- PoliticsThe Business Journals•1 hour ago
The execs who led to council's end
Ginni Rometty, Indra Nooyi and Mary Barra were key to disbanding an advisory group to President Donald Trump, CNBC reports. IBM’s Rometty, Pepsico's Nooyi, and GM’s Mary Barra, all members of the Strategy and Policy Forum, talked Tuesday after the president doubled down on earlier comments that “many sides” were responsible for violence in Charlottesville, Va.. Heather Heyer died Saturday after being hit by a car during a "Unite the Right" rally nearby. The three, along with Boston Consulting Group CEO Rich Lesser, spoke about the issue in a conference call, deciding to ask council leader Steve Schwarzman, the CEO of Blackstone, to convene all members by phone Wednesday morning. During a conference
- BusinessBloomberg•9 hours ago
European Stocks Decline as Investors Assess U.S. Policy Concern
European stocks dropped the most in a week amid rising concern over Donald Trump’s pro-growth policy agenda following a rebuke by business leaders. The Stoxx Europe 600 Index dropped 0.6 percent at the close.
- BusinessThe Street•7 hours ago
Fiat Chrysler Skids as Dongfeng Motor Denies Interest
Fiat Chrysler Automobiles' (FCAU) shares skidded off the road in morning trading Thursday, after a second Chinese motor manufacturer said it has no plans at the moment to acquire the Milan-listed auto-maker or take a stake in the business. Zhu Mi, a spokesman for Whuan, China-based Dongfeng Motor Group (DNFGF) , told Reuters there were no plans for an acquisition of the whole group, Fiat or Chrysler separately or a specific brand or technology that belongs to Fiat Chrysler The share dropped to €10.86 by 11.21 a.m. local time, down 0.37% on Wednesday's close. The carmaker's American Depositary Receipt shares were down 0.78% in Thursday premarket trading, indicated to open at $12.68, after gaining
