Lee Iacocca, the charismatic U.S. auto industry executive who gave America the Ford Mustang and was celebrated for saving Chrysler from going out of business, has died at the age of 94, Fiat Chrysler said.
* Born Oct. 15, 1924, in Allentown, Pennsylvania, to Italian immigrants, Iacocca went to work for the Ford Motor Co as an engineer after finishing college. Not long afterward, he switched to Ford's marketing and sales side.
Lee Iacocca was known for never holding back an opinion. Here are a few of his notable quotes:
Taiwan's Eva Airways has canceled 550 more flights scheduled through mid-July as a cabin crew strike entered its 14th day, after latest negotiations on work conditions and wages broke down this week.
A senior U.S. official told the Commerce Department's enforcement staff this week that China's Huawei should still be treated as blacklisted, days after U.S. President Donald Trump sowed confusion with a vow to ease a ban on sales to the firm.
Asian shares fell on Wednesday as initial enthusiasm over the latest U.S.-China trade truce was overtaken by fresh concerns over Washington's threat of tariffs on additional European goods.
Judy Shelton is one of the minority of mainstream economists supportive of a return to the gold standard and critical of central bank activity.
U.S. manufacturing activity hit more than a 2-1/2-year low in June, with a measure of new orders received by factories tumbling, amid growing anxiety over the escalation in trade tensions between the United States and China.
Shares of MSG Networks, the cable network that broadcasts the New York Knicks, dropped in trading Monday.
Oil prices steadied on Monday as OPEC extended supply cuts until March 2020 during a meeting in Vienna, but prices pared gains as oversupply worries continued to overshadow the market.
Global stocks rose and bonds retreated on Monday as the United States and China agreed to restart trade talks at the G20 summit over the weekend, leading investors to bet that a breakthrough between the world's two largest economies would jumpstart global economic growth.
U.S. manufacturing activity slowed to near a three-year low in June, with a measure of new orders received by factories tumbling, amid growing anxiety over an escalation in trade tensions between the United States and China.
Wall Street's main indexes rose on Monday, with the S&P 500 hitting an all-time high, as technology stocks gained on growing optimism around U.S.-China trade talks and a likely reprieve for Chinese telecoms company Huawei.
U.S. chip gear maker Applied Materials Inc on Monday agreed to buy Japanese peer Kokusai Electric for $2.2 billion from KKR & Co Inc , as it bets on rising demand for memory chips used in data centers, 5G phones and AI-powered devices.
Shanghai-based Buick dealer Ron Li in late April found himself in an unfamiliar quandary: how to sell off almost 80 sedans and sport-utility vehicles crowding up his dealership lot.