Bloomberg General Motors Co.’s strategy of shunning discounted sales to rental-car companies to focus on more profitable deliveries of pickups and SUVs to U.S. consumers is boosting its bottom line. Adjusted earnings of $1.89 per share in the three months ended in June beat analyst estimates of $1.70 a share. The largest U.S. automaker sold a richer mix of sport ...

Bloomberg Michael Kors Holdings Ltd. agreed to buy Jimmy Choo Plc for about 896 million pounds ($1.2 billion), as the maker of handbags popular with the commuter set seeks to restore lost luster. The purchase of Jimmy Choo, Michael Kors’ first deal to expand beyond its own brand name since its initial public offering in 2011, gives the New York ...

Bloomberg India’s ambitious ‘Housing for All’ plan is bumping up against some harsh realities. Prime Minister Narendra Modi set a target in 2015 of building 50 million homes in less than a decade, or about seven million a year. The nation has since added only 180,877 under the scheme, underscoring the challenge in achieving that target. “It was a moon ...