Since North America is Toyota’s largest market, an increase in tariffs, especially in its best selling pick-up truck models is likely to boost the cost of its vehicles by at least $3,000. On Friday, Japanese automaker Toyota Motor Corp posted… Read More ›
Both investors are pushing Xerox to explore options vis-a-vis its joint venture with Fujifilm which includes renegotiation of terms of the JV or to walk away from it. Incidentally, 50% of Fujifilm Holdings Corp’s overall operating profit stem from this… Read More ›
Having incurred operating losses over several years in a row, Wal-Mart is looking to cash out but still maintain a foothold in Brazil. As per two sources with direct knowledge of the matter at hand, Wal-Mart Stores Inc is holding… Read More ›
While noting the challenges in the under-invested railways, Amtrak’s chairman Anthony Coscia was enthused to have Anderson at the top given his record at Delta Air Lines. On Monday, Amtrak named Richard Anderson, Delta Air Lines’ former chief to lead… Read More ›
Samsung’s third quarter results expected to touch new heights. Despite Samsung’s Galaxy Note 7 fiasco, analysts have found that this is likely to be Samsung’s best quarterly profits in nearly 3 years. An aggressive sales strategy for its memory chips… Read More ›
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