How Stellantis CEO's Cost-Cutting Mantra Cost Him His Job

Carlos Tavares’s abrupt exit from the Jeep maker came amid concerns over his renewed efficiency drive.

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Meloni says Italy aims to protect jobs after CEO of Fiat owner Stellantis quits

Company is at loggerheads with Italian government, which claims it has not invested enough in the country. Business live – latest updates The Italian prime minister, Giorgia Meloni, has said ...
The Guardian - 1d
The Cost of Gold Rattles the Jewelry World

Bold gold pieces are trendy, but makers worry that the steep price increases for the precious metal will soon deter demand.
The New York Times - 1d
World Bank Warns of Record Debt Costs for Developing Countries

The World Bank warned in a new report that poor countries will be stuck in economic “purgatory” without debt relief.
The New York Times - 1d
US trails developed democracies in healthcare costs for older adults

Report comparing 10 peer countries shows how holes in Medicare coverage lead to Americans skipping care. Older Americans spend more on healthcare than peers in 10 other developed democracies, a new ...
The Guardian - 3h
Chipotle Raises U.S. Prices by 2% to Offset Inflation Costs

The chain aims to balance higher costs for avocados, queso and sour cream while maintaining its appeal to inflation-weary consumers.
The Wall Street Journal - 17m
Why Making the Same Decisions Over and Over Led Stellantis’ CEO to Resign

The departure of Carlos Tavares from the automotive giant he helped create follows his inability to move on from previously successful strategies when faced with new, shifting challenges.
Inc. - 1d
German job cuts darken mood of election campaign

Snap February poll comes as Europe’s largest economy faces its toughest challenges for decades
Financial Times - 1d
Stellantis and Intel heads resign, adding to record-breaking CEO step-downs this year

A record number of CEOs have left their roles in 2024, according to an analysis by a career transitioning firm. Stellantis and Intel's CEOs contributed to the trend this week as the companies face ...
CBS News - 17h
Intel CEO’s Departure Latest in List of Top Jobs Vacated in 2024

Leadership changes at large publicly traded companies from Boeing to Starbucks were a feature of the corporate landscape in a tumultuous year.
Inc. - 1d