Toyota and Mazda plan United States factory and cross stakes
Toyota will take about 5 percent of Mazda and Mazda 0.25 percent of Toyota as the pair agree to jointly build a 1.6 billion U.S. factory creating about 4,000 jobs. The move aims to share costs for connected, self driving and battery tech amid trade risks and shifting production.
MENTIONED IN THIS ARTICLE
Toyota
Mazda
U.S
Tokyo
Japan
Donald Trump
Mexico
Canada
Trump
United States
John Shook
Lean Enterprise Institute
Cambridge
Mass
Women CEOs See Few Successions by Women as Men Rise
The piece examines patterns in S&P 500 leadership where Irene Rosenfeld retires and Dirk Van de Put is named successor, highlighting few female replacements and ongoing boardroom diversity gaps. It cites Catalyst and McKinsey findings on gender parity, board composition, and leadership dynamics.
MENTIONED IN THIS ARTICLE
Mondelez International
Irene Rosenfeld
Standard & Poor’s
Bloomberg
Rosenfeld
Dirk van de Put
McCain Foods
Brande Stellings
Catalyst
State Street Corp
BlackRock Inc
McKinsey and Co
Trina Gordon
Boyden
S&p 500
Gordon
U.S
Heidrick
Debra Crew
Susan Cameron
Reynolds American
Spencer Stuart
British American Tobacco
Reynolds
BAT
Nicandro Durante
Sheri McCoy
Andrea Jung
Avon Products
McCoy
Avon
Xerox
Ursula Burns
Anne Mulcahy
Burns
Jeff Jacobson
PepsiCo
Cedar Rapids
Indra Nooyi
Ramon Laguarta
VW exec pleads guilty in emissions cheating case
Oliver Schmidt a Volkswagen AG executive pleaded guilty in Detroit to conspiring to defraud the United States and violating clean air laws. He faces up to seven years in prison and fines after admitting to misleading regulators. He was in charge of VW environmental and engineering office in Auburn Hills until 2015.
MENTIONED IN THIS ARTICLE
Detroit
Volkswagen AG
Oliver Schmidt
U.S
Schmidt
Volkswagen
Auburn Hills
Wells Fargo to pay 108 million over veteran loan claims
Wells Fargo will pay 108 million to settle a whistleblower suit alleging hidden fees charged to veterans refinancing mortgages and concealed when applying for VA loan guarantees. The case, filed in 2006 and public in 2011, involved mortgage brokers seeking losses to taxpayers from guaranteed loans.
MENTIONED IN THIS ARTICLE
Wells Fargo and Co
U.S
Wells Fargo
Bank of America
Citigroup
First Tennessee
Jpmorgan Chase
PNC Financial Services Group
SunTrust
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Peoria
Ill
Davos
Switzerland
VW Exec