17 Jan Fiat Chrysler in Talks With Foxconn to Develop Electric Cars MILAN — Fiat Chrysler is in talks with the Chinese company Foxconn to develop and manufacture battery-powered vehicles, the U.S.-Italian automaker said Jan. 17. Read more...
17 Jan Employers Post Fewer Jobs in November WASHINGTON — The number of available jobs fell sharply in November, dropping to 6.8 million, a decline of 7.6% from the October level. Read more...
17 Jan Walmart Shuffles Leadership as Nervous Investors Await Results Walmart Inc.’s new U.S. chief wasted no time putting his stamp on the unit, appointing his former top lieutenant as second in command and parting ways with the retailer’s head of merchandising. Read more...
17 Jan Goodyear Launches VC Fund Focused on Mobility The Goodyear Tire & Rubber Co. announced a new venture capital fund, Goodyear Ventures, with $100 million targeted for new investments in future mobility solutions over the next 10 years. Read more...
17 Jan FMCSA Gives Bus Drivers Exemption From California Rest-Break Rules The Federal Motor Carrier Safety Administration has granted a petition submitted by the American Bus Association that exempts bus drivers from following California’s meal-and-rest-break rules. Read more...
17 Jan NHTSA Reviews Claims of Unintended Acceleration in Teslas The National Highway Traffic Safety Administration is evaluating allegations that Tesla Inc. vehicles contain a defect that can cause sudden unintended acceleration, according to a notice posted on the agency’s website. Read more...
17 Jan GlobalTranz Buys Logistics Firm Cerasis GlobalTranz Enterprises, a national transportation management company for truckers and other shippers, has acquired Cerasis, a privately held company in Eagan, Minn., with about $150 million in revenue and 119 employees. Read more...
17 Jan Bulkmatic Launches New National Joint Venture With Bulk FR8 Bulkmatic, one of the largest dry bulk transporters in the United States, is teaming up with Seattle-based Bulk FR8 to form a new nationwide joint venture. Read more...
17 Jan Michael Bloomberg Outlines Plans for Cleaner Buildings, Cars SACRAMENTO, Calif. — Democratic presidential candidate Michael Bloomberg would push for all new cars to be electric by 2035 and new buildings to produce zero carbon emissions by 2025 as part of clean energy plans he released this week. Read more...
17 Jan China’s Wider Fight With US Is Only Just Beginning After Trade Deal In a letter read out during the Jan. 15 trade deal signing at the White House, Chinese leader Xi Jinping asked U.S. President Donald Trump to take steps to “enhance mutual trust and cooperation between us.” Read more...