IKEA stores owner Ingka Group will spend 2 billion euros ($2.2 billion) expanding in the United States over the next three years, its biggest investment in a single country, in a bet to win American customers as other big-box retailers close stores.
Alphabet's Google received a mixed ruling on Thursday from a San Francisco federal judge in a patent lawsuit brought by Sonos Inc over wireless audio technology, failing to invalidate all of the patents before a trial but narrowing Sonos' claims.
A 77-year-old factory in a hard-luck Ohio town sputtered into high gear to produce a new line of electric garbage trucks. A short drive away, construction began on a $20 billion plant that will take pizza-sized silicon wafers and make them into computer chips used in everything from data centers to cars.
Wes Anderson, Ken Loach, Todd Haynes and Wim Wenders are among the directors vying for the top prize at next month's Cannes Film Festival, where Hollywood stars will also walk the red carpet on the Croisette waterfront for the premieres of their latest works.