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May, 24, 2016

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Grab your sunglasses, a giant cup of coffee and prepare to hit the highway: 2016 is shaping up to be the summer of the road trip. Cheap fuel prices have left many American families flush with spare cash, which they now plan to spend on vacations.
 
The U.S. dollar was little changed Friday, holding gains against the euro while rising against the yen as a G-7 finance meeting kicked off in northern Japan.
 
Retail group Gap Inc. said Thursday it would shutter 75 stores this year amid sagging sales, including 53 of its kids-focused Old Navy brand outlets in Japan.
 
Richemont, the world's second-biggest luxury goods group, on Friday posted a 67-percent higher annual net profit, boosted by a lucrative merger, but fell slightly short of analyst expectations.
 
U.S. retail giant Wal-Mart Stores reported slightly higher quarterly sales Thursday and said better-than-expected earnings reflected the benefits of heavy investment to boost worker salaries and improve the shopping experience.
 
Four lucky competition winners are set to be the first people in history to use the Eiffel Tower as a vacation home next month. Rental company HomeAway is taking over part of the first floor of the iconic 300-meter landmark for the duration of the UEFA Euro 2016 soccer....
 
The United Auto Workers is looking to organize workers at Tesla Motors factory in California, the president of the powerful union said Thursday.
 
The World Bank has approved US$130 million worth of new loans for Cambodia, ending a five-year freeze in new lending to the country following a spate of controversial forced evictions by the government.
 
New Google goods, services take aim at its big rivals
From virtual reality (VR) to a new smart-home speaker, Google is showing off just how pervasive it has become even as it's squeezed by its biggest competitors -- Facebook, Apple and Amazon.
 
Unique startups find their mecca in Shenzhen
Shenzhen is the world's electronics manufacturing capital, so what better place to be for entrepreneurs with ideas they want to turn into actual devices?
 
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