Business > Autos

Tesla's Problems Add Up to a ‘Code Red Situation,' Says Once-Bullish Analyst

13 hours ago   |   Fortune

Tesla's stock rout following this month's $2.4 billion capital raise intensified after a once-bullish analyst called the range of issues facing the electric-car maker a "code...
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Trump Congratulates Himself for Auto Jobs as Ford Cuts An Estimated 2,300 Salaried Employees

17 hours ago   |   Politicus USA

As Trump congratulated himself for auto jobs - in March, hyperventilating over Ford investing money in Flat Rock, Michigan, claiming that companies were "pouring back into the...
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Ford to Cut 900 Jobs This Week, 7,000 by August

20 hours ago   |   Fortune   |   9 articles

Ford Motor Co. plans to eliminate about 7,000 salaried jobs - about 10% of its global white-collar workforce - as pressures mount on automakers to keep pace with massive...
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A roundup of recent Michigan newspaper editorials

20 hours ago   |   Miami Herald

Detroit News. May 18, 2019 Lansing take note, parents want better schools Michigan faces competing challenges that deserve lawmakers' attention, from fixing the roads to...
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AAA: Michigan gas prices rise 7 cents to $2.87 per gallon

23 hours ago   |   Miami Herald   |   2 articles

AAA Michigan says average gas prices statewide are up about 7 cents from a week ago to about $2.87 per gallon. The Dearborn-based auto club says Monday the average price...
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Parking lots fill up with new cars from Alabama auto plant

1 day ago   |   Miami Herald

Parking lots have been filling up with scores of new Mercedes-Benz vehicles in Alabama. Thousands of the vehicles are showing up in parking lots across west and central...
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Maker of auto components plans $100M expansion in Georgia

2 days ago   |   Miami Herald

A company that manufactures vehicle components for major automakers is launching a $100 million expansion of its plant in Georgia. Gov. Brian Kemp's office says Hitachi...
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Trump declares some auto imports pose national security threat

3 days ago   |   Reuters

U.S. President Donald Trump on Friday declared that some imported vehicles and parts pose a national security threat but delayed a decision for as long as six months on whether...
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Trump Delays Auto Tariffs For 6 Months

Trump Delays Auto Tariffs For 6 Months

3 days ago   |   NPR

The Trump administration announced Friday that it will delay tariffs on cars and auto parts imports while it negotiates trade deals with Japan and the European Union. (Image...
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Trump Just Delayed Auto Tariffs on the EU and Japan. Here's Why

3 days ago   |   Fortune   |   5 articles

President Donald Trump on Friday announced a delay in imposing tariffs on imported vehicles and parts from the European Union, Japan and other nations for 180 days to pursue...
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Women's clothing chain Dressbarn to close all its 650 stores: 'Decision was...

Women's clothing chain Dressbarn to close all its 650 stores: 'Decision was difficult, but necessary'

A business that owns Ann Taylor, Lane Bryant and other clothing stores is closing the decades-old staple Dressbarn. Read more ...

Trump reignited his feud with Fox News for hosting a live event with Pete...

Trump reignited his feud with Fox News for hosting a live event with Pete Buttigieg, prompting thousands of supporters to boo his favorite network

Donald Trump continued to prosecute his grudge against Fox News for giving Pete Buttigieg a platform. At a rally Monday night in Pennsylvania, Trump said there is: "Something... Read more ...

Women's clothing chain Dressbarn to close all its 650 stores: 'Decision was...

Women's clothing chain Dressbarn to close all its 650 stores: 'Decision was difficult, but necessary'

A business that owns Ann Taylor, Lane Bryant and other clothing stores is closing the decades-old staple Dressbarn. Read more ...

There's a huge loophole in a new DOJ filing that Trump cited to block Don...

There's a huge loophole in a new DOJ filing that Trump cited to block Don McGahn from testifying before Congress

The White House announced Monday that President Donald Trump has instructed former White House counsel Don McGahn to ignore a congressional subpoena for testimony. To justify... Read more ...

Betsy DeVos Used Private Email For Official Business In 'Limited' Cases

Betsy DeVos Used Private Email For Official Business In 'Limited' Cases

Federal investigators found fewer than 100 emails on government matters sent to and from the education secretary's personal accounts. Read more ...

Michael Cohen reportedly told Congress that Trump lawyer Jay Sekulow...

Michael Cohen reportedly told Congress that Trump lawyer Jay Sekulow instructed him to lie about the Trump Tower deal

President Donald Trump's former lawyer Michael Cohen told lawmakers that Trump defense lawyer Jay Sekulow instructed him to lie to Congress, The Washington Post reported... Read more ...

Trump's 'immigration czar' candidate Kris Kobach has a few demands before he...

Trump's 'immigration czar' candidate Kris Kobach has a few demands before he agrees to take the job. They include access to a government jet, a security detail, guaranteed weekends off, and a promotion by the end of the year

Former Kansas Secretary of State Kris Kobach made a list of demands if the White House chose him to become the country's "immigration czar," three unnamed people familiar with... Read more ...

A billionaire's vow to pay Morehouse graduates' loans isn't a surprise move...

A billionaire's vow to pay Morehouse graduates' loans isn't a surprise move, it's just the newest trend in the student-debt crisis

Private-equity tycoon Robert F. Smith vowed Sunday to donate a reported $40 million to pay off student loan debt for Morehouse College's graduating class of 2019. While the... Read more ...

A cafeteria worker who was fired after paying for a student's $8 lunch was...

A cafeteria worker who was fired after paying for a student's $8 lunch was offered her job back. She says she won't take it

Bonnie Kimball was fired from from her position at Mascoma Valley Regional High School in Canaan, New Hampshire , by Cafe Services in March. The company said she violated its... Read more ...

Huawei just caught a break: The US government has temporarily loosened...

Huawei just caught a break: The US government has temporarily loosened restrictions so that Huawei can help its existing customers

Huawei has had its restrictions around conducting business in the US scaled back. Last week, the US Commerce Department added Huawei to an "entity list" that blacklisted the... Read more ...