Brand News: Barclays, FedEx, McDonald’s and more

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Barclays slashes 19,000 jobs and reins in Wall Street ambitions.

FedEx jolts e-commerce with charging by package size.

McDonald’s same-store sales rise in China as company braces for global strike.

Tesla plans to break ground on gigafactory but disappoints with quarterly performance.

Toyota sees earnings hit by US recall settlement while performing well overall.

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Abercrombie & Fitch and Old Navy try to sell their brands in China.

Costco steps up presence in beauty trade.

DirecTV weighs possible deal with AT&T.[more]

Forever 21 and J.Crew explore value-fashion concepts.

Jeep brings back Michael Jackson for summer campaign.

La-Z-Boy and Brooke Shields show “Urban Attitudes” collection.

Lipton partners for branded-video series with Kristen Bell.

Mattel rents Hot Wheels to kids in Europe.

NBC extends Olympics broadcast rights.

Nestle faces coffee challenge from new player created by Mondelez merger.

PSA Peugeot Citroen targets Volkswagen under new CEO.

Southwest plays hardball to keep Virgin off its home turf.

Whole Foods sees stock value sacked by slowing sales.

Whyte and Mackay whiskey brand has a new owner.

Woolite introduces new formula.

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