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Europe Markets: German stocks lead Europe higher after upbeat data as U.S. equity futures steady
European stocks were a mixed bag on Wednesday, with the German DAX climbing after better-than-expected growth data, while the FTSE 100 index was dragged south as heavily weighted HSBC fell on news out of Hong Kong......»»
Germany"s Auto Safety Watchdog Investigating Tesla Touchscreen Failures
German motor vehicle authority Kraftfahrt-Bundesamt is looking into safety risks related to touchscreen displays in Tesla Inc (NASDAQ: TSLA) cars, Reuters read more.....»»
Health screeners, personal shoppers top Payscale"s 2020 job growth list
Job gains in transportation and warehousing, healthcare and professional services have helped lower the U.S. unemployment rate to less than 7%, according to the U.S. Department of Labor — and new data from PayScale shows which jobs grew the fas.....»»
This year’s online shopping rush is great for e-commerce and bad for last-minute shoppers
E-commerce has crammed more than two years of growth into a year, causing major growing pains as shipping networks, warehouses and supply chains rush to keep up with demand......»»
Ford"s China ventures saw sales growth in April as market rebounds
U.S. automaker Ford Motor Co's two ventures in China have reported year-on-year sales growth for April, indicating the world's biggest auto market has started its recovery from coronavirus-induced lows......»»
Target’s soaring online growth suggests scared shoppers may not return when malls and department stores reopen
Shoppers are concerned about staying safe from COVID-19 and their financial health, which will affect their willingness to go back to department stores and malls......»»
How grocery stores have fared during the pandemic
Grocery stores in dozens of states have seen a surge of shoppers searching for supplies and stockpiling food, and those in eight states have had over 50% sales growth year over year......»»
P&G sees best U.S. sales in decades as shoppers stock up
Procter & Gamble Co beat Wall Street expectations for quarterly profit on Friday as it reported its best U.S. sales growth in decades thanks to consumers stockpiling cleaning essentials in lockdowns against the coronavirus......»»
European stocks jump at the open, rising nearly 2% on data showing slowing virus cases
European stocks jumped at the start of trade on Monday on data showing slowing growth of both new coronavirus cases and the fatalities globally, with the German DAX.....»»
UPS Seeks To Accelerate Growth Of Drone-Delivery
United Parcel Service (NYSE: UPS) has announced a collaboration with Wingcopter, a German-based electric vertical take-off and landing (VTOL) aircraft startup, to scale up its drone delivery operations in the U.S. read more.....»»
Feed the hamster: German retailer asks students to restock shelves
A German supermarket chain called on Monday for students whose universities have shut due to the coronavirus crisis to help it refill its shelves after shoppers stockpiled many essential goods, known as "hamstering" in German......»»
ProSieben"s e-commerce arm buys Meet Group for $500 million
ProSiebenSat.1 Media said on Thursday its e-commerce arm NuCom would buy U.S. dating app developer Meet Group Inc , as the German broadcaster doubles down on digital growth to offset its declining commercial TV franchise......»»
BAE Systems predicts 2020 growth despite Saudi ban
Britain's BAE Systems forecast another year of growth in 2020, saying the company was well-placed to take advantage of increased defence spending that could help to offset any future impact from a German ban on arms exports to Saudi Arabia......»»
Europe Markets: European stocks struggle as coronavirus cases rise and German growth stagnates
European stocks struggled for traction on Friday as investors continue to grapple with how to read sharply rising coronavirus cases out of China, and as German data showed a stagnation in growth......»»
German economy stagnated in fourth quarter
There was zero growth in the fourth quarter and a mediocre 0.6 percent increase for the whole year.....»»
Macy"s is turning its back on the mall and focusing on off-price stores and trendy lifestyle concepts to win over millennial shoppers
Courtesy of Macy's Macy's unveiled a three-year turnaround plan to cut costs and boost growth on Tuesday. Its CEO, along with other executives, gave an in-depth description of the plan during Macy's investor day o.....»»
U.S. data point to moderate economic growth, tightening jobs market
U.S. retail sales increased for a third straight month in December, with households buying a range of goods even as they cut back on purchases of motor vehicles, suggesting the economy maintained a moderate growth pace at the end of 2019......»»
U.S. retail sales rise steadily; labor market tightening
U.S. retail sales increased for a third straight month in December, with households buying a range of goods even as they cut back on purchases of motor vehicles, suggesting the economy maintained a moderate growth pace at the end of 2019......»»
U.S. retail sales rise steadily; weekly jobless claims fall
U.S. retail sales increased for a third straight month in December, with households buying a range of goods even as they cut back on purchases of motor vehicles, suggesting the economy maintained a moderate growth pace at the end of 2019......»»
Dow Jones Newswires: Whitbread sales rise and says German growth on target
Whitbread said that weak business and leisure confidence continued in the U.K., but added that it was partially offset by the strength of the central London market, where it said it outperformed......»»