Deere Considers Cost Cuts, Higher Prices 
 

Deere reported strong demand in its construction and farming markets in the latest quarter but said it would cut costs and raise prices due to higher raw material and logistics expenses.

 
Foxconn Pursues Chip Ambitions With Plans for China Plant 
 

Foxconn is making a new push into semiconductors, teaming up with a local government in China's Pearl River Delta to build a chip fabrication plant.

 
Nordstrom Deserves Better 
 

Nordstrom has been bucking the doom-and-gloom in the retail sector for some time. Success in both luxury and discount speaks to Nordstrom's strength, which investors aren't giving it enough credit for.

 
Panera Founder Backs Cava in Zoe's Kitchen Deal 
 

Zoe's Kitchen has agreed to be acquired by Cava Group in a deal valued at $250 million. Ron Shaich's Act III Holdings is set to lead a 'significant' equity investment in Cava restaurants as part of the deal.

 
Tesla Was Under Regulator Scrutiny Prior to Musk's Tweet 
 

The SEC began investigating last year whether Tesla misled investors about its Model 3 car production problems and subpoenaed a parts supplier.

 
Google Defends Push Into China Amid Censorship Concerns 
 

Google Chief Executive Officer Sundar Pichai defended to employees the internet giant's controversial push to do more business in China but said the company is "not close to launching a search product" in the country.

 
Maersk to Spin Off Drilling Unit as Break Up Moves Forward 
 

Maersk said it will seek a separate listing of its drilling unit next year, aiming to generate cash proceeds of around $1.2 billion by floating the entire unit.

 
Nvidia's Crypto Business Dries Up, Worrying Investors 
 

Nvidia reported robust sales and profits during its second quarter, but warned that revenue from products geared toward cryptocurrency mining would be sharply weaker than expected.

 
Santander USA Released from 2015 Fed Enforcement Action 
 

The Federal Reserve on Thursday released Santander Holdings USA lnc. from oversight restrictions imposed in 2015, when the bank was sharply rebuked for failing to meet regulatory standards across several of its business operations.

 
DoorDash More Than Doubles Valuation to $4 Billion 
 

DoorDash said it raised $250 million in a round of funding that values the prepared food-delivery startup at $4 billion, more than doubling its valuation for the second time in five months.

 
 

(END) Dow Jones Newswires

August 17, 2018 11:00 ET (15:00 GMT)

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