Stellantis CEO Carlos Tavares resigns amid problems in U.S., falling sales

Why Stellantis’ chief executive Carlos Tavares was axed

Portuguese boss refused to budge on pace of EV transition as cries from suppliers, workers and government grew louder

Financial Times - 1d

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. - 2h

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 - 4h

Intel CEO Pat Gelsinger Steps Down Amid Chipmaker’s Struggles

Pat Gelsinger stepped down after nearly four years at the helm of the onetime highflying company, Intel said Monday.

The New York Times - 20h

South Korean won falls sharply against the U.S. dollar after president declares martial law

South Korea's won on Tuesday fell sharply against the U.S. dollar shortly after President Yoon Suk Yeol declared martial law.

CNBC - 4h

U.S. investors watch French budget mess amid memories of eurozone debt crisis

Bond-market participants in the U.S. and abroad were zeroing in Tuesday on the possibility that French Prime Minister Michel Barnier’s government could fall and assessing whether this could turn ...

MarketWatch - 1h

'Realistic' green policies good for the U.S., Aramco CEO says, with Trump to return to White House

Trump has pledged to "end Biden's delays in federal drilling permits and leases that are needed to unleash American oil and natural gas production."

CNBC - 4h

Why Turnout Wasn’t the Democrats’ Problem

We explore the data behind that assumption.

The New York Times - 7h

Googling Is for Old People. That's a Problem for Google.

The Wall Street Journal - 3d

Welsh Conservative leader Andrew RT Davies quits

Andrew RT Davies resigns for second time after months of pressure and a narrow confidence vote win.

BBC News - 2h

Namibia's female VP leads in presidential election marred by problems and opposition complaints

Namibia’s ruling party presidential candidate leads in early results of an election characterized by technical problems which caused voting to be extended for three days

ABC News - 1d

Will credit card interest rates fall this December?

Credit card rates are sitting at a record high right now, but will they drop lower this month? Here's what to know.

CBS News - 1d

Gold prices are supposed to fall by this measure — but there’s ‘no guarantee’

A “revival” in Chinese demand for gold and central-bank purchases are likely to lead gold prices a bit higher next year despite expectations for a stronger dollar and rise in Treasury yields, ...

MarketWatch - 1d

Moscow approves sale of Carlsberg’s Russian assets for $322mn

Danish brewer had previously accused the Kremlin of ‘stealing’ the business

Financial Times - 6h

Consumer watchdog proposes crackdown on personal data sales

The Consumer Financial Protection Bureau (CFPB) on Tuesday rolled out a new proposal aimed at cracking down on data brokers selling Americans' sensitive information. Under the proposed rule, the ...

The Hill - 8h

South Korean parliament votes to block martial law

Markets fall as lawmakers and the head of state wrestle for control

Financial Times - 1h

What makes the US truly exceptional

Are American pathologies the necessary price of economic dynamism?

Financial Times - 3h

Intel CEO Gelsinger Retires as Chipmaker Names Interim Co-CEOs

David Zinsner and Michelle Johnston Holthaus were named interim co-leaders after the boomerang executive, who returned to the company in 2021, left the top job.

Inc. - 1d

Trump’s economic plans may encounter a problem many Americans know all too well: Crushing debt

None of President-elect Donald Trump’s plans for boosting domestic production have “a chance” unless this happens, says one economist.

MarketWatch - 26m

Amid Syria’s Rebel Offensive, a Geopolitical Cauldron Simmers

Iran and Russia, both stretched by conflicts of their own, have experienced setbacks in Syria after a rebel offensive in the northwest of the country.

The New York Times - 3h

Woods still has 'fire' to compete amid injuries

Tiger Woods has said he still has "fire to compete" despite not featuring in a golf tournament for five months following a sixth back surgery.

BBC News - 2h

Best Kindle Cyber Monday Deals and Amazon Device Sales (2024)

Cyber Monday is almost over—grab the brand-new Kindle lineup and many other Amazon products, from Eero routers to Ring cameras, before time runs out.

Wired - 22h

Walmart's Cyber Monday Sale Includes 36-Inch Bluey Plush For $30

Walmart's Cyber Monday deals include a big discount for a big Bluey plushie. The three-foot-tall My Size Bluey plush is down to just $30 (was $50), making now the perfect time to grab the ...

GameSpot - 20h

Hotel lift death turns 'dream holiday into a nightmare'

Tyler Kerry's body was found partially clothed at the bottom of a lift shaft at a hotel in Turkey on Friday

BBC News - 12h

The most expensive US property for sale is a mere $295m – and likely to flood

The sprawling Florida mansion sits in one of the most vulnerable places in the US to climate-driven disasters. A sprawling Florida mansion set beside a powdery white sand beach overlooking the ...

The Guardian - 2h

Intel considers an outside CEO, taps headhunters, sources say

Intel is considering tapping an outside hire as CEO, a nearly unprecedented occurrence, as the company reels from the ouster of Pat Gelsinger.

CNBC - 29m

Rival union official says Atlantic City casino union boss should resign for opposing a smoking ban

Workers seeking an end to smoking in Atlantic City casinos say the main employee union has been won over by tobacco companies seeking allies in the fight against smoking restrictions

ABC News - 18h

France’s Prime Minister Could Be Forced to Resign This Week. Here’s What Could Happen Next.

A vote by Parliament could force the prime minister to resign, leaving his budget legislation in limbo.

The New York Times - 7h

Leader of Welsh Tories resigns saying ‘substantial minority’ of party do not support him – UK politics live

Andrew RT Davies narrowly won a confidence vote but is stepping down, saying his position is ‘untenable’. Lord Robertson , the former Labour defence secretary and former Nato secretary who is ...

The Guardian - 6h

White House defends pardon of Hunter Biden amid backlash

Republicans and some Democrats have accused Joe Biden of damaging trust in the justice department.

BBC News - 21h

Global arms trade soars in 2023 amid deadly conflicts

The top 100 global arms producers increased weapons and military-related sales by 4.3 percent last year, according to new research, as nations react to a more volatile and dangerous geopolitical ...

The Hill - 23h

Tuberville praises defense secretary pick Pete Hegseth amid misconduct allegations

Following his meeting Monday with Secretary of Defense nominee Pete Hegseth, Sen. Tommy Tuberville told reporters Hegseth would be "great" for the position.

ABC News - 3h

L.A. rethinking LeBron's 82-game goal amid slump

LeBron James' recent struggles have the Lakers rethinking the initial goal to have him play in all 82 regular-season games.

ESPN - 4h

Why Israel and Hezbollah Are Still Firing Amid a Lebanon Cease-Fire

Some violations of the truce, and some amount of violence, are to be expected, analysts say, and do not necessarily mean the deal will collapse and war will resume anytime soon.