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Trump’s 25% tariff could be an existential threat to Canada’s recovering auto industry

Trump’s 25% tariff could be an existential threat to Canada’s recovering auto industry

Canadian and American flags fly near the base of the Ambassador Bridge connecting Canada to the U.S. in Windsor, Ontario, Canada, on Wednesday, May 26, 2021. Cole Burston | Bloomberg | Getty Images DETROIT — There’s growing concern that President-elect Donald Trump’s plan to impose 25% tariffs on Canadian imports would be an existential threat […]

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From Nike to Intel, CEO departures at U.S. companies hit a record this year

From Nike to Intel, CEO departures at U.S. companies hit a record this year

Clockwise from top: Former Boeing CEO Dave Calhoun (CNBC), Starbucks former CEO Laxman Narasimhan (Getty Images), former Nike CEO John Donahoe (Reuters), former Intel CEO Pat Gelsinger (Getty Images) TL: CNBC | TR: Getty Images | BL: Reuters | BR: Getty Images Retired, ousted or poached, CEOs headed for the exits this year. U.S. public

From Nike to Intel, CEO departures at U.S. companies hit a record this year Read More »

Stellantis further delays electric Ram pickup to prioritize plug-in ‘EREV’ model

Stellantis further delays electric Ram pickup to prioritize plug-in ‘EREV’ model

2025 Ram 1500 Ramcharger Tungsten Ram DETROIT — Stellantis said Wednesday it will further delay an all-electric Ram pickup from 2025 until 2026, as the automaker confronts slower-than-expected adoption of EVs and competitors struggle to make profits on electric trucks. The decision to delay the full battery-electric model, which had already been postponed from this

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Waymo to begin testing in Tokyo, its first international destination

Waymo to begin testing in Tokyo, its first international destination

A Waymo rider-only robotaxi is seen during a test ride in San Francisco on Dec. 9, 2022. Paresh Dave | Reuters Alphabet-owned Waymo announced Monday that it will start testing its autonomous vehicles in Tokyo in early 2025, the company’s first step toward international expansion.  Waymo hasn’t committed to start commercial service in Tokyo yet,

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From growth to gone: GM’s Cruise robotaxi business is latest growth initiative to falter

From growth to gone: GM’s Cruise robotaxi business is latest growth initiative to falter

A Cruise autonomous taxi in San Francisco, California, US, on Thursday Aug. 10, 2023. David Paul Morris | Bloomberg | Getty Images DETROIT — For years, General Motors CEO and Chair Mary Barra has promised a new future for the company, away from a stodgy metal-bending automaker into a tech-driven, forward-thinking company poised for growth.

From growth to gone: GM’s Cruise robotaxi business is latest growth initiative to falter Read More »

Why it’s gotten more difficult to get a free first-class upgrade

Why it’s gotten more difficult to get a free first-class upgrade

Passengers deplane through the business class seating area on an American Airlines flight, London Heathrow Airport, Aug. 14, 2018. Jeff Greenberg | Universal Images Group | Getty Images Cheap seats aren’t enough for airline passengers anymore. Since the pandemic, travelers have shown airlines that they’re willing to pay up to sit at the relatively spacious

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FAA head Michael Whitaker to step down before Trump takes office

FAA head Michael Whitaker to step down before Trump takes office

Federal Aviation Administration Administrator Mike Whitaker listens to a question during a news conference on the FAA’s work to hold Boeing accountable for safety and production quality issues, at the Federal Aviation Administration Headquarters on May 30, 2024 in Washington, DC.  Andrew Harnik | Getty Images The head of the Federal Aviation Administration, Mike Whitaker,

FAA head Michael Whitaker to step down before Trump takes office Read More »

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