London-based web fashion firm Net-a-Porter agreed to merge with Italian online retailer Yoox Group, according to an announcement on Tuesday.
DETROIT: Tesla Motors says it will reveal a new product next month, but it's not a car. CEO Elon Musk tweeted Monday that "a major new Tesla product line'' will be revealed April 30.
After an oil tanker derailment in Galena, the ABC7 I-Team looked at the dangers posed to Chicago and to areas all over the country by rail cars filled with crude oil.
THE HAGUE, Netherlands - Electronics giant Philips says it is selling a majority stake in its LED components and automotive lighting division to a consortium led by investment fund GO Scale Capital in a deal worth up to $2.9 billion.
Huawei Technologies, China's biggest maker of telecom equipment, says on Tuesday profit grew 32.7% last year. Huawei reported a net profit of $ 4.5 billion.