Burberry, which has been in the crosshairs for burning tens of millions of dollars of its products, is far from the only firm to destroy unsold goods to maintain the exclusivity and luxury mystique of their brands.
For a long time, Apple appeared to be flying solo to a $1 trillion market value, but Amazon is right at its heels—and experts have no fears of a tech bubble.
"I've had the car for eight months and it ran fine for four days," says Yngve Solberg, who like many Norwegians is fed up with the slew of problems his Tesla X has given him.
Volkswagen on Tuesday said it may be forced to recall 124,000 electric and hybrid cars due to the presence of cadmium, a carcinogenic metal, in the vehicles.
Apple has become the world's first publicly traded company to be valued at $1 trillion, the financial fruit of stylish technology that has redefined what we expect from our gadgets.
Canadian craft brewers are facing a sudden aluminum can shortage and are blaming the supply disruptions on aluminum tariffs, making these small businesses among the first casualties of the Canada-US trade spat.
The New York Stock Exchange's parent company announced plans on Friday to launch a bitcoin trading platform and partner with Starbucks on a digital currency payment app.
Turmoil has erupted at German industrial giant Thyssenkrupp after a mega deal merging its steelmaking arm with India's Tata, with its bosses quitting amid an acrimonious battle with shareholders on whether to break up the ...
Word that Google is crafting a search engine to meet China's draconian censorship rules has sparked widespread employee anger at the company which has responded by limiting workers' access to documents about the project, ...
Losses at Jaguar Land Rover helped drag Indian carmaker Tata Motors into the red for the three months to June amid declining demand for its luxury cars and higher raw material costs, the company said Tuesday.