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Sales Slow at Louis Vuitton's Owner as China Sputters
LVMH Moët Hennessy Louis Vuitton, the world’s biggest luxury-goods company, struggled to lure big-spending Chinese consumers back to its boutiques after the end of China’s
Pharmacy Giant Walgreens Taps Tim Wentworth to Be CEO
The incoming chief executive faces a tough challenge, with a core business under pressure due to pharmacy-benefit managers such as his former employer Express Scripts.
U.S., in Chip War with China, Extends Some Allowances for Asian Allies
Chip makers Samsung, SK Hynix and TSMC can maintain their operations in China for the foreseeable future, but significant tech upgrades could prove difficult. Source
Why Nelson Peltz Grew Impatient With Disney's Turnaround Efforts
The activist adds shares, while the company plans changes to ESPN, Hulu and its streaming business. Source link
MGM Resorts Refused to Pay Ransom in Cyberattack on Casinos
MGM Resorts refused to pay a hackers’ ransom demand in a September cyberattack that threw its Las Vegas Strip resorts into chaos, according to a
Modelo Continues to Win Over Bud Light Drinkers
Constellation Brands CEO says the Mexican beer brand has more room for growth. Source link
New This Holiday Season: Discounts on Shipping Packages
UPS and FedEx have loosened pricing as the carriers anticipate a weak peak. Source link
How China's BYD Became Tesla's Biggest Threat
Once a maker of cellphone batteries, the company is in the running to become the world’s No. 1 seller of electric vehicles. Source link
U.S. Car Sales Expected to Increase Again in the Third Quarter
The car market has yet to see an impact from UAW strike-related factory shutdowns. Source link
For Tesla's Cybertruck, Another Sales Launch Date Comes and Goes
The EV maker, known for ambitious goals, is betting customers will stick around for the long-awaited electric pickup. Source link