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KBSTY News

Target, Nordstrom, Kobe Steel and McDonald's - 5 Things You Must Know

The Dow is poised to rise for a second straight day; Nordstrom's board rejects the Nordstrom family's proposal to take the company private; Dublin-based Smurfit Kappa rejects a takeover approach from International Paper.

Nordstrom Rejects Bid and 4 Other Stories You Must Know Tuesday Morning

Futures are pointing to a second straight day of gains for the Dow. Are you ready to play the game?

Kobe Steel CEO Quits After Data Scandal; Company Admits 'Deep Rooted' Problems

Kobe Steel CEO Hiroya Kawasaki will step down following a data falsification scandal that raised serious safety concerns in the world's third-largest economy.

Short-Sale Portfolio Made Up of Japan's Corporate Cheats

Toray Industries this week acknowledged falsifying product-quality data, but it is only the latest company in Japan to stub its toe in a big way.

Nissan Suspends Production in Japan Over Inspection Issues

Nissan says that approximately 34,000 vehicles were produced between Sept. 20 and Oct. 18, including some produced for other markets.

Breaking News

Elon Musk Throws Dogecoin a Lifeline

Elon Musk will soon allow Dogecoin to purchase SpaceX merchandise.

Disney Fans Angry, Excited About New Guardians of the Galaxy Ride

The theme park company has opened Guardians of the Galaxy: Cosmic Rewind and not everyone is happy despite the ride getting wonderful reviews.

Aurora Cannabis Slashing Weed Capacity in Profitability Push

Aurora is slashing its production capacity as it builds a runway toward positive Ebitda a year from now.

Costco Beats Q3 Sales Forecast, Membership Revenues Near $1 Billion

Costco took in $984 million in new membership fee in its fiscal third quarter, helping the bulk retailer top Street forecasts for topline revenues.