Equipment Leasing Small Business News + More Asian Central Banks Struggling to Defend Currencies + MORE 11/20/2016

Women’s apparel retailer The Limited Stores has hired Guggenheim Partners as financial adviser to explore a possible sale, people familiar with the matter said.

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One of the U.S. auto industry’s best-known figures has extended an olive branch to President-elect Donald Trump by informing him the car maker won’t move a small amount of production to Mexico, the latest effort by a business leader to thaw tension stemming from the incoming administration’s position on key issues, including global trade.

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DraftKings, FanDuel Agree to Merge

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The two major daily fantasy sports sites have agreed to set aside their bitter rivalry and become one as they face down regulatory and legal challenges to their business.

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Chipotle Mexican Grill and William Ackman are nearing a settlement that would give the activist investor a say in the boardroom at the beleaguered burrito chain.

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Volkswagen’s plan to cut 30,000 jobs in a restructuring of its VW brand disappointed investors who fear it still won’t close the gap with rivals.

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Theranos, David Boies Cut Legal Ties

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The famed litigator and his law firm stopped doing work for Theranos after disagreeing about how to handle government investigations of the blood-testing company.

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Smaller Cities Look Big Again to United

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A push into as many as 20 smaller cities formed the centerpiece of plans laid out this week by United Continental to reinvigorate the No. 3 U.S. carrier by traffic.

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Facebook Fends Off Crises With Confidence

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Facebook’s growing clout has spawned a series of prominent controversies—and increased confidence in staring them down.

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Flavored extensions of vodka and whiskey brands can attract new customers and spark interest in existing drinkers, but the boom often is short lived, resulting in choppy sales.

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Central bankers throughout Asia are digging deep into their policy tool kits to find novel ways to respond to a wave of sharp market movements since Donald Trump’s surprise U.S. presidential election victory.

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