NEW YORK (AP) — Amtrak CEO Stephen Gardner abruptly resigned from his top post at the U.S. passenger railroad this week. Wednesday’s announcement signaled that the leadership change came down to Amtrak maintaining support from U.S. President Donald Trump. Gardner said he was stepping down “to ensure that Amtrak continues to enjoy the full faith…… MORE
In Latest Blow To Tesla, Regulators Recall Nearly All Cybertrucks
US regulators are recalling nearly all Cybertrucks, the eighth recall of the Tesla vehicles since deliveries to customers began just over a year ago. The National Highway Traffic Safety Administration’s recall, which covers more than 46,000 Cybertrucks, warned Thursday that an exterior panel that runs along the left and right sight of the windshield can…… MORE
Violent Attacks On Tesla Dealerships Spike As Musk Takes Prominent Role In Trump White House
SEATTLE (AP) — Attacks on property carrying the logo of Elon Musk’s electric-car company are cropping up from coast to coast and even overseas. Tesla showrooms, vehicle lots, charging stations and even privately owned cars have been targeted. Not all of the incidents have been definitively linked to politics, but there has been a clear…… MORE
Disney In Search Of Perhaps Its Greatest Sequel — A Successor To Bob Iger
Behind the red carpet movie premieres and new thrill-inducing rides for fans of its amusement parks, there is a quiet search underway to find the successor to Bob Iger, the face of Disney for most of the past two decades. Disney went through the CEO search recently, and it was nearly a disaster. Only two…… MORE
Applications For Jobless Benefits Inch Up, But Layoffs Remain Low, Labor Market Healthy
Slightly more Americans applied for unemployment benefits last week, but layoffs remain historically low. U.S. jobless claims filings rose by 2,000 to 223,000 for the week ending March 15, the Labor Department said Thursday. That’s just less than the 224,000 new applications analysts forecast. Weekly applications for jobless benefits are considered a proxy for layoffs,…… MORE