2017
    (Reuters) - U.S. antitrust regulators have allowed a slimmed-down deal for drugstore chain Walgreens Boots Alliance Inc to buy about 42 percent of Rite Aid Corp's U.S. stores for $4.38 billion, Walgreens said on Tuesday.
  • Toys 'R' Us seeks bankruptcy to survive retail upheaval September 19, 2017
    (Reuters) - Toys 'R' Us Inc, the largest U.S. toy store chain, which filed for bankruptcy late Monday, will ask a judge on Tuesday for permission to borrow money so that it can start paying suppliers to ensure it has Lego building blocks and Barbie dolls for the holiday season.
  • T-Mobile, Sprint in merger talks: CNBC September 19, 2017
    (Reuters) - U.S. wireless carriers T-Mobile US Inc and Sprint Corp are said to be in active merger talks, CNBC reported on Tuesday, citing sources.
  • Volvo Cars plans U.S. plant expansion, doubling investment: source September 19, 2017
    STOCKHOLM (Reuters) - Volvo Cars is doubling investment in its first U.S. plant under construction to add a second production line at a total cost of $1 billion, a source with knowledge of the plans said, as the carmaker heads for a fourth straight year of record sales.