DIRS.INFO The most relevant business & tech news

☆ Stellantis, CATL sign preliminary deal for LFP battery supply in Europe, consider JV
▼ + stars: | 2023-11-21 | by ( ) www.reuters.com time to read: +2 min

[1/2] The Stellantis logo is seen during the New York International Auto Show, in Manhattan, New York City, U.S., April 5, 2023. REUTERS/David 'Dee' Delgado Acquire Licensing RightsMILAN, Nov 21 (Reuters) - Carmaker Stellantis (STLAM.MI) and Chinese EV battery giant CATL (300750.SZ) said on Tuesday they signed a preliminary agreement for the supply of battery cells and modules for the automaker's electric vehicle (EV) production in Europe. The two companies said in a joint statement they were also considering a possible investment to set up a 50-50 joint venture to support the automakers' electrification strategy. Stellantis and CATL said the memorandum of understanding (MoU) announced on Tuesday outlined a long-term collaboration between the two groups, including "identifying opportunities to further strengthen the battery value chain". For its EV battery needs in Europe Stellantis is building three gigafactories, in France, Germany and Italy through its ACC joint venture with Mercedes (MBGn.DE) and TotalEnergies (TTEF.PA), while others might follow in the region.

Persons: David, Dee, Delgado, Alfa Romeo, Stellantis, CATL, Robin Zeng, Carlos Tavares, Giulio Piovaccari, Chizu Organizations: New York, REUTERS, EV, Franco, Jeep, Peugeot, Fiat, Alfa, ACC, Mercedes, Fiat Chrysler, PSA, Thomson Locations: Manhattan , New York City, U.S, Europe, Italian, France, Germany, Italy

☆ NHL roundup: Leafs rally past Wings in Sweden
▼ + stars: | 2023-11-18 | by ( ) www.reuters.com time to read: +2 min

[1/3] Nov 17, 2023; Stockholm, SWE; Toronto Maple Leafs right wing William Nylander (88) takes a shot against the Detroit Red Wings during a Global Series NHL hockey game at Avicii Arena. Mandatory Credit: Per Haljestam-USA TODAY Sports Acquire Licensing RightsNovember 18 - John Tavares scored with 5:33 remaining to complete a Toronto comeback as the Maple Leafs downed the Detroit Red Wings 3-2 in the NHL Global Series Sweden on Friday in Stockholm. William Nylander, one of five Swedes on the Leafs' roster, had the tying goal and assisted on two others as Toronto erased a 2-0, third-period deficit. Alex Lyon, in his first start of the season, stopped 26 shots for the Red Wings, who got goals from Daniel Sprong (on a penalty shot) and Lucas Raymond. Oliver Ekman-Larsson and Eetu Luostarinen each scored goals for the Panthers, who won for the sixth time in the past seven games and completed a 2-1-0 road trip through California.

Persons: William Nylander, John Tavares, Red Wing Tyler Bertuzzi, Tavares, Bertuzzi, Nylander, Ilya Samsonov, Alex Lyon, Daniel Sprong, Lucas Raymond, Connor Hellebuyck, Jimmy Howard, Cole Perfetti, Mason Appleton, Nikolaj Ehlers, Nino Niederreiter, Vladislav Namestnikov, Alex Tuch, JJ Peterka, Eric Comrie, Anthony Stolarz, Anton Lundell, Oliver Ekman, Larsson, Eetu Luostarinen, Frank Vatrano, John Gibson Organizations: Toronto Maple Leafs, Detroit Red Wings, NHL, Avicii, Maple Leafs, NHL Global, Sweden, Leafs, Red, Wings, Toronto, Red Wings, Jets, Sabres, Winnipeg, Buffalo, Panthers, Ducks, Anaheim, Thomson Locations: Stockholm, SWE, Toronto, Hellebuyck's, Florida, California

☆ Los Angeles’ I-10 remains closed indefinitely as damaging fire is investigated as arson. Here’s what we know
▼ + stars: | 2023-11-13 | by ( Taylor Romine | Elizabeth Wolfe | ) edition.cnn.com time to read: +5 min

