SoftBank Invests Additional $3 Billion in WeWork
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Shared-office space company WeWork Cos. raised an additional $3 billion from Japan's SoftBank Group Corp. as it continues its efforts to expand globally and grow its membership.
Sears to Close Another 28 Kmart Stores as Sales Slump Continues
Sears Holdings' brick-and-mortar stores continued to lose ground in a tough retail environment, with same-store sales down by double-digits and overall revenue sinking 23% in the latest quarter.
Fiat Chrysler CEO's Search for Partner Is Running Out of Time
A Chinese auto maker's possible bid for Fiat Chrysler's Jeep division has retrained the spotlight on the challenges facing the company, which doesn't have the resources on its own to keep up in the autonomous-vehicle race.
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Tesla's Push to Build a Self-Driving Car Sparks Dissent Among its Engineers
Elon Musk built a company that's more valuable than General Motors or Ford. Now, his ambitious goals for Tesla's Autopilot technology, the next phase in the rapidly changing auto industry, are being tested by resignations and disquiet in the engineering ranks.
Wells Fargo, U.S. Bancorp Turn to Blend to Speed Up Mortgage Applications
Wells Fargo and U.S. Bancorp have signed deals with Silicon Valley startup Blend Labs to help them move more of their loan applications online.
Seadrill, a Big Offshore Oil Player, to Seek Bankruptcy Protection
Offshore-drilling services major Seadrill said it will likely file for bankruptcy protection as part of a plan to restructure around $10 billion in debt.
Toyota Finds New Customers: People Who Don't Like Toyotas
Toyota's new C-HR compact crossover is off to a hot sales start, a remarkable run for a car Toyota said it built for people who dislike Toyotas.
Samsung Heir Faces Judgment Day in Corruption Trial
A South Korean court will rule Friday on whether to convict Lee Jae-yong, the de facto head of Samsung, following his trial in a corruption case that has gripped the country.
Signet, Tiffany See Trendy Baubles Fueling Rise in Sales
An uptick in sales of less-expensive fashion accessories caused jewelry sellers to top expectations in their most recent quarter.
CIBC Earnings Beat Expectations After PrivateBancorp Purchase
Canadian Imperial Bank of Commerce beat revenue and earnings estimates in its latest quarter as it completed its $5 billion acquisition of PrivateBancorp Inc.
(END) Dow Jones Newswires
August 24, 2017 15:15 ET (19:15 GMT)