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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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Green Party's Stein to pursue Pennsylvania recount petition in federal court

HARRISBURG, Pa. Green Party candidate Jill Stein late Saturday vowed to bring her fight for a recount of votes cast in Pennsylvania in the U.S. presidential election to federal court, after a state judge ordered her campaign to post a $1 million bond.