Volkswagen’s CEO warned staff that urgent measures are needed to secure the company’s future amid heightened competition, price pressure and high labor costs just as the European car market contracted.
JetBlue Airways raised its revenue guidance for the year after bookings in November and December were higher than anticipated immediately following the U.S. presidential election.
The charge marks the latest example of how global automakers are struggling in China as local consumers embrace electric vehicles from homegrown brands.
Formerly a sleuth with the Manhattan DA’s office, Eitan Arusy is now caught up in a globe-spanning “hack-and-leak” probe.
Mark Clouse will join the Washington Commanders as president early next year after more than five years as the food-company’s boss
Andrew Sullivan, head of international businesses and global investment management, will succeed him.