CNN —Investigators are working to determine who is responsible for a massive fire over the weekend that has forced the indefinite closure of part of Los Angeles’ Interstate 10, as fire officials say the blaze was likely arson. Residents who are impacted have been urged to take public transit, work from home or plan for significant traffic delays. Investigators have sifted through the fire’s rubble in search of evidence and are working with Los Angeles firefighters to canvass the surrounding neighborhoods for potential witnesses and video footage, the fire marshal added. Firefighters responded to reports of the fire around 12:30 a.m. Saturday at a storage yard scattered with pallets, trailers and vehicles, according to the Los Angeles Fire Department. About 100 columns beneath the bridge were impacted by fire and are being inspected, according to transportation department director Tony Tavares.

Persons: Karen Bass, “, Daniel Berlant, Berlant, Gavin Newsom, Newsom, ”, ” Bass, ” Newsom, Kristin Crowley, Jae C, ” John Yang, Yang, Tony Tavares, Transportation Toks Omishakin, ” Yang Organizations: CNN —, ”, “, Firefighters, Los Angeles Fire Department, California Department of Transportation, Transportation, Apex Development, CNN Locations: Los Angeles, City, Los Angeles County, California

☆ Stellantis offers buyouts to roughly half of U.S. salaried workers
▼ + stars: | 2023-11-13 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

DETROIT — Chrysler parent Stellantis is offering buyouts to roughly half of its U.S. white-collar employees to reduce headcount and cut costs for the automaker's North American operations. Both General Motors and Ford Motor also have cut salaried workers over the past year. "As the U.S. automotive industry continues to face challenging market conditions, Stellantis is taking the necessary structural actions to protect our operations and the Company," Stellantis said in an emailed statement. A Stellantis spokeswoman declined to comment on how many people or total costs the company would like to cut. This marks the second round of salaried buyouts this year for Stellantis.

Persons: Carlos Tavares, Stellantis, Mark Stewart Organizations: New York, Auto, DETROIT, Chrysler, U.S, General Motors, Ford Motor, Company, Stellantis, Wall Street Journal, Employees Locations: Manhattan , New York

☆ NHL roundup: William Nylander extends streak, Leafs edge Flames
▼ + stars: | 2023-11-11 | by ( ) www.reuters.com time to read: +4 min

[1/5] Nov 10, 2023; Toronto, Ontario, CAN; Toronto Maple Leafs forward Max Domi (11) goes after a loose puck against the Calgary Flames during the third period at Scotiabank Arena. William Nylander scored twice and had an assist for Toronto to extend his points streak to 14 games -- a team record to open a season. Calle Jarnkrok and John Tavares also scored for the Maple Leafs, who had lost five of their previous six games (1-3-2). Connor Zary, Nikita Zadorov, A.J, Greer and Martin Pospisil scored for the Flames, who had won their two previous games after losing six straight. Panthers 5 Hurricanes 2Rookie defenseman Uvis Balinskis scored his first NHL goal, leading host Florida over Carolina in Sunrise.

Persons: Max Domi, John E, William Nylander, Calle Jarnkrok, John Tavares, Joseph Woll, Connor Zary, Nikita Zadorov, Greer, Martin Pospisil, Dan Vladar, Alec Martinez, Adin Hill, Alex Pietrangelo, William Karlsson, Brett Howden, San Jose, Michael Amadio, Kaapo Kahkonen, Owen Tippett, Travis Sanheim, Cam Atkinson, Sean Couturier, Louie Belpedio, Sam Ersson, Joel Farabee, Leo Carlsson, Uvis Balinskis, Matthew Tkachuk, Carter Verhaeghe, Aleksander Barkov, Kevin Stenlund, Sam Reinhart, Sergei Bobrovsky, Devon Levi, Jeff Skinner, JJ Peterka, Levi, Skinner, Filip Gustavsson, Evgeny Kuznetsov, Nicolas Aube, Beck Malenstyn, Tom Wilson, Charlie Lindgren, Timo Meier, Dawson Mercer, Vitek Vanecek, Akira Schmid Organizations: CAN, Toronto Maple Leafs, Calgary Flames, Scotiabank Arena, Calle, Maple Leafs, Toronto, Flames, Golden Knights, Sharks, Vegas, San, Flyers, Ducks, Philadelphia, Panthers, Hurricanes, NHL, Eastern, Devon, Buffalo, Minnesota, Sabres, Capitals, Devils, Thomson Locations: Toronto , Ontario, Toronto, A.J, San Jose, Las Vegas, Anaheim, Florida, Carolina, Sunrise, Washington, New Jersey, Newark, Nicolas, Kubel

