U.S. auto sales next year expected to be best since 2019
S&P Global, Edmunds and Cox Automotive expect new auto sales to increase year over year by 2.5% or less to achieve the industry's best results...
Merck to develop weight loss pill from Chinese drugmaker in up to $2 billion licensing deal
Merck will pay Hansoh $112 million upfront for rights to the drug, with the potential for an additional $1.9 billion in payments and royalties on...
From trees to decorative chickens, holiday decor could boost retailers as shoppers pull back on gifts
Retailers are trying to capitalize on customers going big on decorating, especially as discretionary spending is still under pressure.
Japan’s Honda and Nissan to reportedly begin merger talks
Nissan and Honda plan to enter into negotiations for a merger to better compete in the rapidly changing automotive industry, the Nikkei newspaper reported.
Grubhub to pay $25 million in FTC settlement over harmful practices against diners, workers
The complaint claims that Grubhub deceived diners about delivery costs and blocked access to their accounts.
Starbucks union votes to authorize strike ahead of this year’s last scheduled bargaining session
In late February, Starbucks and the union announced that they would work on a "foundational framework" on how to reach a collective bargaining agreement.
Walmart employees are now wearing body cameras in some stores
Walmart store associates are now using body cameras in some locations as retailers look to deter theft and make employees safer.
Women’s basketball league Unrivaled secures $28 million in new funding from star-studded investor lineup
Startup basketball league Unrivaled announced on Monday the close of its Series A funding round, raising an additional $28 million before its inaugural season.
From growth to gone: GM’s Cruise robotaxi business is latest growth initiative to falter
The driverless ride-hailing service was supposed to be the shining star of GM's growth plans, leading to $50 billion in revenue by the end of...