CEO Sergio Marchionne

TURIN, Italy | Workers, execs and politicians bid farewell to late Fiat CEO

TURIN, Italy— The heir to Fiat’s founding family has paid an emotional farewell to the late CEO Sergio Marchionne, who died suddenly in July, saying “he taught all of us … to have the courage to change.” John Elkann, his voice cracking, echoed Marchionne’s indefatigable work ethic in his homage, saying “never take a break … Continue reading TURIN, Italy | Workers, execs and politicians bid farewell to late Fiat CEO

MILAN | Swiss hospital: Fiat CEO Marchionne treated for over a year

MILAN — The Zurich University Hospital where Fiat Chrysler Automobiles founding CEO Sergio Marchionne died says he had been treated there for a “serious illness” for more than a year. The hospital said Thursday that Marchionne had received cutting-edge treatment, adding “we deeply regret his death and express our deepest condolences to the family.” The … Continue reading MILAN | Swiss hospital: Fiat CEO Marchionne treated for over a year

Banks lead stocks slightly higher, reversing morning slide

U.S. stocks veered slightly higher in afternoon trading Monday as the market recovered from an early slide. Banks accounted for much of the market’s gains as bond yields rose, pointing to higher interest rates on consumer loans. Automakers, retailers and industrial companies declined. Investors were focused on corporate America as the busiest week of the … Continue reading Banks lead stocks slightly higher, reversing morning slide

US stocks dip in early trading as busy earnings week starts

U.S. stocks edged lower in early trading Monday as losses in technology companies and retailers outweighed gains elsewhere. Banks posted solid gains. Investors had their eye on corporate America as the busiest week of the earnings reporting season got underway. KEEPING SCORE: The S&P 500 index fell 3 points, or 0.1 percent, to 2,797 as … Continue reading US stocks dip in early trading as busy earnings week starts

ROME | The Latest: Auto industry praises Manley choice as FCA CEO

ROME — The Latest on Fiat Chrysler Automobiles CEO (all times local): 7:55 p.m. Auto industry reaction to the announcement that Jeep executive Mike Manley will replace the ailing Sergio Marchionne as the head of Fiat Chrysler Automobile has been positive. Karl Brauer, executive publisher of Autotrader and Kelley Blue Book, says Manley’s “international experience … Continue reading ROME | The Latest: Auto industry praises Manley choice as FCA CEO