☆ NHL roundup: Sam Reinhart's OT goal lifts Panthers over Caps
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +2 min

Oliver Ekman-Larsson, Evan Rodrigues and Barkov each had a goal and an assist, and Sergei Bobrovsky made 25 saves for the Panthers. Anthony Mantha scored twice, Connor McMichael had a goal and an assist and Aliaksei Protas had two assists for the Capitals. Tim Stutzle added a goal and three assists and Jakob Chychrun had a goal and an assist for Ottawa. William Nylander had a goal and an assist for the Maple Leafs, stretching his season-opening point streak to 13 games. Tyler Bertuzzi and Nicholas Robertson also scored goals, while John Tavares added two assists and Joseph Woll made 21 saves for Toronto.

Persons: Sam Reinhart, Darcy Kuemper, Geoff Burke, Reinhart, Aleksander Barkov, Oliver Ekman, Larsson, Evan Rodrigues, Sergei Bobrovsky, Anthony Mantha, Connor McMichael, Aliaksei Protas, Anze Kopitar, Cam Talbot, Angeles, Adrian Kempe, Trevor Moore, Pierre, Luc Dubois, Spence, Kopitar, Luc Robitaille, Marcel Dionne, Dave Taylor, William Karlsson, Adin Hill, Dominik Kubalik, Claude Giroux, Tim Stutzle, Jakob Chychrun, Mathieu Joseph, Giroux, Joonas Korpisalo, William Nylander, Tyler Bertuzzi, Nicholas Robertson, John Tavares, Joseph Woll Organizations: District of Columbia, Florida Panthers, Washington Capitals, Capital, USA, Panthers, Capitals, Golden Knights, Los, Vegas, Senators, Maple Leafs, Ottawa, Toronto, Thomson Locations: Washington, District, USA, Barkov, Vegas, Las Vegas, Los Angeles

☆ The Ram 1500 Ramcharger will be a hybrid like a diesel locomotive
▼ + stars: | 2023-11-07 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +4 min

CNN —Stellantis’ new Ramcharger pickup, expected to go on sale late next year, will be an “electric” truck, the company says. It will be sold alongside the Ram REV, the company’s actual fully-electric truck, expected to go on sale around the same time. Tim Kuniskis, the head of Stellantis’ Ram truck brand, insisted during a press conference that the Ram 1500 Ramcharger is not a plug-in hybrid. Also, the Ram truck can use DC fast chargers to quickly recharge its batteries. Ram previously unveiled an electric-only truck, the Ram REV, which will also go on sale late next year.

Persons: Tim Kuniskis, Stellantis ’, Ramcharger, Ram, Kuniskis, “, ”, Carlos Tavares, Stellantis hasn’t Organizations: CNN, Toyota Prius, Chevrolet, Toyota Camry, Ford, General Motors

☆ VantageScore CEO: U.S. consumer is 'quite healthy,' as credit scores rise despite inflation, mounting debt
▼ + stars: | 2023-11-03 | by ( Sharon Epperson | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailVantageScore CEO: U.S. consumer is 'quite healthy,' as credit scores rise despite inflation, mounting debtA new report shows that consumers credit scores have held up, even as they have taken on more debt. The report is from VantageScore, an independently managed joint venture of the credit reporting agencies - Equifax, Experian and Transunion. Sharon Epperson spoke with Silvio Tavares the CEO of VantageScore about the health of the consumers and what you need to know about your credit scores.

