Subaru’s September sales rise 8.6%; Crosstrek entry record

Subaru sales rose 8.6 percent in September to 45,658, led by record Crosstrek sales and favorable comparable results from ongoing inventory and production issues. It was the company’s second consecutive monthly increase. The company’s sales in the US are down 13 percent year-to-date. Notable nameplates in September: Crosstrek, up 36%; Forester, down 9.8%; Outback, up … Read more

Naver to Acquire Poshmark | Business Wire

SEONGNAM-SI, South Korea & REDWOOD CITY, Calif.–(BUSINESS WIRE)–Naver Corp. (KRX: 035420) (“Naver”), Korea’s largest internet company, and Poshmark, Inc. (NASDAQ: POSH) (“Poshmark”), a leading social e-commerce marketplace for new and secondhand style, today announced that they have entered into a definitive agreement under which Naver will acquire all of the issued and outstanding shares of … Read more

The US uses the FDPR rule on Chinese buyers of artificial intelligence and supercomputing chips

The Biden administration is preparing new rules aimed at curbing China’s advanced computer and chip manufacturing capabilities – the US government’s most significant effort yet to limit China’s development of technologies vital to its military progress. The rules, scheduled to be announced as soon as this week, will sweep more widely than draconian export controls … Read more

Walmart, CVS face trial for placing fake homeopathic products next to real drugs

Pharmacy giants CVS and Walmart face lawsuits over claims that placing ineffective homeopathic products alongside legal over-the-counter drugs on store shelves misleads consumers into believing the pseudoscientific products are related to evidence-based, Food and Drug Administration-approved drugs. . The claims come from the nonprofit Center for Inquiry (CFI), which filed nearly identical lawsuits against CVS … Read more

I think it’s clear we’re spending too much money: Bill McGurn – Fox Business

I think it’s clear we’re spending too much money: Bill McGurnFox Business