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Consumer Goods & Retail Headlines

Airbnb, New York City settle rental law lawsuit

NEW YORK, Dec 2 Airbnb Inc and New York City said on Friday they had resolved a lawsuit brought by the company challenging a law it argued could expose it to significant penalties for advertising short-term apartment rentals.

Eddie Lampert proposes to buy further stake in Sears Hometown

Dec 2 Struggling retailer Sears Holdings Corp said Chief Executive Eddie Lampert proposed to buy a bigger stake in Sears Hometown and Outlet Stores Inc, if Sears Hometown entered into a partnership related to certain brands and its home services unit.

Trump creates business advisory council stacked with CEOs

WASHINGTON, Dec 2 President-elect Donald Trump announced the formation of a council to advise him on job creation, a group comprised of the leaders of a variety of major U.S. corporations including GE and GM to Boeing, Disney and IBM.

TABLE- Top-20 selling vehicles in U.S. in November

Dec 1 The following are the 20 top-selling vehicles in the U.S. in November as reported by the automakers and ranked by total units. Top 20 selling vehicles in U.S. in November RANK VEHICLE Nov-16 Nov-15 PCT CHNG 1 Ford F-Series P/U 72,089 65,192 +10.6 2 Chevy Silverado-C/K P/U 45,280 45,001 +0.6 3 Ram P/U 36,885 34,145 +8.0 4 T

Citic-Carlyle near deal to buy McDonald's China assets -source

Dec 1 A consortium led by private-equity firm Carlyle Group and Chinese conglomerate Citic Group Corp has neared a deal to buy McDonald's Corp's stores in China and Hong Kong for up to $3 billion, a source with direct knowledge of the matter said.

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China says Trump clear about Taiwan, in touch with his team

BEIJING/WASHINGTON U.S. President-elect Trump is clear about China's position on the Taiwan issue and China has maintained contacts with his team, the foreign ministry said on Monday, as Trump took to Twitter to complain about Chinese economic and military policy. | Video