Persons: Transunion, Sharon Epperson, Silvio Tavares Locations: VantageScore

☆ AI and your Customers
▼ + stars: | 2023-11-03 | by ( Jon Fortt | ) www.cnbc.com time to read: 1 min

Join us, you must, to learn the ways of the Force behind AI and how it shapes the journey of the customer, it does. Transform, we can, the path of customers, with AI's wisdom, as our guide. Journey, we shall, into the realms of chatbots, personalization, and recommendation engines, unlocking the doors to customer delight, we will. The future of customer experience, AI will shape, and together, explore it we shall. Anshu Bhardwaj, Walmart Global Technology & Commerce Technologies SVP & COOVirginia Suliman, Invitation Homes Chief Information & Digital OfficerBernardo Tavares, Kenvue Chief Technology & Data OfficerModerator: Jon Fortt, CNBC "Closing Bell: Overtime" Co-Anchor

Persons: Anshu Bhardwaj, COO Virginia Suliman, Bernardo Tavares, Jon Fortt Organizations: Force, Walmart Global Technology, Commerce Technologies, COO, Homes, Information, Digital, Kenvue, Technology, CNBC

☆ Kings keep perfect road record intact, beat Maple Leafs
▼ + stars: | 2023-11-01 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

[1/59] Oct 31, 2023; Toronto, Ontario, CAN; Toronto Maple Leafs goaltender Joseph Woll (60) makes a save during warm up before a game against the Los Angeles Kings at Scotiabank Arena. By winning the opener of a four-game road trip, the Kings improved to 4-0-0 in games away from home this season. John Tavares scored and Joseph Woll stopped 23 shots for the Maple Leafs, who were coming off a 3-1-1 road trip. Killing off penalties has been a problem for the Maple Leafs early in the season. The Kings kept the Maple Leafs bottled up in their own end for nearly three minutes to finish the second period as the crowd started to boo.

Persons: Joseph Woll, John E, Cam Talbot, Andreas Englund, Phillip Danault, Arthur Kaliyev, Adrian Kempe, Quinton Byfield, John Tavares, Englund, Mark Giordano's, Danault, Trevor Moore, Kaliyev, Tyler Bertuzzi, William Nylander, Tavares, Kempe, Jake McCabe Organizations: CAN, Toronto Maple Leafs, Los Angeles Kings, Scotiabank Arena, Kings, Maple Leafs, Toronto, Nashville Predators, NHL, Thomson Locations: Toronto , Ontario, Los Angeles, . Toronto

ARLINGTON, Texas (AP) — Paul Sewald watched the end of his first World Series game in the Arizona Diamondbacks clubhouse and the trainer's room, not from the center of a celebration on the mound as he had imagined. Arizona won that thrilling classic in seven games, but now the team's last three World Series losses have all followed tying home runs in the ninth. The Diamondbacks' bullpen entered Friday with a 2.94 ERA this postseason and hadn't blown a save since the regular season. Arizona pitchers, however, lost their grip in the World Series opener. “You can’t walk 10 batters in a World Series game and expect to hold them in the situation that we held them in,” Lovullo said.

Persons: — Paul Sewald, ”, ” Sewald, Leody Tavares, Marcus Semien, Sewald, Corey Seager, Adolis García, Miguel Castro, Torey Lovullo, “, Byung, Hyun Kim, Tino Martinez’s, Derek Jeter’s, Scott Brosius ’, Seager, ” Lovullo, ” Seager, “ Seager, you've, ” Castro, Kyle Nelson, García, Nelson, ” Nelson Organizations: Arizona Diamondbacks, Texas, Rangers, ”, Diamondbacks, New York Yankees, Arizona, Taveras, Sewald Locations: ARLINGTON , Texas, Arizona

☆ Maple Leafs extend win streak in Dallas to six games
▼ + stars: | 2023-10-27 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

Mandatory Credit: Jerome Miron-USA TODAY Sports Acquire Licensing RightsOctober 27 - Morgan Rielly had a goal and an assist as the visiting Toronto Maple Leafs defeated the Dallas Stars 4-1 on Thursday. Mitchell Marner, Tyler Bertuzzi and John Tavares also scored for the Maple Leafs, who have won three in a row. Joseph Woll made 31 saves in his second straight start in goal for the Maple Leafs, who are 3-1-0 on their five-game road trip. The Maple Leafs have won six consecutive games in Dallas, and Toronto has 17 victories in the teams' past 21 meetings. Matt Duchene's pass set up the goal as the Stars took advantage of a Maple Leafs change after a long shift.

