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Today's top business headlines from across the world. We thank all of the fine daily newspapers that allow the feeds. Without the daily papers, and their resources, there would not be the quality and breadth of news available to us all.


Top business headlines

Todays Top Business News
From around the world and across the street.

Fiat says Marchionne's health worsens, names Jeep boss as CEO
18 minutes ago
The health of Sergio Marchionne, long-time boss of carmaker Fiat Chrysler (FCA) , worsened on Saturday and he has been replaced as chief executive by Mike Manley, the head of the firm's Jeep division, FCA said in a statement.
[From Reuters: Business News]
Marchionne exits Fiat Chrysler, Ferrari amid health crisis: sources
18 minutes ago
Fiat Chrysler (FCA) boss Sergio Marchionne is to be replaced permanently at the helm of the global carmaker as well as Ferrari, after suffering serious complications from surgery, people with knowledge of the matter said on Saturday.
[From Reuters: Business News]
Fiat Chrysler to name Jeep's Manley to replace Marchionne as CEO: source
44 minutes ago
Fiat Chrysler (FCA) has named Mike Manley, the head of the carmaker's profit engine Jeep, as its new chief executive, replacing Sergio Marchionne who had to step down after serious complications from surgery, a source close to the matter said.
[From Reuters: Business News]
U.S. tariffs to cost Germans up to 20 billion euros this year: report
4 hours ago
U.S. President Donald Trump's tariffs will lead to a drop in prosperity in Germany this year and are likely to cost Germans up to 20 billion euros ($23.44 billion), the head of German think-tank IMK said.
[From Reuters: Business News]
Amazon, Toyota, Alcoa and others working to counter Trump's tariff plans
9 hours ago
Big companies in the United States from Amazon.com Inc to Toyota Motor Corp and Alcoa Corp are working to counter the effect of the Trump administration's trade policies and to head off new tariffs.
[From Reuters: Business News]
Japan Inc to chase casino stakes as key law passes: industry insiders
11 hours ago
Japanese firms are likely to pursue stakes in the country's first casino resorts, after parliament on Friday enacted a law smoothing the way for large-scale gambling - a business expected to generate billions of dollars in revenue.
[From Reuters: Business News]
Over sorghum salad, U.S. farmers and Chinese buyers chew on trade
16 hours ago
Chinese importers of the livestock feed sorghum feasted on tabbouleh salad and chipotle tortillas made with the U.S. grain at a Texas barbecue this week, as farmers try to woo buyers in the middle of an escalating U.S.-China trade war.
[From Reuters: Business News]
U.S. lawmakers cut anti-ZTE measure from defense bill
17 hours ago
U.S. lawmakers cut measures from a defense bill that would have reinstated sanctions on China's ZTE Corp, abandoning an attempt to punish the company for illegally shipping U.S. products to Iran and North Korea.
[From Reuters: Business News]
Wall Street slips as trade worries dampen upbeat earnings
17 hours ago
U.S. stocks ended slightly lower on Friday as escalating trade anxieties driven by U.S. President Donald Trump's latest tariff threats against China offset a string of robust earnings led by Microsoft.
[From Reuters: Business News]
U.S. dollar drops, yields rise after Trump comments on Fed policy and tariffs
20 hours ago
The U.S. dollar weakened, long term Treasury yields rose and stocks closed mostly lower on Friday after President Donald Trump complained again about the greenback's strength and about Federal Reserve interest rate rises.
[From Reuters: Business News]
Trump threatens tariffs on all $500 billion of Chinese imports
20 hours ago
U.S. President Donald Trump on Friday said he was ready to impose tariffs on all $500 billion of imported goods from China, threatening to escalate a clash over trade policy that has unnerved financial markets.
[From Reuters: Business News]
Microsoft shares at all-time high after bumper results
20 hours ago
Microsoft Corp shares rose about 5 percent to an all-time high on Friday, after investors cheered another blockbuster quarter, backed by growth in its legacy software business and Azure cloud computing services.
[From Reuters: Business News]
GlaxoSmithKline considers splitting up the group: FT
21 hours ago
GlaxoSmithKline Plc is considering a break-up of the group after investors pressed the company's board to spin off its consumer division, the Financial Times reported on Friday.
[From Reuters: Business News]
Wall Street braces for tariff fallout as S&P 500 companies report
21 hours ago
Tariffs are starting to bite big manufacturers and Wall Street could get another bout of caution and uncertainty from major industrial companies when a swath of reports comes in over the next week.
[From Reuters: Business News]
U.S., European allies map out larger role for F-35 fighter
22 hours ago
Lockheed Martin's F-35 fighter jet is arriving in growing numbers in Europe, and is poised to play a much broader role in missile defense and other warfare plans than conventional fighters, according to U.S. and European officials.
[From Reuters: Business News]
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