The world-wide collapse in crude prices has prompted losses and big spending cuts at Repsol, but the Spanish oil company found safe harbor in a business that until recently was a disaster for European energy firms: refining.
Boeing Co. said it booked orders for 50 more of its 737 Max jets, though customers canceled deals for four of its flagship single-aisle plane.
The new head of Nissan’s luxury division, Infiniti, said he would focus on improving customer service in a bid to close the yawning gap with the German premium brands that dominate the segment.
General Motors said it will shut its Indonesia assembly plant and cut 500 jobs in one of the boldest moves yet by the auto maker to revamp its struggling international operations.
Ford Motor has added 400 new factory workers to its ranks, this time to its Oakville, Canada, plant, which will also receive a $700 million investment to build a new Edge crossover.
Kohl’s Corp. said results in its holiday quarter topped expectations on broad-based sales strength, while the retailer gave an in-line outlook for its newly-started fiscal year.
Retailers are finally getting shoppers to spend again, and soon they are going to have to follow suit. Some say they are raising wages, while others say they are boosting capital spending.
Newly single individuals should make sure their will, beneficiary designations and other documents reflect their current wishes.