2020 Ford MustangAdam Jeffery | CNBCThe last couple of years have been tough for the car market. As SUVs and trucks sell in record numbers, sedans and coupe sales have plummeted.In response, Ford famously announced it would stop making all cars except the iconic Mustang. General Motors later...
France must protect its own interests and jobs in any merger between Renault and Fiat, even though France's stake in Renault would automatically be diluted, French Finance Minister Bruno Le Maire told RTL radio on Tuesday.Le Maire said the French government would seek "four guarantees" on the...
Drugmaker Johnson & Johnson is set to face trial in a multibillion-dollar lawsuit by the state of Oklahoma aimed at pinning the blame for the opioid epidemic on its painkiller marketing.Lawyers for the state and J&J are scheduled to appear on Tuesday in a state court in Norman,...
Guests look at a Tesla Model 3 during a ground-breaking ceremony for a Tesla factory in Shanghai on January 7, 2019.STR | AFP | Getty ImagesTesla is considering pricing its China-manufactured Model 3 vehicles between 300,000 yuan and 350,000 yuan ($43,431-$50,670) before subsidies, Bloomberg reported on Tuesday, citing...
A U.S. court on Friday barred Anheuser Busch InBev, the world's largest beer maker and brewer of Budweiser brand beers, from using parts of its marketing that said rival Molson Coors Brewing's MillerCoors used corn syrup in the production of its light beers.In February, Anheuser Busch aired a...
Fiat Chrysler and Renault, two automakers looking to curb costs producing vehicles and pool resources for developing the next generation of automobiles, are planning a merger to create the world's third largest automaker.According to a statement from Fiat Chrysler Automobiles, the combined business would be owned 50/50 between...
Apple CEO Tim Cook attends China Development Forum 2017 - Economic Summit at Diaoyutai State Guesthouse on March 18, 2017 in Beijing, China.VCG | Getty ImagesCiti cut its forecast for Apple's earnings as the U.S. trade war with China will further hurt iPhone sales in the second half...
Jared KushnerGetty ImagesJared Kushner, senior advisor to the U.S. President, is set to attend this year's Bilderberg Meeting in the Swiss town of Montreux this week.Founded in 1954, the Bilderberg Meeting was designed to foster warmer relations between the United States and Europe. The annual talk-fest is considered...
U.S. President Donald Trump, left, speaks as Shinzo Abe, Japan's prime minister, during a dinner at the Inakaya restaurant in the Roppongi district on May 26, 2019 in Tokyo, Japan.Kiyoshi Ota | Getty Images NewsU.S. President Donald Trump concluded his four-day visit to Japan on Tuesday amid uncertainty...
U.S. stock index futures were slightly higher Tuesday morning, with financial markets on edge as trade worries remain high on investors' list of concerns.At around 02:45 a.m. ET, Dow futures rose 47 points, indicating a positive open of more than 82 points. Futures on the S&P and Nasdaq...