Posts From King World News
Volkswagen (VOWG_p.DE) named Daimler manager Christine Hohmann-Dennhardt on Friday to the newly created post of board member for integrity and legal affairs, as it strives to recover from the scandal over its cheating of diesel emissions tests. Europe’s biggest carmaker said Hohmann-Dennhardt, who has held the same position at German rival Daimler (DAIGn.DE) since 2011, would start her new job on Jan. 1, 2016. VW also said group sales fell
U.S. manufacturing production fell for the second straight month in September as factories cranked out fewer appliances, computers, and electronics. Factory output declined 0.1 percent, the Federal Reserve …
The U.S. conglomerate, which is pulling back from financial services, also said third-quarter industrial revenue grew 4 percent, excluding the impact of foreign currency swings and acquisitions. The company maintained its profit forecast for its core industrials segment of $1.13 to $1.20 per share for the full year. On another positive note for shareholders, GE said it expects to retire as much as 7 percent of its outstanding floated shares
The offer, a vote of confidence in China’s economy by Alibaba’s Jack Ma, is the latest in a string of U.S.-listed Chinese companies being taken private by big shareholders. The e-commerce giant already owns 18.3 percent of Youku Tudou, having bought into the company in mid 2014 as part of its push into online video.
Honeywell International Inc , a U.S. manufacturer of aerospace parts and climate control systems, reported a better-than-expected quarterly profit as costs fell. The company, whose customers include Airbus …
Amazon.com Inc (AMZN.O) could emerge as the biggest winner from one of India’s most important festive – and shopping – seasons, after the e-tailer offered steep discounts, swift delivery and even gold bars to grab market share. The month-long festive season, which began on Monday, culminates in Diwali, or the Festival of Lights, but the first nine days are considered an especially auspicious time to make big purchases. Analysts say
T-Mobile US Inc. said Friday that it is shifting its listing from the New York Stock Exchange to the Nasdaq. The change is effective on Oct. 26 after the market closes. The wireless carrier, based in Bellevue, …
When Doug The Pug is involved, anything the canine touches turns to gold—including Fall Out Boy’s latest music video. The four-legged 3-year-old self proclaimed “King…
James Corden is a dreamer—a daydreamer, that is. The Late Late Show host couldn’t get it together Thursday, when Matt Bomer and Cindy Crawford stopped by his show. Obviously…
The Year of Amy Schumer just keeps getting better… She’s already seen a successful film with Trainwreck, snagged an Emmy Award for her work on Inside Amy Schumer and become…