Persons: John Tavares, Jason Robertson, Jerome Miron, Morgan Rielly, Mitchell Marner, Tyler Bertuzzi, Joseph Woll, Mason Marchment, Scott Wedgewood, Rielly, William Nylander, Marner, Toronto's Jake McCabe, Woll, Marchment, Matt Duchene's, Auston Matthews, Dallas, Bertuzzi, Jani Hakanpaa, Wedgewood, Tavares Organizations: Toronto Maple Leafs, Dallas Stars, American Airlines Center, Maple Leafs, Stars, Toronto, Thomson Locations: Dallas , Texas, USA, Dallas, Toronto

☆ Leafs, Stars off to strong starts entering head-to-head meeting
▼ + stars: | 2023-10-26 | by ( Field Level Media | ) www.reuters.com time to read: +3 min

During the Maple Leafs' current five-game road trip, Joseph Woll is making a strong case to potentially take over the No. He's come back, he's healthy, he's making it look easy. Jason Robertson, who scored 46 goals last season, scored his first of the season on Tuesday and added an assist. "You think he's probably going to shoot," Woll said. Tuesday's start was the second of the season for Woll and was scheduled even before his relief outing on Saturday.

Persons: Joseph Woll, Woll, Ilya Samsonov, Sheldon Keefe, Jake Oettinger, Peter DeBoer, He's, DeBoer, Tyler Seguin, Matt Duchene, Ty Dellandrea, Jamie Benn, Wyatt Johnston, Mason Marchment, Radek Faksa, Craig Smith, Jason Robertson, Johnston, Thomas Harley, Duchene, Alex Ovechkin, Auston Matthews, Morgan Rielly, William Nylander, John Tavares, Keefe Organizations: Toronto Maple Leafs, Dallas Stars, Maple Leafs, Washington Capitals, Tampa Bay, Dallas, Pittsburgh Penguins, Pittsburgh, Dadonov, Capitals, Woll, Toronto, Thomson Locations: Toronto, Washington

☆ Jeep, Dodge maker Stellantis to invest $1.6 billion in Chinese EV startup Leapmotor
▼ + stars: | 2023-10-26 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +5 min

Arjun Kharpal | CNBCStellantis on Thursday said it will invest 1.5 billion euros ($1.58 billion) in Chinese electric vehicle startup Leapmotor , as traditional automakers look for a way to compete in China's cutthroat market. The companies will form the Leapmotor International joint venture, aiming to boost sales of the Chinese brand's electric cars overseas. China, the world's biggest electric vehicle market, is dominated by domestic company BYD , as well as U.S. automaker Tesla . Traditional vehicle companies have been seen to be too slow to transition to manufacturing electric vehicles, hampering potential growth in the Chinese market. Stellantis eyes China boostThe deal could boost Stellantis' efforts in China, by having a local partner lead the way.

Persons: Arjun Kharpal, Li Auto, Stellantis, Abhik Mukherjee, Carlos Tavares, Leapmotor, Zhu Jiangming, Counterpoint's Mukherjee, Bill Russo Organizations: Leapmotor, CNBC, International, JV, Chrysler, Maserati, Tesla, Huawei, Counterpoint Research, EV, IAA, Guangzhou Automobile Company Locations: Leapmotor . China, China, Hangzhou, Munich, Greater China, Europe, Stellantis, China's Xpeng

☆ Auston Matthews, Maple Leafs handle struggling Capitals
▼ + stars: | 2023-10-25 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

[1/44] Oct 24, 2023; Washington, District of Columbia, USA; Toronto Maple Leafs center Auston Matthews (34) skates with the puck during warmup prior to the game against the Washington Capitals at Capital One Arena. Mandatory Credit: Geoff Burke-USA TODAY Sports Acquire Licensing RightsOctober 25 - Morgan Rielly and Auston Matthews each had a goal and an assist as the visiting Toronto Maple Leafs defeated the Washington Capitals 4-1 on Tuesday night. John Tavares and William Nylander also scored for the Maple Leafs, who have won two games in a row. Joseph Woll made 36 saves for the Maple Leafs in a strong effort. Matthews scored his seventh goal of the season with a 26-foot slap shot at 15:07 of the second on a power play.

