(Reuters) – Fiat Chrysler Automobiles NV’s <FCHA.MI> <FCAU.N> top executives and salaried workers around the globe will take pay cuts in an act of “shared sacrifice” brought on by the coronavirus pandemic that has shuttered the automaker’s plants in Europe and North America, according to a company memo seen by Reuters. Chief Executive Officer Mike […]
WASHINGTON — President-elect Joseph R. Biden Jr.’s transition team is preparing multiple sets of policy proposals for the economy, health care, climate change and other domestic issues, including the ambitious agenda Mr. Biden laid out in his winning campaign, while acknowledging it may have to be pared back in recognition of divided government. Where the […]
WASHINGTON (Reuters) – U.S. homebuilding fell by the most in 36 years in March amid a broad decline in activity, offering further evidence that the economy was buckling under the weight of drastic measures to control the spread of the novel coronavirus. Housing starts plunged 22.3% to a seasonally adjusted annual rate of 1.216 million […]
