May 25, 2019

Fiat Chrysler in talks over ties with Renault: source

Italian carmaker Fiat Chrysler Automobiles NV is in talks to form ties with Renault SA, a person familiar with the matter said on Saturday.
May 25, 2019

Jet Airways founder Naresh Goyal and wife stopped from leaving India – airport official

Indian carrier Jet Airways (India) Ltd founder Naresh Goyal and his wife Anita Goyal were stopped from leaving India on Saturday at Mumbai airport, according to an airport official who asked not to be named.
May 24, 2019

9 incredibly successful companies founded by military veterans

Some of the world's most recognized companies have founders who served overseas.  The companies include retail giant Walmart, whose founder Sam Walton served as an Army captain. Here are other successful businessmen with...
May 24, 2019

Robinhood, a trading app loved by millennials, is reportedly nearing funding that would value it at over $7 billion

Robinhood, the commission-free trading app, is close to raising funds at a $7 billion valuation, according to The Information. The app is particularly popular among younger investors, with over 4 million active users. Visit M...
May 24, 2019

China aluminum magnate Zhang Shiping dies aged 73

Zhang Shiping, who oversaw the rise of China Hongqiao Group into the world's biggest aluminum producer, died on Thursday at the age of 73, the company said.
May 24, 2019

Fears of deeper U.S.-China trade war push Asian shares to four-month low

Asian stocks stumbled to a four-month low on Friday and crude oil plunged on worries the U.S.-China trade spat was developing into a more entrenched strategic dispute between the world's two largest economies, pushing investors to safe-haven assets.
May 23, 2019

American Airlines CEO reveals the most important lesson he learned from the legendary founder of Southwest Airlines (AAL)

American Airlines CEO Doug Parker says the art of listening is an integral skillset for business leaders. It's a lesson Parker learned by watching the late Herb Kelleher, founder and former CEO of Southwest Airlines. Accordin...
May 23, 2019

Trump’s tariffs will cost households more than $800 per year, study finds

The Trump administration more than doubled the tariff rate on a tranche of Chinese products this month.  Tariffs are now poised to cost the average American household more than $800 per year, according to a new study. Vi...
May 23, 2019

A Goldman Sachs partner who co-headed European equity research is retiring after 18 years at the firm

An internal memo, seen by Business Insider, said Goldman Sachs' EMEA equity research head Richard Manley will retire. John Sawtell will be sole leader of the group.   Goldman Sachs' co-head of equity research in Eu...
May 23, 2019

Tesla is on track to snap a 6-day losing streak even as analysts’ concerns mount (TSLA)

Tesla shares turned higher on Thursday after selling off in early trading. Shares jumped 2%, though they were still trading near their lowest level in 2 1/2 years. The stock is coming off a six-day losing streak, fueled by an...