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Daimler Truck said it took a €120 million hit from a write-down of its China joint venture due to a persistently weak market and that its full-year guidance was under review.

EssilorLuxottica has agreed to buy the brand from Vans owner VF for $1.5 billion, a move aimed at helping the Ray-Ban maker expand beyond eyewear.

San Diego-based pet food retailer said that interim CEO R. Michael Mohan would transition to a new role leading a board committee focused on value creation.

The move follows a similar retreat by Tractor Supply as more companies face criticism over DEI.

Darden said it will acquire all the outstanding shares of Chuy’s for $37.50 per share. The price represents a 40% premium to Chuy’s 60-day volume weighted price.

Japan’s Nikkei 225 climbed after the Reuters Tankan survey showed an increase in business optimism among large Japanese manufacturers.

Spirit Airlines said Tuesday it would post a wider-than-expected loss for the last quarter because of revenue that came in short of its expectations.

Former President Donald Trump told Bloomberg Businessweek that he would let Fed chief Jerome Powell complete his term if he wins in November.

Marc Andreessen and Ben Horowitz, co-founders of venture firm Andreessen Horowitz, plan to donate to PACs supporting Donald Trump’s campaign.