Business

Buddhika Weerasinghe | Bloomberg | Getty Images Signage for Takata are displayed at the company’s Echigawa plant in Echigawa, Shiga, Japan, on Friday, Nov. 25, 2016. The Japanese company, whose defective air-bag inflators have been blamed for at least 16 deaths and more than 150 injuries worldwide, will file for …

Adam Bird | Bloomberg | Getty Images Jeff Fettig, chief executive officer of Whirlpool Corp. Jeff Fettig will step down as CEO of Whirlpool, the company announced Tuesday. He will remain as chairman. Fettig has held both roles since 2004. Marc Bitzer, the current President and Chief Operating Officer for …

Getty Images A FedEx delivery driver unloads packages from his truck in Lower Manhattan, June 2, 2017 in New York City. FedEx reported quarterly earnings and revenue that beat analysts’ expectations on Tuesday. Here’s how the company did compared to what Wall Street expected: EPS: $4.25 vs. $3.88 expected, according …

Luke Sharrett | Bloomberg | Getty Images An employee works on a Ford Motor Co. Super Duty Truck engine at the Ford Kentucky Truck Plant in Louisville, Kentucky, Sept. 30, 2016. Ford Motor has plans to invest $900 million in its Kentucky truck plant, securing — not adding — 1,000 …

Getty Images Billionaire Li Ka-shing, chairman of CK Hutchison, reacts as he leaves a news conference in Hong Kong, China, on Thursday, Feb. 26, 2015. Billionaire Li Ka-shing, nearly 89 years old, plans to retire as chairman of conglomerate CK Hutchison by next year, the Wall Street Journal reported on …

Ben Nelms | Bloomberg | Getty Images Pedestrians walk past a Hudson’s Bay Co. store in North Vancouver, British Columbia, Canada, on Thursday, Jan. 12, 2017. Litt has spent nearly three decades focused on the real-estate industry – beginning his career at BrookHill Properties in 1988 and then moving to …

Andrey Rudakov | Bloomberg | Getty Images A Russian national flag flies above the headquarters of Bank Rossii, Russia’s central bank, in Moscow. “The Board notes that inflation is close to the target, inflation expectations keep declining, and economic activity is recovering,” the central bank said in a statement. Analysts …

ChinaFotoPress | Getty Images ‘Pony’ Ma Huateng, Chairman and Chief Executive Officer of Tencent Holdings Ltd. One number stood out in internet services company Tencent’s latest earnings report, which posted overnight in China. The company, known for its messenger app WeChat, revealed that its social media platforms are growing faster …

Mikhail Klimentyev | Kremlin | Sputnik | Reuters Russian President Vladimir Putin attends a live nationwide broadcasted call-in in Moscow, Russia, June 15, 2017. Russia’s president, Vladimir Putin, is speaking out about the White House’s latest turmoil between President Donald Trump and the interactions he’s had with former FBI director …

Daniel Acker | Bloomberg | Getty Images Employee organizes treated lumber at Maze Lumber in Peru, Illinois. U.S. businesses decreased their stockpiles in April by the largest amount since October, while sales were flat. The Commerce Department says business inventories fell by a seasonally adjusted 0.2 percent in April, following …