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Sales Slow at Louis Vuitton's Owner as China Sputters
Business

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
Business

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
Business

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

MGM Resorts Refused to Pay Ransom in Cyberattack on Casinos
Business

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
Business

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
Business

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
Business

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
Business

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
Business

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