Chinese electronics firm LeEco is buying American TV manufacturer Vizio for $2 billion. The acquisition was announced during a press event this morning in Los Angeles, giving LeEco an instant foothold in the US television market.
Under Armour Inc. announced plans to sell its new sportswear line in high-end outlets, add distribution through Kohl's Corp. in 2017, and focus on international expansion after an earnings release that disappointed investors.
BENGALURU/DETROIT A rift between Tesla Motors Inc (TSLA.O) and key supplier Mobileye NV (MBLY.N) sent down shares of the Israeli maker of chips for the electric vehicle maker's semi-automated Autopilot system and fanned debate on self-driving ...
Stocks moved slightly lower in midday trading Tuesday, putting the market on track for its second loss in a row, as investors monitor corporate earnings from a range of companies including Gilead, McDonald's and Texas Instruments.
With help from Cogan Schneier and Adam Behsudi. LABOR LEADERS BEAT UP ON TRUMP: Six different labor leaders spoke Monday night at the Democratic National Convention, and most took whacks at Donald Trump.