Persons: Auston Matthews, Geoff Burke, Morgan Rielly, John Tavares, William Nylander, Alex Ovechkin, Joseph Woll, Woll, Darcy Kuemper, Rielly, Timothy Liljegren, Evgeny Kuznetsov, Washington, Ovechkin, Tavares, Rielly's, Nylander, Matthews, Tom Wilson, TJ Brodie Organizations: District of Columbia, Toronto Maple Leafs, Washington Capitals, Capital, USA, Maple Leafs, Capitals, Tampa Bay Lightning, Toronto, Washington, Thomson Locations: Washington, District, USA

☆ Stellantis to buy about 20% stake in China's Zhejiang Leapmotor for $1.6 bln
▼ + stars: | 2023-10-25 | by ( ) www.reuters.com time to read: +2 min

[1/2] A view shows the logo of Stellantis at the entrance of the company's factory in Hordain, France, July 7, 2021. REUTERS/Pascal Rossignol/File Photo Acquire Licensing RightsOct 26 (Reuters) - Stellantis NV (STLAM.MI) said on Thursday it would invest 1.5 billion euros ($1.58 billion) to acquire approximately 20% of Chinese electric vehicle (EV) maker Zhejiang Leapmotor Technology (9863.HK). After the subscription, Stellantis will own about 21.07% of Zhejiang Leapmotor's total issued Hong Kong shares. Stellantis, whose brands include Fiat and Peugeot, has a very small presence in China, the world's largest auto market. The group last year closed its joint venture that makes Jeeps in China with local partner Guangzhou Automobile Group (601238.SS) amid disappointing results.

Persons: Pascal, Leapmotor, Stellantis, Carlos Tavares, Sameer Manekar, Kanjyik Ghosh, Devika Syamnath, Subhranshu Organizations: REUTERS, Stellantis, Zhejiang Leapmotor Technology, HK, Hong, Hong Kong, Chrysler, Fiat, Peugeot, Renault, Guangzhou Automobile Group, Thomson Locations: Hordain, France, Zhejiang, Hong Kong, Greater China, China, Europe, Bengaluru

☆ NHL roundup: Knights extend franchise-record perfect start
▼ + stars: | 2023-10-25 | by ( ) www.reuters.com time to read: +10 min

Paul Cotter and Ivan Barbashev also scored goals, Jack Eichel had two assists and Logan Thompson finished with 26 saves for the Golden Knights. Pheonix Copley made 24 saves in his second start as the Kings won for the third time in four games. Ryan Johansen scored twice, Rantanen had a goal and three assists and Cale Makar added a goal and two assists. Zemgus Girgensons added a goal for Buffalo, and Ukko-Pekka Luukkonen made 34 saves in his first start of the season. Blake Coleman scored for the Flames, who have lost three straight games.

