Chrysler parent Stellantis laying off 400 salaried U.S. workers due to ‘unprecedented uncertainties’
Stellantis on Friday said the layoffs would affect about 2% of employees in certain units “after rigorous organizational reviews.”
Rep. Marjorie Taylor Greene files motion to oust Mike Johnson as House speaker
Johnson has served as speaker of the House for five months. It wasn’t immediately clear how the House would respond to the motion.
Chrysler, Dodge parent recalling 318,000 vehicles over potentially faulty airbag parts
Side airbag inflators can explode and hurl shrapnel inside the affected vehicles.
Former Fed Vice Chair Clarida sees possibility of fewer rate cuts than expected this year
Clarida said his former colleagues need to be on guard against sticky prices that could thwart plans to ease this year.
The U.S. is the top country for millionaires and billionaires
The population of millionaires in the U.S. over the past five years has grown nearly twice as fast as China’s.
Apple faces years of distractions after DOJ antitrust suit
If the DOJ wins, it could seek a range of changes to Apple’s business. U.S. officials didn’t rule out the possibility that Apple could be broken up.
Elizabeth Warren calls on SEC to investigate Tesla, Elon Musk over governance issues once again
The senator cites in her letter the “possible misappropriation of Tesla resources and conflicts of interest arising from Mr. Musk’s dual role at Tesla and X.”
Redditors bank millions of dollars as a group on stock’s opening day
Some Redditors had a big day on Thursday after the social messaging company went public on the New York Stock Exchange.
Indicted Sen. Bob Menendez teases independent reelection run if exonerated
The New Jersey Democrat’s decision comes as he faces federal bribery charges.
Judge orders Trump company to tell financial watchdog about efforts to get appeal bonds
Donald Trump is trying to avoid paying a $454 million business fraud judgment stemming from a lawsuit by New York Attorney General Letitia James.
