 | | | | Coffee retailer Starbucks Corp is planning an organizational shakeup, including corporate layoffs, Bloomberg reported on Monday. | | | | | | U.S. fashion group Michael Kors has agreed to take control of Versace in a deal that could value one of Italy's most prized designers at $2 billion, sources familiar with the matter said on Monday. | | | | | | Wall Street's three main indexes were lower on Monday after a new round of U.S.-China trade tariffs kicked in and investors expected an interest rate hike a day ahead of the U.S. Federal Reserve's two-day meeting. | | | | | | Stock markets around the world retreated on Monday amid concerns over the potential wider impact of a trade spat between China and the United States, while oil prices rallied to a four-year high after OPEC ignored U.S. calls to raise supply. | | | | | | Walmart and its unit Sam's Club said on Monday leafy greens suppliers will be asked to implement real-time, farm-to-store tracking using blockchain technology by next September, as the retailer tackles food-safety incidents. | | | | | | The European Union and the United States are still in exploratory talks about how they can pursue a limited trade agreement, with no real negotiations yet started, EU Trade Commissioner Cecilia Malmstrom said on Monday. | | | | | | Satellite radio company Sirius XM Holdings Inc will buy online music service Pandora Media Inc in a $3.5 billion all-stock deal that will help it battle growing competition from streaming rivals Spotify and Apple Music. | | | | | | United Technologies Corp is exploring a sale of its Chubb Fire & Security division for more than $3 billion, people familiar with the matter said on Monday. | | | | | | Canada's Barrick Gold Corp has agreed to buy Randgold Resources Ltd in an all-stock deal valuing the Africa-focused miner at $6.5 billion, to create the world's largest gold producer in an industry under investor pressure to put capital to good use. | | | | | | Uber's fastest-growing market in the world is now Argentina, company executives say, attributing the expansion to the nation's sudden economic unraveling, which has boosted unemployment and sliced the purchasing power of Argentines. | | | | | |
