This segment is still developing. It used to be that small SUVs were spartan inside and poorly optioned, purely aimed at people who couldn’t afford the automaker’s larger offerings. Now, more and more companies are trying to bring their subcompact SUVs upmarket. The Soul falls into that category, as do the Mazda CX-3, Nissan Rogue […]
Read moreThe holiday season isn’t just a boon to retailers that sell merchandise. It’s critical to the players that rent clothing too. Rent The Runway launched the market for rental party-wear when it started in 2009. The company’s CEO and co-founder Jenn Hyman told CNBC that every holiday quarter for the past eight years of Rent […]
Read moreAustria’s conservative leader Sebastian Kurz has brought the far right Freedom Party (FPO) into government, striking a coalition deal he aims to cement with his own party and Austria’s president on Saturday. The deal on Friday propels Heinz-Christian Strache’s FPO into power for the first time in more than a decade, after both the FPO […]
Read moreCurrency, United States Finance
China, UK vow to bolster economic cooperation, speed up stock connect plan
China and Britain have vowed to continue and strengthen cooperation on a wide range of economic, financial and trade issues, including speeding the introduction of a London-Shanghai stock connect program. In a joint statement on Saturday, coinciding with an official visit to China by British finance minister Philip Hammond, the countries also said they opposed […]
Read moreA bombshell piece of evidence in a lawsuit between Uber and Alphabet’s Waymo is now public. Previously discussed only in court testimony, a letter in May from the attorney of former Uber security analyst Richard Jacobs to Uber’s internal counsel contains an exhaustive list of illegal activities that Jacobs said he witnessed while employed at […]
Read moreHere’s a round-up of the most important deals in venture capital from the past week. Target is acquiring same day delivery start-up Shipt for $550 million, the companies announced on Wednesday. Shipt, which is based in Alabama and has an office in San Francisco, will continue to work with other retailers even after the deal. […]
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