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Toyota plans big cuts to its model lineup in Japan, source says

Haruyoshi Yamaguchi | Bloomberg | Getty Images A man walks past a Toyota dealership in Tokyo, Japan. Toyota Motor Corp. is planning to halve the number of cars it sells in Japan to about 30 by 2025 to focus on more popular models in a shrinking market, a person briefed …

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Uber riders in Dubai can now select electric-powered Tesla

studioEAST | Getty Images News | Getty Images A man holds an Apple iPad Mini as he uses Uber app on October 6, 2017 in Hong Kong. The U.S.-based ride-hailing app launched the UberONE option on Tuesday in partnership with Dubai Taxi Corporation, which added 50 Tesla Model X and …

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China is pumping money into countries around India — but there are ways New Delhi can hit back

VCG / VCG / Getty Images Xi’an, China – May 14 2015: India Prime Minister Narendra Modi visits Emper Qins Terra – cotta Warriors and Horses Museum on May 14, 2015 in Xi’an, Shaanxi province. India has long been the dominant power in South Asia but as Beijing invests millions …

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Whole Foods’ parking lots were busier post-Amazon, satellites show

Source: Orbital Insight and JPMorgan At Kroger, which has taken a beating by investors in the aftermath of the Amazon-Whole Foods deal, car traffic dropped significantly in September, JPMorgan said. Satellite data showed a 7.3 percent decrease during the month. On a two-year stacked basis, the drop was even more …

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Retail trade group sees holiday sales rising 3.6% to 4% this year

Retailers could see a bump in sales this holiday season. Holiday retail sales in November and December — excluding automobiles, gasoline and restaurants — are expected to increase as much as 4 percent this year, reaching up to $682 billion, according to the National Retail Federation, the industry’s trade group. …

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Equifax data breach may affect 2.5 million more consumers than originally stated

Brendan McDermid | Reuters Equifax trading information and the company logo are displayed on a screen where the stock is traded on the floor of the New York Stock Exchange in New York. The massive data breach at Equifax, one of the nation’s three major credit reporting companies, may be …

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Get ready to pay more for your Thanksgiving flight

Andrew Harrer | Bloomberg | Getty Images Travelers wait in line before going through Transportation Security Administration screening at Ronald Reagan National airport in Washington, D.C. The days of rock-bottom Thanksgiving airfares are over. Roundtrip domestic U.S. flights are about 13 percent more expensive this year than in 2016, fetching …

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Self-driving taxis like Uber’s will disrupt public transport: Study

Angelo Merendino | AFP | Getty Images Pilot models of the Uber self-driving car are displayed at the Uber Advanced Technologies Center on September 13, 2016, in Pittsburgh. Driverless taxis are set to totally transform the landscape of mass transit systems, according to a study. Self-driving taxi services – such …

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Hain Celestial, activist investor agree on board changes: WSJ

Francis Specker | Bloomberg | Getty Images Irwin Simon, president and chief executive officer of Hain Celestial Group Inc. Hain Celestial reached an agreement with activist investor Engaged Capital for changes in its board, which could pave the way for a potential sale of the organic food and beverage company, …

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Toyota, Mazda, Denso to form joint venture to develop electric vehicles

Tomohiro Ohsumi | Getty Images Toyota President Akio Toyoda nd Mazda President and CEO Masamichi Kogai at a joint press conference on August 4, 2017 in Tokyo, Japan. Toyota, Mazda and Toyota-affiliated parts maker Denso are planning to set up a joint venture to develop electric vehicles, Japanese public broadcaster …

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