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Peugeot announces return to North American market

by Ben Bradford
Feb 28, 2019
Peugeot is one of the world’s oldest auto brands, but it hasn’t sold cars in the United States for more than 25 years. Now it hopes to bring its je-ne-sais-quoi auto engineering back to North America. Click the audio player above to hear the full story.
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In a tight labor market, some companies offer student loan repayment help as a perk

by Carrie Jung
Feb 27, 2019
Some companies are starting to include student loan repayment programs in their benefits packages.
About 60 percent of those who went to college had to take out student loans to pay for it. 
Dan Kitwood/Getty Images
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NYC is one step closer to a congestion charge – could other cities follow?

by Tracey Samuelson
Feb 26, 2019
New York Governor Andrew Cuomo and New York City Mayor Bill de Blasio have announced joint support for congestion pricing on cars entering Manhattan’s central business district. Under the proposal, which still needs to be approved by state legislators, revenue collected would help pay for improving the city’s dilapidated subway system. Cities like London, Singapore, and […]
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Home Depot cites unfavorable weather in disappointing quarter

by Andy Uhler
Feb 26, 2019
Home Depot today reported fourth-quarter sales that disappointed analysts. One factor cited by the company was unfavorable weather conditions. “It was cold, it was snowy, and perhaps worst of all, it was wet,” said CEO Craig Menear in a conference call. Click the audio player above to hear the full story.
Tim Boyle/Getty Images
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Young? Hip? Not in the 1 percent? Tell that to your luxury car.

by Jack Stewart
Feb 25, 2019
During last night’s Academy Awards broadcast, Mercedes-Benz launched the newest installment of commercials to promote its A series, a car model geared to younger buyers. The commercial targets hip, skeptical shoppers who associate Mercedes with an exclusive, out-of-reach and out-of-touch lifestyle. The ad is clever, with self-aware dialogue directed at Mercedes’ interface equivalent of Apple’s […]
A model poses next to a Mercedes-Benz New A Class at the Seoul Motor Show 2019 at KINTEX on March 28, 2019 in Goyang, South Korea.
(Photo by Chung Sung-Jun/Getty Images)
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SEC seeks contempt charges against Tesla CEO Elon Musk

by Associated Press
Feb 25, 2019
Tweets from Feb. 19 projected the number of cars the company will make this year.
As part of his settlement with the SEC, Elon Musk agreed to having future tweets that could affect Tesla’s stock preapproved.
Mark Brake/Getty Images
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Could shedding assets spell a breakthrough for troubled GE?

by Amy Scott
Feb 25, 2019
General Electric today announced the sale of its biopharmaceutical business for more than $21 billion dollars. The buyer is Danaher Corporation, which happens to have been previously run by GE chief executive Larry Kulp, who served as chief executive at Danaher between 2001 and 2015. The move is part of an ongoing restructuring aimed at […]
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Advertisers love the Oscars, whether you watch or not

by Ben Bradford
Feb 22, 2019
The Academy Awards take place this Sunday and, for the first time since 1989, the show will have no host. Viewership in 2018 fell 19 percent from the year before. In creative attempts to hold on to viewer interest, the Academy of Motion Picture Arts and Sciences has floated and withdrawn proposals for new awards, […]
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Are super expensive new cellphones worth the price?

by Jack Stewart
Feb 22, 2019
Wednesday, Samsung unveiled the new Galaxy Fold, which will arrive in April and start at $1,980.
DJ Koh, President and CEO of IT & Mobile Communications Division of Samsung Electronics, announces the new Samsung Galaxy Fold smartphone during the Samsung Unpacked event on February 20, 2019 in San Francisco, California.
Justin Sullivan/Getty Images
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An Apple-Goldman credit card could help both titans

by Justin Ho
Feb 21, 2019
A report in the Wall Street Journal Thursday said Apple is about to launch a new credit card with Goldman Sachs. The move comes as Apple is trying to diversify its revenue sources away from iPhones, which have been struggling around the world. For Goldman, the reported partnership could be the bank’s latest attempt to […]
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