US Business

Kering said the deal is part of a real-estate strategy that aims to secure retail locations for its brands, while enhancing financial flexibility.

The suit was filed in federal court in Florida.

The sum marks the U.S. auto industry’s biggest reckoning to date that it can’t realize its EV ambitions anytime soon.

Detroit wants to make money on big, gasoline-powered cars today while also keeping up with Chinese EV competitors.

James Dempsey steps into the role of interim chief executive officer effective immediately.

iRobot says that customer service and app functionality won’t be disrupted despite the restructuring.

The Chinese state-owned miner has won the support of SolGold’s board after making a revised bid that values U.K.-listed company at $1.13 billion

The rocket-and-satellite maker will interview bankers this week to advise it on its initial public offering

Teneo’s annual survey finds 68% of chief executives plan to increase AI spending in 2026.

Disrupted shipments shrank profits as the company that sells the toys to U.S. retailers awaited the outcome of trade talks.