Business

The Latest: Witnesses report shots were fired outside store

The Latest: Witnesses report shots were fired outside store

SUMMARY: LOS ANGELES — The Latest on an active police situation at a Trader Joe's in Los Angeles (all times local):5 p.m.Bystanders in the area of a Los Angeles Trader Joe's that is surrounded by police and emergency vehicles say someone fired off gunshots outside.

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Illness ends career of Sergio Marchionne, the CEO who liked to fix things

Illness ends career of Sergio Marchionne, the CEO who liked to fix things

SUMMARY: FILE PHOTO: Fiat Chrysler Automobiles CEO Sergio Marchionne speaks during a media conference in Balocco, northern Italy, June 1, 2018.

reuters
Inspector warned duck boat company of design flaws last year

Inspector warned duck boat company of design flaws last year

SUMMARY: The industry took little heed, said Robert Mongeluzzi, a Philadelphia attorney who has represented victims of duck boat crashes.

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Large police presence reported at Los Angeles supermarket

Large police presence reported at Los Angeles supermarket

SUMMARY: LOS ANGELES — A large number of police and rescue personnel were responding to a Los Angeles supermarket, amid numerous media reports of possible gunshots.

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Fiat Chrysler names Jeep boss to replace stricken CEO Marchionne

Fiat Chrysler names Jeep boss to replace stricken CEO Marchionne

SUMMARY: Ferrari named FCA Chairman and Agnelli family scion John Elkann as new chairman, while board member Louis Camilleri becomes chief executive.

reuters
Factbox: The executives replacing Marchionne at FCA, Ferrari, CNH

Factbox: The executives replacing Marchionne at FCA, Ferrari, CNH

SUMMARY: MILAN (Reuters) - Fiat Chrysler (FCA) (FCHA.MI) said on Saturday that boss Sergio Marchionne, 66, would not be returning to work because he was gravely ill.

reuters
New Fiat Chrysler boss transformed Jeep brand as company focuses on SUVs

New Fiat Chrysler boss transformed Jeep brand as company focuses on SUVs

SUMMARY: FILE PHOTO: Mike Manley, head of the Jeep brand, speaks the Los Angeles Auto Show in Los Angeles, California U.S. November 29, 2017.

reuters
'Trade war a reality', French finance minister warns

'Trade war a reality', French finance minister warns

SUMMARY: Mr Trump later threatened to impose tariffs on all $500bn (£380bn) of Chinese goods entering the US in a growing trade row.

bbc
How Netflix went from pioneer to powerhouse

How Netflix went from pioneer to powerhouse

SUMMARY: That year it became a pioneer of online streaming, a development that would upend the media industry's traditional business models and transform Netflix into a global powerhouse.

bbc
Feeling the heat, Minneapolis council members say 2040 plan must change

Feeling the heat, Minneapolis council members say 2040 plan must change

SUMMARY: After 100 days of spirited meetings, e-mails, phone calls and yard sign slogans, Minneapolis City Council members say the plan for the future growth of the city needs significant changes.

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Inver Grove Heights biofuel plant still on track, but hurdles remain

Inver Grove Heights biofuel plant still on track, but hurdles remain

SUMMARY: The proposed Southeast Metro Water Reclamation Facility would treat wastewater — water already used by humans or industry — and provide the reclaimed water to the Enerkem facility.

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German industry groups warn U.S. on tariffs ahead of EU-U.S. meeting

German industry groups warn U.S. on tariffs ahead of EU-U.S. meeting

SUMMARY: BERLIN (Reuters) - German industry groups warned on Sunday, ahead of a meeting between European Commission President Jean-Claude Juncker and U.S. President Donald Trump, that tariffs the United States has recently imposed or threatened risk harming the U.S. itself.

reuters
Military and business vet Don St. Dennis is waging battle of his life

Military and business vet Don St. Dennis is waging battle of his life

SUMMARY: “That sucks, as we used to say on the North Side,” St. Dennis quipped with a chuckle.

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Airbus CEO says eyes merger of its, BAE's jet fighter units: Sunday Times

Airbus CEO says eyes merger of its, BAE's jet fighter units: Sunday Times

SUMMARY: LONDON (Reuters) - The chief executive of Airbus (AIR.PA) said he was open to a merger of his firm’s jet fighter business with that of BAE Systems (BAES.L), the Sunday Times reported.

reuters
Twin Cities ramblers enjoy robust revival

Twin Cities ramblers enjoy robust revival

SUMMARY: “We are starting to finally get some turnover from those original owners,” said Coon Rapids Mayor Jerry Koch, a real estate agent.

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Fiat Chrysler replaces CEO Sergio Marchionne for health reasons

Fiat Chrysler replaces CEO Sergio Marchionne for health reasons

SUMMARY: Image copyright Reuters Image caption Sergio Marchionne has led Fiat Chrysler for more than a decadeThe long-time chief executive of carmaker Fiat Chrysler, Sergio Marchionne, has been replaced due to ill health.

bbc
Fiat says Marchionne's health worsens, names Jeep boss as CEO

Fiat says Marchionne's health worsens, names Jeep boss as CEO

SUMMARY: FILE PHOTO: Mike Manley, Head of Ram Brand, speaks at the company's press conference at the North American International Auto Show in Detroit, Michigan, U.S., January 15, 2018.

reuters
Ferrari picks Louis Camilleri as CEO, Elkann as chairman

Ferrari picks Louis Camilleri as CEO, Elkann as chairman

SUMMARY: In an emergency meeting called after Marchionne’s health worsened, the Ferrari board also named John Elkann as chairman and gave Camilleri powers to oversee the company’s operations.

reuters
Sergio Marchionne stepping down as CEO of Fiat Chrysler

Sergio Marchionne stepping down as CEO of Fiat Chrysler

SUMMARY: Fiat Chrysler's on Saturday announced the sudden resignation of longtime CEO Sergio Marchionne, who is stepping down due to complications from surgery.

cnn
PayPoint: Customers left without energy after outage

PayPoint: Customers left without energy after outage

SUMMARY: Image copyright Getty ImagesCustomers have been left without gas and electricity after PayPoint terminals across the country went down.

bbc