Tag: Home and Office Products

Whirlpool bets on housing recovery as quarterly sales drop

Whirlpool Corp.’s stock fell more than 2% in after-hours trading Monday after the appliance maker’s sales dropped year-on-year as promotions were reduced, but the company said it hopes to benefit from a housing recovery.


Panasonic needs four more EV battery plants, executive says

OSAKA, Japan, July 3 (Reuters) – The battery arm of Japan’s Panasonic (6752.T) will need to build four more factories to reach its target for a sharp boost in annual capacity of batteries for electric vehicles by 2031, its technology chief told Reuters.

iRobot Stock Shoots Up After U.K. Approves Sale to Amazon

The British competition regulator approved Amazon U.K.’s ‘s $1.7 billion purchase of iRobot , the maker of smart vacuum cleaners.