Jet.com Inc. is already abandoning the main business model behind its new discount-shopping site, a surprising turnabout for what many viewed as the most promising challenge to Amazon.
WASHINGTON - Monsanto Co. said Wednesday it will eliminate 2,600 jobs as part of a cost-saving plan designed to deal with falling sales of its biotech seeds and herbicides, which pushed its quarterly losses deeper into the red.
With airline pilots reporting close encounters with unmanned drones more than three times a day, it's just a matter of time before there is a mid-air collision that could carry deadly consequences.
CALGARY, Alberta— Suncor Energy Inc. SU 1.34 % on Wednesday criticized a move by Canadian Oil Sands Ltd. COSWF 2.31 % 's board to adopt a so-called poison pill defense two days after receiving Suncor's unsolicited $3.3 billion buyout offer.
A short UAW strike that ends this weekend will inflict minimal financial pain on workers and have little impact on Fiat Chrysler Automobiles where dealers have robust stocks of most best-selling models, with a couple exceptions.