Coverage: Fiat CEO Marchionne steps down due to ailing health
Fiat Chrysler Automobiles named Mike Manley, who had been the head of Jeep and Ram brands, as CEO Sergio Marchionne’s successor on Saturday and Ferrari’s board named John Elkann as its new chairman after announcing that Marchionne would be unable to return to work. Randy Essex and James LaReau of the Detroit Free Press had the news: Elkann also […]
Coverage: Auto makers push back on Trump’s proposed tariffs
President Donald Trump is considering slapping tariffs on imported autos and auto parts, a move he says would aid American workers but that could inflate car prices, make U.S. manufacturers less competitive and draw retaliation from other nations. Paul Wiseman, Christopher Rugaber and Tom Krisher of the AP had the news: On Thursday, manufacturers, suppliers, car dealers and […]
Coverage: UPS, union reach deal on new contract
A segment of United Parcel Services’ union members have reached a tentative agreement with the courier company for a new five-year contract. Brittany De Lea of FoxBusiness.com had the news: The new deal covers about 11,000 UPS freight employees represented by Teamsters. The company says deals have now been reached for both the freight and small […]
Coverage: Uber, Alphabet invest in bike-sharing service Lime
Bike sharing service Lime said on Monday it raised $335 million from a group of investors that include ride-sharing firm Uber Technologies Inc. and Google’s parent Alphabet Inc. Dara Kerr of CNET had the story: Along with Google Ventures, Lime also confirmed that Uber was involved with this funding round. The ride-hailing company additionally plans to […]
Business Insider U.S. editor defends reporter on Tesla story
Alyson Shontell, the U.S. editor in chief of Business Insider, took to Twitter on Thursday to defend reporter Linette Lopez, whom Tesla CEO Elon Musk accused of paying a source for information. Shontell wrote, “.@businessinsider does not compensate its sources. It did not do so here and we stand by @lopezlinette’s reporting on Tesla. Our invitation […]
Memphis Commercial Appeal seeks a FedEx reporter
The Memphis Commercial Appeal is seeking a business reporter to cover FedEx, the logistics industry, tourism and the economy. The successful candidate will break news daily in those areas, with a sharp focus on the players that drive innovation and change in the Memphis business community. The reporter who joins our award-winning team should have […]
Auto reporter Tierney dies from Parkinson’s disease
Longtime automotive industry reporter Christine Tierney died last week at the age of 60 from Parkinson’s disease. Tierney covered the auto industry for nearly 20 years from Paris, Frankfurt and Detroit, winning awards for breaking news and in-depth projects. I She wrote stories ranging from GM’s bankruptcy to the breakup of DaimlerChrysler and a resurgent Volkswagen’s goal […]
Reuters names new company/industry reporters
Tiffany Wu, Americas managing editor for news at Reuters, sent out the following announcement: We’d like to catch you up on some recent beat changes in the U.S. companies reporting teams. Tracy Rucinski in Chicago will begin to cover airlines from July 1 and help to coordinate aviation coverage in the Americas, working as part of […]
Coverage: American Airlines cancels thousands of flights
A computer glitch within PSA Airlines, an American Airlines regional carrier, forced the cancellation of hundreds of flights on Monday and Tuesday at Charlotte Douglas International Airport in North Carolina. Brian Pascus of Business Insider had the story: The problem has plagued American Airlines since last week. On Thursday and Friday, about 675 PSA flights were canceled because […]
Coverage: Audi’s CEO arrested in diesel scandal
Volkswagen began work to find a stand-in boss for its Audi brand after German authorities arrested current Audi Chief Executive Rupert Stadler as part of a probe into emissions test cheating. Edward Taylor and Jan Schwartz of Reuters had the news: Stadler’s arrest on Monday threw Volkswagen (VW) into turmoil as it struggles to recover from cheating revelations, […]