Persons: Shea Theodore, Brayden McNabb, Stephen R, Paul Cotter, Ivan Barbashev, Jack Eichel, Logan Thompson, Noah Cates, Cam Atkinson, Carter Hart, Jeremy Swayman, Pavel Zacha, Matthew Poitras, Trent Frederic, Petr Mrazek, Kopitar, Trevor Lewis, Trevor Moore, Blake Lizotte, Kevin Fiala, Adrian Kempe, Pheonix Copley, Jack McBain, Nick Bjugstad, Clayton Keller, Phillip Di Giuseppe, Nils Hoglander, Thatcher Demko, Ilya Mikheyev, Colton Sissons, Kiefer Sherwood, Jordan Eberle, Eberle, Jared McCann, Jaden Schwartz, Tye Kartye, McCann, Dylan Larkin, Joe Veleno, Shayne Gostisbehere, Alex DeBrincat, Nathan Mackinnon, Bowen Byram, Mikko Rantanen, Ryan Johansen, Rantanen, Cale Makar, Ross Colton, Alexandar Georgiev, Cal Clutterbuck, Simon Holmstrom, Kyle Palmieri, Anders Lee, Noah Dobson, Jean, Gabriel Pageau, Ilya Sorokin, Anthony Stolarz, Carter Verhaeghe, Sam Reinhart, Kevin Stenlund, Fabian Zetterlund, Mackenzie, Jonas Johansson, Johansson, Alex Barre, Boulet, Nick Paul, Nikita Kucherov, Tage Thompson, Jeff Skinner, Alex Tuch, Casey Mittelstadt, Zemgus Girgensons, Pekka Luukkonen, Mathieu Joseph, Vladimir Tarasenko, Ottawa's Jakob Chychrun, Josh Norris, Anton Forsberg, Joonas Korpisalo, Ryan Hartman, Mats Zuccarello, Joel Eriksson Ek, Jake Middleton, Kirill Kaprizov, Filip Gustavsson, Warren Foegele, Evan Bouchard, Evander Kane, Jack Campbell, Connor McDavid, Morgan Rielly, Auston Matthews, John Tavares, William Nylander, Joseph Woll, Alex Ovechkin, Darcy Kuemper, Frank Vatrano, Anaheim's Ryan Strome, Brett Leason, Lukas Dostal, Adam Fantilli, Emil Bemstrom's, Jack Roslovic, Fantilli, Dostal, Jack Hughes, Tyler Toffoli's, Hughes, Jose's Patrick Marleau, Joe Thornton, Edmonton's Connor McDavid, Justin Barron, Mike Matheson, Cayden Primeau, Connor Hellebuyck, Louis, Kyle Connor, Mason Appleton, David Gustafsson, Morgan Barron, Pavel Buchnevich, Robert Thomas, Jordan Binnington, Erik Gustafsson, Igor Shesterkin, Alexis Lafreniere, Chris Kreider, Filip Chytil, Shesterkin, Blake Coleman, Jacob Markstrom, Jason Robertson, Thomas Harley, Evgenii Dadonov, Wyatt Johnston, Jake Oettinger, Bryan Rust, Alex Nedeljkovic Organizations: Vegas Golden Knights, Philadelphia Flyers, Mobile, NHL, Stanley, Golden Knights, Philadelphia, Bruins, Blackhawks, Chicago, Coyotes, Los Angeles, Los, Kings, Canucks, Predators, Vancouver, Nashville, Red Wings, Seattle, Detroit, Wings, Avalanche, Islanders, New, Cal, Panthers, Sharks, Hurricanes, Tampa Bay, Senators, Buffalo, Ottawa, Sabres, Oilers, Edmonton, Maple Leafs, Capitals, Toronto, Washington, Ducks, Blue Jackets, Columbus, Nationwide, . Blue Jackets, Canadiens, New Jersey, Montreal, New Jersey's, Jets, Blues, Winnipeg, St, Rangers, Flames, Penguins, Thomson Locations: Las Vegas , Nevada, USA, Las Vegas, Vegas, Boston, Arizona, Los Angeles, Colorado, New York, Florida, San Jose, Sunrise, Fla, Mackenzie Blackwood, Carolina, Minnesota, Anaheim, New, Calgary, Dallas, Pittsburgh

☆ NHL roundup: Knights' season-opening surge makes history
▼ + stars: | 2023-10-22 | by ( ) www.reuters.com time to read: +10 min

Vegas stretched its season-opening winning streak to six games, the longest by a defending Stanley Cup champion in league history. Justin Schultz scored for Seattle, which has tallied more than one goal only once in six games this season to drop to 1-4-1. Maple Leafs 4, Lightning 3 (OT)John Tavares scored the game-winning goal in overtime as Toronto rallied past host Tampa Bay. Predators 5, Sharks 1Tommy Novak scored two goals and Juuse Saros made 31 saves to propel host Nashville past San Jose. Marchand scored goals in the second and third periods after recording an assist.

