Business

3 major automakers side with Trump in legal fight with California

It also poses a risk for automakers if a Democrat wins the White House in next year's election and reverses Trump's actions, and also reinstates California's right to set its own rules and tougher national emissions standards adopted by President Barack Obama.

Business

China's state media warns on blockchain frenzy that President Xi started

Xi said China will increase investment in blockchain technology after chairing a study session last week on developing the industry, state-owned Xinhua reported late Friday. Meanwhile, this past week, Facebook's Mark Zuckerberg, who was savaged by USA senators over his plans for a bitcoin rival dubbed Libra , warned that Chinese superiority in the digital currency space could put the US dollar at risk.

Business

Fiat Chrysler in talks with France's PSA over tie-up

Fiat Chrysler shares rose sharply after the report and were up more than 7% in late afternoon trading. A merger of the two groups would bring under one roof Alfa Romeo, Chrysler, Citroen, Dodge, DS, Jeep, Lancia, Maserati, Opel, Peugeot and Vauxhall.

Business

Virgin Galactic launches (on the New York Stock Exchange)

SCH took on a minority share of the merged company, known as Virgin Galactic Holdings and traded on the New York Stock Exchange under the ticker symbol SPCE. The completion of this merger and trading as a public company are the next milestones on the path towards building a thriving commercial service business and investing appropriately for the future.

Business

Popeyes Reveals Return Date Of New Chicken Sandwich: Sunday, November 3, 2019

Popeyes' highly anticipated (and ridiculed and sexy ) chicken sandwich , which sold out just two weeks after its debut, is officially returning to stores in early November. That said, not even Popeyes predicted the frenzy. But it wasn't until rival chicken chain Chick-fil-A tweeted support for its own sandwich - and Popeyes took them down in a tweet of its own - that the " chicken sandwich wars " truly began.

Business

World Bank counts Pakistan among most improved in Doing Business

Some 115 of 190 economies made it easier to do business, though progress has been uneven: The top 50 include no Latin American economies and just two African nations. The economies that showed the most notable improvement were Saudi Arabia, Jordan, Togo, Bahrain, Tajikistan, Pakistan, Kuwait, China, India and Nigeria , according to the report.


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