Harley offers rare incentives to shift bike overhang: dealers

Harley-Davidson has taken the rare step of offering rebates on its 2016 motorcycles to U.S. dealers as an incentive for them to shift a backlog that has restricted sales of its latest models, three dealers and two analysts said. The unusual promotion, which the...

Meet the man who makes Facebook’s machines think

Nearly 3,000 miles away from Facebook’s Menlo Park headquarters, in an old, beige office building in downtown Manhattan, a group of company employees is working on projects that seem better suited for science fiction than social networking. The team, Facebook...

Boeing plans more layoffs affecting hundreds of engineers: Source

Boeing warned employees on Monday that it plans another round of involuntary layoffs that will affect hundreds of engineers, according to a source and a memo seen by Reuters. The layoffs are set to start June 23, and follow a prior involuntary reduction of 245 workers...

Buffett’s Berkshire, Chinese property portal Juwai.com team up

Berkshire Hathaway HomeServices on Monday said it entered a marketing agreement with Juwai.com, China’s largest international property website, to attract wealthy Chinese buyers looking to purchase homes in the United States. The real estate affiliate of...

Homebuilder sentiment cools in April following record reading in March

A survey of confidence among American home builders fell in April but remains optimistic headed into the spring, new data showed Monday. The National Association of Home Builders said its housing-market index fell by three points to 68 in April. The index reached 71...