Business Highlights
___ Trump, European Union leaders pull back from trade war WASHINGTON (AP) — President Donald Trump and European leaders pulled back from the brink of a trade war over autos Wednesday and agreed to open talks to resolve a dispute over steel and to tear down trade barriers between the United States and the European Union.
Tariffs force some automakers to dim earnings outlook
An escalating trade war and steep tariffs on steel and aluminum is putting pressure on earnings for automakers.
New England cities scramble to regulate electric scooters
One New England city is ordering a California company's electric stand-up scooters off its streets and another is scrambling to craft new scooter rules since the rental vehicles began appearing last week with no warning.
Asian shares mostly lower on easing of US-EU trade tensions
U.S. stock indexes edged mostly higher in early trading Wednesday following a mixed batch of quarterly earnings results from General Motors, Boeing, Coca-Cola and other companies.
Ford says restructuring will cost $7B cash over 3 to 5 years
Dinged by slumping China sales and a fire at a U.S. parts factory, Ford Motor Co.'s second-quarter net profit fell 48 percent from a year ago.
Ford CFO accounts for the miss on earnings
Ford CFO on company's reported earnings
Why General Motors shares are falling
Shares of the big carmaker have fallen 10% on a year-to-date basis
Why Marchionne stood out as an auto industry leader
Sergio Marchionne, the founding CEO of Fiat Chrysler Automobiles who died Wednesday, was widely recognized as an industry leader.
Pittsburgh sees hands-on restart of Uber's self-driving cars
Uber officials say the company has taken the first step toward relaunching its self-driving cars on Pittsburgh-area streets four months after a fatal accident involving one of the cars in Arizona.
Sergio Marchionne, who saved Fiat and Chrysler, has died
Sergio Marchionne, a charismatic and demanding leader who engineered two long-shot corporate turnarounds to save both Fiat and Chrysler from near-certain failure, died Wednesday.
GM sideswiped by trade war; cuts outlook as prices rise
General Motors, facing rising commodity costs in a trade showdown with Europe and elsewhere, cut its outlook for the year.
What to know about new Fiat Chrysler CEO
The new head of Fiat Chrysler (FCA) brings an engineer’s precision and a successful manager’s administrative skill to the challenge of filling Sergio Marchionne’s shoes.
New Fiat Chrysler CEO reassures on future after Marchionne
Fiat Chrysler Automobiles has lowered its full-year targets after second-quarter profits sank by 35 percent, but confirmed the carmaker had eliminated its net industrial debt.
Bob Nardelli on the passing of former Fiat Chrysler CEO Sergio Marchionne
Former Fiat Chrysler CEO Sergio Marchionne dies
Former Fiat Chrysler CEO Marchionne dies
Marchionne combined Fiat and Chrysler, two strugging automakers, and built them into the world's seventh-largest automaker.
EU officials to meet Trump, wielding a $20-billion threat
The European Union says it's ready to retaliate against the United States with tariffs on products worth $20 billion if President Donald Trump puts duties on cars and auto parts from Europe.
Business Highlights
___ US announces billions to help farmers hurt by Trump tariffs WASHINGTON (AP) — The Trump administration is announcing a $12 billion program to aid farmers who have been hurt by the president's trade disputes with China and other U.S. trading partners.
London cab drivers consider $1.64B suit against Uber
The Licensed Taxi Drivers' Association of London have growing frustration with the presence of Uber in its city, and is considering legal action to mitigate its financial losses.
Ford creates self-driving vehicles unit, to invest $4B
The new business will be based primarily in Detroit.
The world’s first flying car is about to take flight
The Switchblade’s first public flight will take place in several months.
















