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Year: 2024

Stellantis, seeking to revive sales, makes some leadership changes

AP Business Writer Stellantis, which makes Jeep and Chrysler vehicles, announced a number of significant leadership changes, including the timing of CEO Carlos Tavares’ retirement and the departure of its chief financial officer as it struggles to revive sales in North America. Chief Financial Officer Natalie Knight will be replaced by Doug Ostermann, the company’s

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Martinique’s airport briefly closes after violent protesters overrun the tarmac

SAN JUAN, Puerto Rico (AP) — The sole airport on the French Caribbean island of Martinique has reopened after violent protesters tried to break in and forced authorities to temporarily close it, leaving hundreds of passengers stranded. Officials said the airport resumed operations on Friday. Videos posted on social media showed the protesters, some hooded,

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Wholesale inflation remained cool last month in latest sign that price pressures are slowing

AP Economics Writer WASHINGTON (AP) — Wholesale prices in the United States were unchanged last month in another sign that inflation is returning to something close to normal after years of pressuring America’s households in the wake of COVID-19. The producer price index — which tracks inflation before it hits consumers  — didn’t move from

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Jamie Dimon warns of ‘treacherous’ geopolitical conditions that are ‘getting worse’

By Nicole Goodkind, CNN New York (CNN) — JPMorgan Chase CEO Jamie Dimon kicked off third-quarter earnings season Friday with a stern warning about geopolitical threats that could hurt the global economy. “Recent events show that conditions are treacherous and getting worse,” he wrote in a press release. “There is significant human suffering, and the

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North Korea accuses South Korea of flying drones to its capital and threatens to attack next time

Associated Press SEOUL, South Korea (AP) — North Korea has accused rival South Korea of flying drones to its capital to drop anti-North Korean propaganda leaflets and threatened to respond with force if such flights occur again. South Korea issued a vague denial of the allegation. North Korea’s Foreign Ministry said in a statement Friday

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