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  • Fiat Chrysler's CEO to Step Down Early - New York Times July 21, 2018
    New York TimesFiat Chrysler's CEO to Step Down EarlyNew York TimesFiat Chrysler Automobiles said on Saturday that it had named a successor to its chief executive, Sergio Marchionne, who will step down early as a result of complications from recent shoulder surgery. Mr. Marchionne had been expected to retire in 2019 ...Fiat Names Jeep Chief […]
  • Eastern Market suspends company after spitting incident - Detroit Free Press July 21, 2018
    Detroit Free PressEastern Market suspends company after spitting incidentDetroit Free PressThe Eastern Market Corp. has suspended Detroit Manufacturing Co., a company owned by accused spitter Robert Stanzler, from selling at Eastern Market, according to a Facebook post. Eastern Market Corp. is the nonprofit organization that operates the ...and more »
  • A Tsunami of money could be headed Tesla's way in the next year — and that's bad news for the bears - Business Insider July 21, 2018
    Business InsiderA Tsunami of money could be headed Tesla's way in the next year — and that's bad news for the bearsBusiness InsiderTesla investors have been preoccupied with the Model 3, Elon Musk's behavior, and the promise of profits — but they've been overlooking Tesla's potential surge in revenues. Tesla could see massive topline improvements […]
  • Papa John's CEO Pledges To Fix Culture, But Sidesteps Most Allegations About Himself - Forbes July 21, 2018
    ForbesPapa John's CEO Pledges To Fix Culture, But Sidesteps Most Allegations About HimselfForbesPapa John's CEO Steve Ritchie sent a note to employees on July 19 pledging to address failings in the company's culture, following a report published by Forbes that morning. In his letter, Ritchie said he was “personally offended by the actions” of ...Here's […]
  • Amazon, Toyota, Alcoa and others working to counter Trump's tariff plans - CNBC July 21, 2018
    CNBCAmazon, Toyota, Alcoa and others working to counter Trump's tariff plansCNBCBig companies in the United States from Amazon, Toyota Motor and Alcoa are working to counter the effect of the Trump administration's trade policies and to head off new tariffs. Companies are attempting to avoid any confrontation with U.S. President ...The Trade Casualties MountWall Street […]
  • Home Depot fired him after he spoke to a 'racist' customer. Then he told the media about it. - Washington Post July 20, 2018
    Washington PostHome Depot fired him after he spoke to a 'racist' customer. Then he told the media about it.Washington PostAfter a man last Thursday approached the checkout at a Home Depot in Albany, N.Y., staff member Maurice Rucker asked him to leash his dog. That's when the man exploded. Rucker, a 60-year-old black man, claimed […]
  • Facebook Suspends Analytics Firm on Concerns About Sharing of Public User-Data - Wall Street Journal July 20, 2018
    Wall Street JournalFacebook Suspends Analytics Firm on Concerns About Sharing of Public User-DataWall Street JournalFacebook Inc. suspended another company that harvested data from its site and said it was investigating whether the analytics firm's contracts with the U.S. government and a Russian nonprofit tied to the Kremlin violate the platform's policies. Crimson ...Facebook suspends analytics firm […]
  • Currency War Erupts, Threatening to Ripple Across Global Markets - Bloomberg July 20, 2018
    BloombergCurrency War Erupts, Threatening to Ripple Across Global MarketsBloombergThe currency war has arrived. So say some of the best and brightest in the $5.1 trillion-per-day foreign-exchange market. U.S. President Donald Trump on Friday accused China and the European Union of “manipulating their currencies and interest rates ...China's Yuan Fluctuates as Trade Clash Creates UncertaintyWall Street JournalMarkets […]
  • GE beats on EPS but trims cash flow target; shares fall - Reuters July 20, 2018
    ReutersGE beats on EPS but trims cash flow target; shares fallReuters(Reuters) - General Electric Co reported a smaller-than-expected drop in profit on Friday, but cut a key financial target, raising questions about its full-year outlook and sending shares sharply lower.GE's Profit Falls as Power Division Remains a DragWall Street JournalHoneywell (HON) or GE: Which Conglomerate […]