February 7, 2020

Ford shakes up top management, promises faster turnaround

Ford Motor Co on Friday shook up its top management, naming strategy chief Jim Farley as chief operating officer and promising skeptical investors the company will […]
February 7, 2020

EU goes into meeting frenzy ahead of February 20 summit on next seven-year budget

European Union leaders and institutions went into a frenzy of meetings this week to start the toughest job the bloc faces this year: agreeing on a […]
February 7, 2020

U.S. ‘Section 232’ auto decision on hold for possible U.S.-EU trade deal: Kudlow

White House economic adviser Larry Kudlow said on Friday a U.S. decision to impose “Section 232” national security tariffs on cars and auto parts imported from […]
February 7, 2020

Uber’s new roadmap to profitability draws Wall Street praise

Shares of Uber Technologies Inc rose on Friday after the ride-hailing company laid out an ambitious plan to be profitable by the end of 2020, a […]
February 7, 2020

Ford shakes up top management three days after weak profit outlook

Ford Motor Co on Friday named top executive Jim Farley its chief operating officer, positioning him as potential heir to Chief Executive Officer Jim Hackett and […]
February 7, 2020

Thiam quits as Credit Suisse CEO after split with chairman over spying scandal

Credit Suisse Chief Executive Tidjane Thiam has quit after a power struggle with Chairman Urs Rohner at Switzerland’s second-biggest bank, triggered by a damaging spying scandal. […]
February 7, 2020

Credit Suisse chairman says many shareholders back board on CEO exit

Credit Suisse Chairman Urs Rohner said many shareholders have backed the board following the departure of Chief Executive Tidjane Thiam in the fallout from a spying […]
February 7, 2020

ArcelorMittal, commissioners extend talks on Italy’s Ilva plant: lawyer

ArcelorMittal and commissioners of the Ilva steelworks in southern Italy have agreed to extend talks to the end of the month after making progress towards a […]
February 7, 2020

Blue collar boom? College grads, baby boomers big winners in Trump’s economy

U.S. President Donald Trump rolled out an eye-catching statistic in his State of the Union address Tuesday: the wealth held by the poorest half of American […]
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