Category: Business
-
How Stellantis CEO’s Cost-Cutting Mantra Cost Him His Job
Carlos Tavares’s abrupt exit from the Jeep maker came amid concerns over his renewed efficiency drive.
-
Why Europe’s Vaunted Car Industry Is in Crisis
Europe’s carmakers used to rule the world but now they are fighting battles at home and abroad.
-
Tesla’s China Sales Fall as Competition Heats Up
The U.S. electric-vehicle maker’s China-made car sales fell 4.3% in November.
-
Sanofi to Invest $1 Billion in New Insulin Manufacturing Base in China
The new base, which will be located in Yizhuang, Beijing, marks Sanofi’s second production site in the capital and its fourth in the country.
-
Musk’s Multibillion-Dollar Pay Package Is Rejected Again by Judge
Tesla’s board had argued that a shareholder vote earlier this year addressed the court’s previous criticisms.
-
Microchip Technology to Cut Jobs, Sees Revenue Near Low End of Views
The Chandler, Ariz., total system solutions provider said it plans to cut about 500 employees following slower-than-expected turns orders and manufacturing restructuring plans.
-
AT&T Gave Up on the Media Business, and Its Stock Has Surged
Investors have welcomed CEO John Stankey’s return to boring wireless and broadband services after costly entertainment gambles.
-
Carlsberg Sells Russian Baltika Breweries Business
Carlsberg agreed to sell its Russian Baltika Breweries business, ending a long-running legal dispute sparked after the Russian government seized control.
-
Auto & Transport Roundup: Market Talk
Find insight on Mercedes-Benz, Frontier Airlines, BMW and more in the latest Market Talks covering the Auto and Transport sector.
-
Financial Services Roundup: Market Talk
Find insight on Worldline , Swiss Life, RHB Bank and more in the latest Market Talks covering financial services.