Likely to expand nationally later this year, the deal dashes expectations of Uber Eats, delivery provider for more than 9,000 McDonald's since 2017.
The activist designer will serve as special advisor on sustainability to LVMH, which is also taking a minority position in Stella McCartney House.
The retailer "has not yet made a final decision on whether or not to seek bankruptcy protection, and is weighing other possible solutions for addressing high rents."
"Volkswagen AG has agreed to invest around $2.6 billion in Ford MotorCo.'s autonomous-vehicle partner, Argo AI, in a deal that values the startup at $7 billion," says report.
Concerns about Facebook's proposed digital currency, Libra, include issues of "privacy, money laundering, consumer protection and financial stability."
Company reported profit and revenue gains for its second quarter 2019, ending June 15, that beat Wall Street estimates -- thanks, in part, to price hikes.
According to Kohl's, nationwide rollout of Amazon Returns program "is our single biggest initiative of the year."
The bank is also dropping its stock-trading business, "effectively abandoning any hope of playing in the same league" as big U.S. investment banks on the global stage.
"Tesla benefited from a full quarter of selling the Model 3, its most affordable car, in Europe and China," according to one report.
Coty, which purchased 43 Procter & Gamble beauty brands for $12.5 billion in 2015, laid out a four-year restructuring plan.