CHICAGO (Reuters) - United Parcel Service Inc and FedEx Corp are rolling out new pricing systems to curb online retailers' large package sizes, but industry experts warn many small firms are unprepared and could pay up to 50 percent more for shipping.
DETROIT (Reuters) - FCA US, the former Chrysler Group, said on Monday it is recalling almost 67,000 older-model pickup trucks equipped with manual transmissions globally for possible clutch problems that have been linked to one death.
SHANGHAI (Reuters) - U.S. fast-food chain Subway is investigating media reports in China that workers at an outlet in Beijing doctored food labels and used produce beyond its expiry date, a Shanghai-based spokeswoman for the firm said on Monday.
MOSCOW (Reuters) - Russia's economy shrank sharply in November and the rouble resumed its slide on Monday as Western sanctions and a slump in oil prices combined to inflict the first contraction in GDP since the global financial crisis.
(Reuters) - Burger chain Shake Shack Inc, which grew out of a hot dog stand in New York's Madison Square Park, has filed for an initial public offering at a time when stock offerings by casual restaurants have proven to be a big hit with investors.
(Reuters) - Carl Icahn reported a 7.7 percent stake in Manitowoc Co Inc , and became the second activist investor this year to push for a splitup of the company's crane and foodservice equipment businesses.
KUALA LUMPUR/SINGAPORE (Reuters) - As AirAsia Bhd grapples with its first airliner disaster since its founding a dozen years ago, Asia's biggest budget carrier will have little margin for error given tough competition and thin profits in the sector.