Swedish giant Ikea to buy back used furniture
STOCKHOLM — Flat-pack furnishings retailer Ikea said today that it will offer to buy back thousands of pieces of used Ikea furniture in 27 countries,…
Articles by biztimes
Wall Street drifts lower as earnings season gets underway
NEW YORK — Stocks are drifting lower in early trading on Wall Street today as earnings reporting season gets underway for big companies. The S&P…
US investigates fire reports in Chevy Bolt electric vehicles
DETROIT (AP) — The U.S. government’s road safety agency is investigating complaints that the Chevrolet Bolt electric vehicle can catch fire. The probe by the…
Consumer prices rise 0.2% in September, used vehicles spike
SILVER SPRING, Md. (AP) — U.S. consumer prices rose slightly in September, led again by sharp increases in the index for used vehicles. The consumer…
Consumer prices rise 0.2% in September as vehicles spike
SILVER SPRING, Md. — U.S. consumer prices rose slightly in September, led again by sharp increases in the index for used vehicles. The Labor Department…
IMF envisions a sharp 4.4% drop in global growth for 2020
WASHINGTON — The International Monetary Fund foresees a steep fall in international growth this year as the global economy struggles to recover from the pandemic-induced…
JPMorgan’s 3rd quarter results improve as bank sees few loan losses
CHARLOTTE, North Carolina — JPMorgan Chase saw its profits improve marginally in the third quarter, a notable change after the nation’s largest bank had to…
US investigates fire reports in Chevy Bolt electric vehicles
DETROIT — The U.S. government’s road safety agency is investigating complaints that the Chevrolet Bolt electric vehicle can catch fire. The probe by the National…
Johnson & Johnson beats 3rd quarter profit views, hikes 2020 forecast
Johnson & Johnson boosted revenue slightly and doubled its third-quarter profit, mainly due to a $4 billion charge for litigation costs in the year-ago quarter….
China’s vehicle sales pick up in September as market revives
BEIJING — China’s vehicle sales including trucks and buses accelerated in September as the industry’s biggest global market recovered from the coronavirus pandemic, an industry…