Corporate news

FILE - In this Friday, May 21, 2010 file photo, Chrylser CEO Sergio Marchionne, left, is seen with Jeep brand President and CEO Mike Manley at the Jefferson North Assembly Plant, in Detroit. Fiat Chrysler's board recommends Jeep executive Mike Manley to replace seriously ill CEO Sergio Marchionne, Saturday, July 21, 2018. (AP Photo/Carlos Osorio, File)
July 23, 2018 - 4:45 am
MILAN (AP) — Financial investors sent shares in Fiat Chrysler tumbling 4 percent on Monday as they weighed the potential impact of the accelerated exit of CEO Sergio Marchionne due to serious health issues. Shares in the Italian-American carmaker were trading at 16.10 euros in volatile trading in...
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In this April 25, 2017, photo, a baby receives a vaccine shot next to a poster which reads "Standardize vaccination and build a healthy China" at a hospital in Handan in north China's Hebei province. China's No. 2 leader has ordered an investigation of its vaccine industry after violations by a rabies vaccine producer prompted a public outcry following scandals over shoddy drugs and food. (Chinatopix via AP)
July 23, 2018 - 4:03 am
BEIJING (AP) — Chinese leaders are scrambling to shore up public confidence and oversight of the pharmaceutical industry after a rabies vaccine maker was found faking records, the latest in a slew of public health and safety scandals that have led outraged Chinese parents to direct their ire at the...
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FILE - In a Wednesday, June 27, 2018 file photo, Veterans Affairs Secretary nominee Robert Wilkie is sworn in at the start of a Senate Veterans Affairs Committee nominations hearing on Capitol Hill in Washington. Wilkie is expected to become secretary of Veterans Affairs when the Senate votes Monday, July 23 to confirm him. (AP Photo/Carolyn Kaster, File)
July 23, 2018 - 2:53 am
WASHINGTON (AP) — After months of tumult, Pentagon official Robert Wilkie is expected to become secretary of Veterans Affairs when the Senate votes Monday to confirm him, taking on the task of fulfilling President Donald Trump's promises to fire bad VA employees and steer more patients to the...
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FILE - In this Friday, June 1, 2018 file photo, Fiat Chrysler CEO Sergio Marchionne speaks during a press conference at the FCA headquarter, in Balocco, Italy. The boards of Fiat Chrysler, Ferrari and CNH Industrial have been called to meet in Italy in light of CEO Sergio Marchionne’s surgery. The three boards were summoned to separate meetings in Turin on Saturday, July 21 amid the prolonged convalescence of Marchionne, who had shoulder surgery three weeks ago in Switzerland. (AP Photo/Luca Bruno, file)
July 22, 2018 - 10:06 pm
MILAN (AP) — Sergio Marchionne's achievements as one of the automotive world's most charismatic chief executives include the bold trans-Atlantic merger of Italian carmaker Fiat and U.S. No. 3 Chrysler after he restored both to health. But Marchionne told analysts during a big presentation last...
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FILE - In this file photo dated Tuesday, Jan. 16, 2018, Mike Manley, head of Jeep Brand, introduces the 2019 Jeep Cherokee during the North American International Auto Show, in Detroit, USA. Fiat Chrysler's board on Saturday July 20, 2018, has recommended Jeep executive Mike Manley to replace seriously ill CEO Sergio Marchionne. (AP Photo/Carlos Osorio, FILE)
July 22, 2018 - 8:01 am
ROME (AP) — Jeep executive Mike Manley will be the new CEO of Fiat Chrysler Automobiles after longtime leader Sergio Marchionne's health suddenly deteriorated following recent surgery. The announcement after an emergency board meeting Saturday marked the end of the Marchionne era, which included...
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FILE - In this file photo dated Monday, Jan. 15, 2018, Mike Manley, head of Jeep brand, addresses the media during the North American International Auto Show, in Detroit, USA. The Fiat Chrysler's board on Saturday July 20, 2018, has recommended Jeep executive Mike Manley to replace seriously ill CEO Sergio Marchionne. (AP Photo/Carlos Osorio)
July 21, 2018 - 2:45 pm
ROME (AP) — Fiat Chrysler Automobile announced Saturday that CEO Sergio Marchionne's health had suddenly deteriorated following surgery and that its board of directors had chosen Jeep executive Mike Manley to replace him. Marchionne, a 66-year-old Italian-Canadian, joined Fiat in 2004 and led the...
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July 21, 2018 - 2:43 pm
MIAMI (AP) — Federal authorities say a Florida businessman already charged with orchestrating a massive Medicare fraud scheme bribed a former university basketball coach to help get his son admitted to an Ivy League university. Prosecutors allege the payments were intended to help the son of...
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In this photo taken on Tuesday, Jan. 16, 2018, Mike Manley, head of Jeep Brand, introduces the 2019 Jeep Cherokee during the North American International Auto Show, in Detroit. Fiat Chrysler's board recommends Jeep executive Mike Manley to replace seriously ill CEO Sergio Marchionne, Saturday, July 21, 2018. (AP Photo/Carlos Osorio)
July 21, 2018 - 2:37 pm
ROME (AP) — The Latest on Fiat Chrysler Automobiles CEO (all times local): 8:35 p.m. Ailing Sergio Marchionne has been replaced as CEO of the Ferrari carmaker on the eve of an F1 race that sees Ferrari's racing team in a very strong position. Rival Mercedes head of motorsport Toto Wolff wished...
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Soccer coach Ekkapol Janthawong, center, and members of the rescued soccer team attend a Buddhist ceremony that is believed to extend the lives of its attendees as well as ridding them of dangers and misfortunes in Mae Sai district, Chiang Rai province, northern Thailand, Thursday, July 19, 2018. The 12 boys and their soccer coach rescued from a cave in northern Thailand left the hospital where they had been recuperating and appeared at a news conference Wednesday, saying the ordeal made them stronger and taught them not to live carelessly. (AP Photo/Sakchai Lalit)
July 20, 2018 - 8:56 pm
BANGKOK (AP) — Thailand's military government, saying it is concerned filmmakers and media may take advantage of the young soccer boys who were rescued from a flooded cave, wants to control how movies portray their ordeal and heroic rescue. Culture Minister Vira Rojpochanarat said he will propose...
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The crew for NASCAR Cup Series driver Martin Truex Jr. work on the race car before auto racing practice, Friday, July 20, 2018, at New Hampshire Motor Speedway in Loudon, N.H. (AP Photo/Mary Schwalm)
July 20, 2018 - 4:43 pm
LOUDON, N.H. (AP) — Martin Truex Jr. has a sudden thirst for sponsorship cash. Truex and his Furniture Row Racing team had about three weeks' notice that 5-hour Energy was set to leave the defending NASCAR champion as a primary sponsor at the end of the season. After a 10-year relationship, the...
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