PSA shareholders approve merger with Fiat Chrysler
At a special shareholder meeting, the plan to form Stellantis was backed by more than 99 percent of the votes cast by the company's top investors, including the Peugeot family and Dongfeng Motor......»»
Investigating the evolution of a double oxygen-neon white dwarf merger remnant
A research group led by assistant professor Wu Chengyuan from Yunnan Observatories of the Chinese Academy of Sciences has investigated the evolution of post-merger remnant resulting from the coalescence of double oxygen-neon white dwarfs. They have f.....»»
Video game voice actors are poised for a strike after successful SAG-AFTRA vote
SAG-AFTRA voted to approve a strike against the video game industry ahead of its next round of bargaining sessions......»»
Bob Lutz joins board of lightweight wheel supplier Carbon Revolution
Australian carbon-fiber wheel maker Carbon Revolution named former GM Vice Chairman Bob Lutz and other veteran U.S. auto executives to its board, pending the completion of its upcoming SPAC merger......»»
MileOne Autogroup sells 7 Virginia dealerships to Atlantic Coast Automotive
The stores trading hands between MileOne Autogroup and Atlantic Coast Automotive Group sell Chrysler, Dodge, Jeep, Ram, Chevrolet, Nissan, Hyundai, Acura and Ford brands and are in the Virginia cities of Chesapeake and Newport News......»»
Britain set to approve amended Microsoft-Activision deal
Microsoft's proposed multibillion-dollar purchase of Activision Blizzard took a step closer to fruition on Friday as UK regulators said an amended version of the deal is likely to resolve their concerns over the acquisition......»»
UAW demands would make Detroit 3 uncompetitive, ex-car czar Rattner says
Steven Rattner, who negotiated concessions with the UAW to help keep General Motors and Chrysler afloat in 2009, says union workers deserve significant raises but can't make the automakers uncompetitive......»»
Stellantis finally reveals its upcoming EV lineup
Ram's electric pickup is due out in late 2024, and Alfa Romeo and Chrysler plan to drop all internal combustion engines in the years ahead......»»
TIMELINE: A look at UAW-Detroit 3 negotiations and the looming union strike threat
The escalation comes as negotiations over a new deal, which began in July, between the union and Ford, GM and Chrysler parent Stellantis have yet to result in an agreement......»»
Chinese financial reporting prioritizes communicating stability, strong connections to stakeholders vs. shareholders
It's commonly accepted that U.S. and Chinese companies treat financial reporting and disclosure differently......»»
Hybrid vehicles get another U.S. boost from Ford, others
Ford is the latest of several top automakers, including Toyota and Chrysler parent Stellantis, planning to build and sell hundreds of thousands of hybrid vehicles in the U.S. over the next five years......»»
Looking back on Chrysler 300"s run as a pop culture staple
The assembly plant for the car driven by Snoop Dogg and former President Barack Obama is being retooled to build EVs......»»
New offer gives Ubisoft, not Microsoft, control of Activision game-streaming rights
UK still needs to approve the new deal, which could extend far beyond Ubisoft+. Enlarge / Ubisoft could be the new home to Activision's streaming catalog under a new proposal from Microsoft. (credit: Ubisoft) In a major.....»»
China blocks Intel’s $5.4B merger with Tower Semiconductor
Deal ends with Intel paying a $353 million termination fee to Tower. Enlarge (credit: NurPhoto / Contributor | NurPhoto) Today, Intel officially announced the termination of a $5.4 billion deal with Tower Semiconductor t.....»»
California gives Waymo and Cruise the go-ahead to charge passengers
The California Public Utilities Commission voted 3-1 to approve 24-hour service. Enlarge (credit: Cruise) The robotaxi companies Waymo and Cruise now have permission to offer around-the-clock driverless rides to fee-payi.....»»
New report reveals dramatic rise in cash earnings of shareholders in Britain"s big 2 oil companies
Amid the cost of living crisis in a world getting rapidly hotter, a new report published today reveals the staggering £113bn cash earnings of BP and Shell shareholders......»»
TSMC expected to approve $11 billion Germany chip factory plans
TSMC is expected to finalize its plan and approve the building of an $11 billion chip plant in Dresden, Germany, following a Tuesday board meeting.Workers outside a TSMC plantApple chip partner TSMC is getting closer to starting work on a new chip pr.....»»
Live talk at noon Wednesday: The dealership buy-sell market
Stephen Dietrich, partner at Holland & Knight, will share insights on dealership merger and acquisition activity with Automotive News Executive Editor Jamie Butters and Retail Senior Editor Melissa Burden......»»
SEC sues two ex-Canoo executives over reporting failures
The SEC said former executives misled investors about the company's financial prospects before it went public in a merger with a special purpose acquisition company in December 2020......»»
Nikola will raise capital after stockholders approve issuing new shares
Nikola stockholders will allow the company to issue new shares to raise funds to roll out fuel cell trucks and build a hydrogen fueling network......»»
Apple paying out $0.24 per-share dividend on August 17
Following Apple's latest earnings report edging out Wall Street predictions, the company's board of directors has authorized a new cash dividend for shareholders, payable in mid-August.Steve Jobs Theater at Apple ParkApple on Thursday announced its l.....»»