The American company invests $11 mio to build a new distillery

Snack food giant Mondelez International on Friday affirmed its earnings targets for the year and provided new forecasts for 2019 as new CEO Dirk Van de Put outlined the snack giant’s long-term strategy at its annual investor day in Boston.

Amazon is ordering 20,000 commercial vans from Mercedes-Benz, part of a plan to expand its own delivery service.

Tesla announced Friday that Jerome Guillen has been promoted to president of its automotive division.

British healthcare company BTG Plc (BTG.L) has acquired Irish medical device maker Novate Medical, adding to its portfolio a vascular device for managing blood clots.

Growing supply, a plethora of competing proteins and trade uncertainty hover over beef markets.

The Los Angeles City Council on Tuesday unanimously approved the city’s first set of rules for the companies that have deposited thousands of electric scooters on sidewalks in neighborhoods from the Westside to Koreatown.

Inditex, the world’s largest clothing retailer and owner of the Zara chain, said on Tuesday it would sell products from all its brands on the Internet around the world by 2020, including in markets where it does not have any stores.

Japan and the United States have a long history of not only economic competition, but also cultural exchange. In the U.S., for instance, sushi and anime are popular. And the Japanese long ago adopted baseball and jazz. If that’s old news to you, here’s one America-to-Japan export that might surprise you: U.S. convenience stores.

Alibaba is rapidly expanding its new offline retail store, Hema, throughout China.