Auto makers use holiday deals to lift November sales
U.S. auto sales rebound in November with Ford posting a 5.1 percent gain and GM up about 10 percent as discounts and year end promos boost demand for pickups and SUVs. Volkswagen also shows a first rise in over a year as automakers target near record annual sales into 2017.
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Dearborn
Mobile shopping reshapes holiday deals across retailers
Shoppers in Irvine and across the United States increasingly use phones to grab deals as retailers expand mobile features. Adobe Digital Insights notes $4.61 billion in mobile driven sales over the five day stretch and 54 percent of site visits coming from mobile devices.
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Breitbart Calls for Kellogg Boycott After Ad Pull
Breitbart News urged readers to boycott Kellogg Co after the cereal maker stopped advertising on the site. Kellogg said ads were removed following customer complaints and stated the decision had nothing to do with politics.
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Parker Hannifin to buy Clarcor in $4.03 billion deal
Parker Hannifin announces an $83 per share purchase of Clarcor, a maker of filtration products, in a transaction valued at about $4.3 billion including debt. Clarcor's brands include Baldwin and Airguard. The deal, pending Clarcor shareholder approval, aims to expand Parker's filtration portfolio and is set to close in Parker’s fiscal 2018 first quarter.
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