Auburn Hills — Stellantis NV CEO Carlos Tavares said Thursday that his company was “arrogant” when it failed to react quickly to a convergence of several problems in the United States in recent months, including production issues and balloon inventories . “When I say we were arrogant, I’m talking about myself. No one else. I’m … Read more
Stellantis CEO Carlos Tavares speaks to the media on June 13, 2024 after the company’s investor day at its North American headquarters in Auburn Hills, Mich. Michael Wayland/CNBC AUBURN HILLS, Mich. Stellantis is correcting what CEO Carlos Tavares described Thursday as “arrogant” mistakes by him and the company in the automaker’s U.S. operations that led … Read more
By Daniel Jones, Consumer Editor for Dailymail.Com Published: 2:49 PM EDT, June 13, 2024 | Updated: 2:55 PM EDT, June 13, 2024 More bad news for Southwest Airlines customers — the ‘bags fly free’ benefit faces the axe. It’s the only US airline that doesn’t charge a fee, and customer-friendly policies like this and open … Read more
Brock Purdy #13 of the San Francisco 49ers prepares to make a snap in the first quarter against the Kansas City Chiefs0 during Super Bowl LVIII at Allegiant Stadium on February 11, 2024 in Las Vegas, Nevada. Michael Reaves | Getty Images Netflix trying to get ready for some football. The streaming giant reached out … Read more
The House Homeland Security Committee on Thursday grilled Microsoft President Brad Smith about the software giant’s plans to improve its security after devastating hacks into the email accounts of federal officials, challenging the company’s ability to a dominant government contractor. The questioning followed a lackluster report on one of those breaches, in which the Federal … Read more
Tesla shareholders have reaffirmed a reward of more than $45 billion for Elon Musk, the chief executive, after he was kicked out in a legal challenge. The result of the vote, announced at Tesla’s annual meeting at its headquarters in Austin, Texas, on Thursday, is a strong sign that shareholders still believe in Mr. Musk … Read more
Sumner Redstone gained notoriety as both a taker and a deal-breaker (he once said he fired Tom Cruise). His daughter, Shari, seems to have inherited only part of his skills. After 50 years: The Beverly Hills dinner was lavish. The mood among Hollywood power players was upbeat. Rumors of an impending stream of blockbusters from … Read more