WASHINGTON — A powerful government panel on Monday failed to reach consensus on the possible national…
Mergers and acquisitions
Nissan, Honda announce plans to merge, creating world’s No. 3 automaker
TOKYO — Japanese automakers Honda and Nissan have announced plans to work toward a merger that…
Nordstrom to be acquired by Nordstrom family and Mexican retail group for $6.25B
Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members…
Big Lots conducts going-out-of-business sales after sale of company falls through
NEW YORK — Discount chain Big Lots is conducting going–out-of-business sales at its remaining locations after…
Nissan, Honda confirm talks on closer collaboration but say there’s been no decision on a merger
BANGKOK — Japanese automakers Nissan Motor Corp. and Honda Motor Co. confirmed Wednesday that they are…
Companies from UK, Italy and Japan to form joint venture for new fighter jet
LONDON — The three companies building a next generation fighter jet for the U.K., Italy and…
Trump says he’ll name Andrew Ferguson head of FTC and Kimberly Guilfoyle as ambassador to Greece
WASHINGTON — President-elect Donald Trump made another flurry of job announcements on Tuesday, selecting Andrew Ferguson…
Losses in China lead to $5Bn charge for General Motors as it cuts assets value
DETROIT — The poor performance of General Motors’ Chinese joint ventures is forcing the company to…
Trump vows to block Japanese steelmaker from buying US Steel, pledges tax incentives and tariffs
HARRISBURG, Pa. — President-elect Donald Trump is underscoring his intention to block the purchase of U.S.…
General Motors to sell its stake in Lansing, Michigan, battery factory to LG Energy Solution
DETROIT — General Motors has reached an agreement to sell its stake in a nearly completed…