Money Digest

Toyota recalls 188,000 vehicles worldwide

Toyota is recalling nearly 188,000 pickup trucks, SUVs and cars worldwide because the air bags may not inflate in a crash. The recall covers 2018 and 2019 Tundra pickups and Sequoia SUVs as well as 2019 Avalon sedans.

Oct 14 2018

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Florida orange harvest up after long decline

Florida’s orange crop is expected to increase for the first time in seven years. The US Department of Agriculture announced Thursday that 79 million boxes of oranges are expected during the coming season, a 76 percent increase from the 45 million produced last season.

Oct 14 2018

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Sears to close up to 150 stores in bankruptcy

Sears Holdings Corp is planning to close up to 150 of its department and discount stores and keep at least another 300 open as part of a plan to restructure under US bankruptcy protection, people familiar with the matter said on Friday.

Oct 14 2018

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Walmart buys online lingerie retailer

Walmart says it’s buying online lingerie retailer Bare Necessities, the latest acquisition in its niche-brand buying spree.

Oct 14 2018

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China NEV sales continue rapid growth

China’s sales and production of new energy vehicles (NEVs) have continued to experience fast growth thanks to government support in the sector, industry data shows.

Oct 14 2018

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GE delays Q3 earnings release to October 30

General Electric, the once-mighty conglomerate which weeks ago announced a new chief executive in a move meant to stem a two-year decline, has said it will move the date of its third-quarter earnings release to October 30.

Oct 14 2018

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