BEIJING, Oct 13- A former top executive at Chinese automaker FAW Car Co Ltd has been expelled from China's Communist Party and handed over to legal authorities suspected of bribery, the official Xinhua news agency reported on Tuesday. Zhang is suspected of taking bribes when he was an executive vice president in the Audi sales division at FAW-Volkswagen, a joint...» Read More
Yum Brands admits sales have been disappointing and blames the issue on chicken suppliers. The company is banking on renewed marketing to drive profitable sales growth.
Rahul Sharma, founder and managing director at NEEV Capital, comments on sales results from Tesco and Sainsbury's and explains how they are underperforming the broader sector.
CNBC's Phil LeBeau is joined by Kurt NcNeil, General Motors vp of sales to discuss the results of the automaker's September sales, which were down 11 percent overall.
Jyrki Tervonen, CFO at H&M, comments on the company's strong third quarter, how it remains a "small player" in China and therefore has "huge potential" there, and on the group's online strategy.
CNBC's Diana Olick reports new home sales in August were about 8 percent higher from July, but still the second lowest rate of the year.
New cars are selling at their fastest pace in more than 5 years. Bob Lutz, Former GM Vice Chairman, shares his opinions on how long the momentum will continue. "It's only going to get better," he says.
Martha Stewart Living says it has "no intention of ending" its partnership with JC Penney, reports CNBC's Courtney Reagan. Jan Kniffen of J. Rogers Kniffen Worldwide is "convinced sales will be positive in Q4."
A lot more advertising is trying to win over buyers in the luxury auto market, reports CNBC's Phil LeBeau. There are also aggressive lease sales being offered.
CNBC's Phil LeBeau breaks down better than expected auto sales.
The monthly sales pace for August is 16.09 million vehicles, reports CNBC's Phil LeBeau.
Mercedes is reporting an increase in August sales by 20.5 percent, with CNBC's Phil LeBeau. Tammy Darvish, DARCARS Automotive Group, and Scott Adams, Adams Automotive Group, discuss the performance in August by automakers.
Pick-up trucks continue to be a big driver for the "Big 3" auto manufacturers. CNBC's Phil LeBeau reports the auto industry is expected to continue to trend higher from here.
Gail Roberts, Coldwell Banker Residential Brokerage agent discusses the current real estate environment in the Boston area. This week's power house is listed for $2,285,000. "Buyers should expect more inventory this fall," says Roberts.
Ford is ramping up production for its Flat Rock assembly plant north of Detroit. CNBC's Phil LeBeau offers insight.
Signed contracts to buy existing homes fell 1.3 percent in July month-to-month, reports CNBC's Diana Olick.
McDonald's is coming out with "mighty wings" on September 9 in an attempt to boost sluggish sales, reports CNBC's Josh Lipton. Burger King will also start offering a "french fry burger." Does innovation matter for stocks? Bob Derrington, Wunderlich Securities, provides perspective.
Home prices in the top 10 and top 20 composites in June were up around 12 percent year over year, reports CNBC's Diana Olick.
Japanese automaker Nissan is planning to get sales on track in 2014. CNBC's Phil LeBeau reports on the company's growth plan, which includes autonomous driven cars for delivery by 2020.
Microsoft CEO Steve Ballmer is giving a 12-month notice of his retirement, and the FDA is considering a ban on online sales of e-cigarettes. CNBC's John Carney and Simon Hobbs discuss.
New home sales are down 13.4 percent in July, plunging to the lowest rate in 9 months. CNBC's Hampton Pearson reports the primary catalyst is higher mortgage rates.