Audi to cut 9,500 jobs by 2025: source
Volkswagen's luxury car unit Audi is planning to cut 9,500 jobs by 2025, a person close to the matter said.
Volkswagen's luxury car unit Audi is planning to cut 9,500 jobs by 2025, a person close to the matter said.
London Stock Exchange shareholders met on Tuesday to vote on the exchange's $27 billion takeover of analytics and data company Refinitiv, a deal designed to broaden LSE's trading business and make it a major distributor of market data.
Oil prices rose on Tuesday on hopes of progress toward a trade agreement between the United States and China, the world's biggest oil users, and predictions of a draw on U.S. crude inventories.
Volkswagen's luxury car unit Audi has agreed to give employment guarantees until 2029 in its home-market Germany, two people close to the matter said.
"If you get two or three BBB-credit downgrades to BB or B, that could lead to a rapid widening in credit spreads," Kaplan warned.
Kids pick up on their parents' anxiety, says wellness expert Mallika Chopra. Here's how to help them cope.
Abercrombie & Fitch Co reported a better-than-expected 3% rise in same-store sales at its flagship brand on Tuesday, but said tariffs would hurt gross profit in the current quarter.
Dollar Tree Inc on Tuesday forecast holiday-quarter profit below Wall Street expectations, as the discount store operator expects a hit from U.S. tariffs on Chinese imports, sending its shares down about 8% before the opening bell.
Here are the biggest calls on Wall Street on Tuesday.
London Stock Exchange shareholders overwhelmingly backed the exchange's $27 billion takeover of data and analytics company Refinitiv on Tuesday, a deal designed to broaden LSE's trading business and make it a major distributor of market data.
If clients don't get their Medicare enrollment decision right, they could face costly penalties or higher medical expenses. Here's what advisors need to keep in mind — and when they might want to loop in third-party expertise.
Wall Street stocks have leap-frogged over a host of concerns, including a stall in corporate earnings and political controversy in Washington, on their way to record highs this month.
The Financial Brand | Jim Marous The banking industry has enabled alternative providers to impact the competitive balance for payments, investments and deposits. By not developing customer-centric digital lending platforms, traditional lenders have now also allowed digital players to steal significant loan customers. Most traditional financial institutions associate PayPal with being a significant player in
The U.S. goods trade deficit fell sharply in October as both exports and imports declined, pointing to a continued reduction in trade flows that has been blamed on the Trump administration' "America First" policy.
Xerox Corp said on Tuesday it was planning to take its $33.5 billion buyout bid directly to HP Inc shareholders after the personal computer maker refused to open its books for due diligence before a deadline.