Nissan weighs moving engine production to the United States
Nissan Motor Co says it is considering shifting some engine production from Japan to the United States after earthquake damage to a Japanese plant. Experts warn parts shortages could trigger plant shutdowns across North America by mid April and multiple automakers may face rolling outages.
MENTIONED IN THIS ARTICLE
Detroit
Nissan Motor Co
Japan
U.S
Newton
Toyota Motor Corp
North American
P&G and Teva join to expand OTC reach globally
Procter & Gamble and Teva Pharmaceutical Industries will form a joint venture to grow OTC brands like Vicks and Pepto Bismol outside North America. The partners plan leadership in Germany Russia and Brazil and aim to boost growth in emerging markets while expanding affordable nonprescription medicines worldwide.
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Cincinnati
Procter & Gamble Co
P&g
Teva Pharmaceutical Industries Ltd
North America
Germany
Russia
Brazil
Vicks
Shlomo Yanai Teva
Teva
Bob McDonald
Tom Millikin
Associated Press
Erik Gordon
University of Michigan
Ross School of Business
Gordon
Best Buy trims sales force while refocusing on mobile and tablets
New York Best Buy reports a 16 percent drop in fourth quarter net income to 651 million as weak demand for premium flat-screen TVs and notebooks weighs on results. The retailer plans smaller stores and stronger emphasis on mobile phones, tablets, and other fast-growing categories to offset TV declines.
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New York
Best Buy Co
Best Buy
China
U.S
Apple Inc
Walgreens to acquire Drugstore.com for 429 million
Walgreen Co. will pay about 429 million dollars to buy online retailer drugstore.com, granting access to 3 million online customers. The deal offers drugstore.com shareholders 3.80 dollars per share, boosting Walgreen’s online catalog by about 60,000 products and accelerating its digital strategy.
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New York
Walgreen Co
Drugstore.com
U.S
Walgreen
Deerfield, Ill
Beauty.com
SkinStore.com
VisionDirect.com
CVS Caremark Corp
Neagby
Scotia Capital
Patricia A. Baker
Internet Retailer
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