Wells Fargo names BNY Mellon’s Scharf as CEO to lead turnaround
Wells Fargo & Co. named Charles Scharf chief executive officer, marking a new era in the bank’s efforts to turn...
Europe renews pledge to retaliate against any Trump car tariffs
The European Union’s trade chief reiterated a pledge to impose retaliatory tariffs against the U.S. should President Donald Trump follow...
Nissan seeks sale of trading unit in $1b deal
Nissan Motor Co. is seeking to sell a wholly owned subsidiary that distributes vehicle parts and materials in a deal...
GM faces $50m losses a day as UAW digs in for strike
The United Auto Workers union is leading its first strike against General Motors Co. in 12 years, digging in for...
Aston Martin is shopping for expensive junk
The maker of Aston Martin sports cars is considering raising cash from an expensive corner of the bond market. The...
Millennials, not taxes, get blame for India’s falling auto sales
Millennials’ preference for ride-hailing services such as Uber and Ola over owning cars, and not high taxes, is among reasons...
Renault’s Senard Says Jobs and Nissan Will Be Safe in Fiat Deal
Convincing the stakeholders of Renault SA and Fiat Chrysler Automobiles NV on the merits of a merger may be the...
China Announces Tariff Retaliation to Take Effect on June 1
China announced that it will increase tariffs imposed on about $60 billion of U.S. goods in retaliation for President Donald...
