Hyundai's unveiling of a luxury concept car with self-opening doors called the Vision G outside the Los Angeles County Museum of Art Tuesday evening has well-traveled auto writers oohing and aahing at its robust good looks and lofty aspirations.
China's central bank "stunned the world" by devaluing its tightly controlled renminbi - aka, the yuan - for a second straight day Wednesday even as U.S. companies with a large presence there, such as Apple and Yum Brands, saw their stock prices tumble Tuesday in anticipation of an expected slowdown in sales.
Google's surprise restructuring yesterday - attempting to provide linear clarity to what has become an alphabet soup of enterprises and visions - was by and large cheered by analysts and commentators, as well as supported by investors in after-hours trading, with its shares up as much as 7%, Reuters reports.
Frank Gifford turned his rugged good looks and multi-faceted skills as a New York Giants football player into a lucrative broadcasting career, pitching everything from Vitalis Hair Tonic to Jantzen sportswear to Lucky Strike cigarettes to milk, Florida orange juice and Dry Sack sherry along the way. He died suddenly Sunday at his home in Greenwich, Conn., at 84.
The headlines belong to Pfizer's Viagra but CVS/Caremark said yesterday that it is removing more than two dozen additional prescription drugs from its formulary - the list of medications it provides at a steep discount to consumers covered by the health insurance with which it is allied - starting Jan. 1.
Another high-stakes, investor-driven food fight is developing at Mondelez, this one instigated by Bill Ackman's Pershing Square Holdings disclosing late Wednesday that it has acquired a 7.5% position in the marketer of Oreos, through thick and Thins, as well as Ritz crackers, Nutter Butter, Cadbury and other familiar brand names in 165 countries worldwide.
The second-generation 2016 Chevy Volt hybrid will go about 53 miles per full electric charge, General Motors said Tuesday - a 40% improvement over the current model that puts it into direct competition with pure electric vehicles and is expected to boost its heretofore paltry sales.
Vincent Marotta Sr., a Cleveland-area real estate developer who, with his business partner, two engineers and the smooth-talking Joe DiMaggio, showed America a better way to wake up smelling the coffee, died Saturday in Pepper Pike, Ohio. The force behind Mr. Coffee coffeemakers was 91.
Unable to compete against upstart LCD manufacturers, the 103-year-old Japanese consumer electronics company Sharp is getting out of the television business in the Americas although its brand name will survive. The Chinese company Hisense is buying Sharp's factory in Mexico for $23.7 million and will continue to use the Sharp name as part of the deal.