EU News Digest Latest News & Updates
Issei Kato | Reuters Passersby are silhouetted as a huge street monitor broadcasts news reporting ousted Nissan Motor chairman Carlos Ghosn’s indictment and re-arrest in Tokyo, Japan December 10, 2018. Carlos Ghosn, the recently ousted Nissan Motor chairman, received about $8 million in pay in 2018 from a Netherlands-based entity …
Read More »The ten hottest cars debuting at the Detroit auto show
Bryan Mitchell | Getty Images Part of the overall show floor seen during the press preview days at the North American International Auto show January 14, 2008 at Cobo Center in Detroit, Michigan. The NAIAS is the world’s largest auto show. Long the dominant U.S. auto show, Detroit’s North American …
Read More »Ford has a lot riding on the Detroit auto show this year
Bill Pugliano | Getty Images The new 2020 Ford Explorer SUV is revealed at Ford Field on January 9, 2019 in Detroit, Michigan. Few automakers exhibiting at the Detroit auto show, which kicks off Sunday in Detroit, have more riding on this year’s show than Ford. The company, which is …
Read More »Yeti jumps 10% after raising guidance
Sergio Flores | Bloomberg | Getty Images Coolers sit on display for sale at the Yeti Holdings Inc. flagship store in Austin, Texas, U.S., on Wednesday, Sept. 12, 2018. YETI shares jumped 10 percent after it raised its full-year guidance and released preliminary results. The company said it now expects …
Read More »Tilray soars 23% after Peter Thiel fund says it won’t trim its stake
Adam Jeffery | CNBC Peter Thiel, American entrepreneur, venture capitalist, and hedge fund manager. Though there are more than 76 million Tilray shares outstanding, the public markets only have access to 23 percent of the total equity, about 17.8 million shares. Further, of those 17.8 million floating shares, more than …
Read More »Nissan cancels lease on ex-Chairman Ghosn’s Tokyo apartment
Takashi Aoyama | Getty Images Pedestrians walk past a big screen showing images of Former Nissan Motor Co. Chairman Carlos Ghosn in a news program on Jan. 8, 2019 in Tokyo, Japan. Nissan Motor has terminated the lease to ex-Chairman Carlos Ghosn’s luxury apartment in Tokyo, Ghosn’s legal team said …
Read More »The passion behind becoming a round-the-world yachtswoman
Chris Ison – PA Images | PA Images | Getty Images Yachtswoman Ellen MacArthur arrives in England after her record breaking finish in the Vendee Globe race. “I knew then that I wanted to sail around the world. As a kid, that was the goal. I had no idea how …
Read More »Grounded new planes, routes, safety inspections
Michael S. Williamson | The Washington Post | Getty Images As an airliner prepares to land, a bird takes off at the Gravelly Point park that’s just off the end of the runway near Reagan National Airport. Airlines can’t get federal officials to sign off on new planes and routes …
Read More »MGM Resorts rises on report of Starboard Value stake
Chris Goodney | Bloomberg | Getty Images Jeff Smith, chief executive officer and chief investment officer of Starboard Value LP. Shares of MGM Resorts rose on Thursday after a report that activist hedge fund Starboard Value has built a stake in the company. Two people familiar with the matter told …
Read More »Ford Europe to slash thousands of jobs in turnaround plan
Carl Court | Getty Images News | Getty Images An employee walks past a Ford logo in the yet-to-be-completed engine production line at a Ford factory on January 13, 2015 in Dagenham, England. Ford said it will seek to exit the multivan segment, stop manufacturing automatic transmissions in Bordeaux in …
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