Persons: Nicolas Roy, Laurent Brossoit, James Carey Lauder, Marc Stone, Paul Cotter, Vegas, Cotter, Michael Amadio, Connor Bedard, Artturi Lehkonen, Logan O'Connor, Nathan MacKinnon, Ryan Johansen, Mikko Rantanen, Fredrik Olofsson, Alexandar Georgiev, Jesperi, Jaccob Slavin, Brent Burns, Michael Bunting, Stefan Noesen, Pyotr Kochetkov, Jonathan Quick, Artemi Panarin, Kaapo Kakko, Alexis Lafreniere, Filip Chytil, K'Andre Miller, Justin Schultz, Philipp Grubauer, Joe Veleno, Dylan Larkin, Shayne Gostisbehere, David Perron, Ville Husso, Jake Sanderson, Ridly Greig, Joonas Korpisalo, Karel Vejmelka, Jason Zucker, Clayton Keller, Frank Vatrano, Lukas Dostal, Jeff Skinner, Mattias Samuelsson, Dylan Cozens, Eric Comrie, Comrie, Semyon Varlamov, Cole Caufield, Caufield, Nick Suzuki, Darcy Kuemper, Sean Monahan, Brendan Gallagher, Dylan Strome, Kuemper, Andrei Kuzmenko, Elias Pettersson, Quinn Hughes, Carson Soucy, Brock Boeser, . Miller, Casey DeSmith, Sam Reinhart, Aleksander Barkov, Sergei Bobrovsky, John Tavares, Tavares, William Nylander, Nikita Kucherov, Alex Barre, Boulet, Adam Fantilli, Jack Roslovic, Minn, Justin Danforth, Kent Johnson, Boone Jenner, Elvis Merzlikins, Dakota Mermis, Marcus Johansson, Mats Zuccarello, Jonas Brodin, Joel Eriksson Ek, Pat Maroon, Filip Gustavsson, Joe Pavelski, Wyatt Johnston, Jamie Benn, Roope Hintz, Tyler Sequin, Scott Wedgewood, Travis Konecny, Sean Walker, Joel Farabee, Noah Cates, Samuel Ersson, Tommy Novak, Nashville's Kiefer Sherwood, Luke Evangelista, Samuel Fagemo, Tomas Hertl, Mackenzie Blackwood, Brandon Saad, Louis, Jake Neighbours, Colton Parayko, Kasperi Kapanen, Robert Thomas, Jordan Binnington, Evgeni Malkin, Radim Zohorna, Tristan Jarry, Saad, Mark Scheifele, Connor Hellebuyck, Josh Morrissey's, Stuart Skinner's, Darnell Nurse, Evan Bouchard, Connor McDavid, Leon Draisaitl, didn't, Brad Marchand, David Pastrnak, Marchand, Pastrnak, Morgan Geekie, Derek Forbort, Jeremy Swayman, Alex Laferriere, Carl Grundstrom, Cam Talbot, Anze Kopitar, Dustin Brown Organizations: Vegas Golden Knights, Winnipeg Jets, Canada Life, USA, Chicago Blackhawks, Stanley, Edmonton Oilers, Ottawa Senators, Golden Knights, Chicago, United, Blackhawks, Avalanche, Hurricanes, Colorado, Carolina, Rangers, Seattle, Red Wings, Senators, Ottawa, Detroit, Coyotes, Ducks, Arizona, Anaheim, Islanders, Buffalo, Sabres, New Jersey Devils, Canadiens, Capitals, Montreal, Washington, Canucks, Panthers, Florida, Maple Leafs, Toronto, Tampa Bay, Leafs, Brayden, Blue Jackets, NHL, Dakota, Flyers, Dallas, Philadelphia, Sharks, Nashville, Penguins, Pittsburgh, Blues, Jets, Oilers, Winnipeg, Edmonton, McDavid, Scheifele, Bruins, Thomson Locations: Winnipeg , Manitoba, Vegas, Denver, Colorado, New York, Detroit, Tempe, Ariz, Vancouver, Florida, Sunrise, Fla, Tampa, Columbus, Minnesota, Saint Paul, San Jose, Pittsburgh, Scheifele, Boston, Los Angeles

That adds to tech-related tensions between the West and China, which is one of Europe’s biggest trading partners and the world’s biggest auto market. Chinese EV makers are drawn to Europe because auto import tariffs are just 10% versus 27.5% in the U.S., independent auto analyst Matthias Schmidt said. MG — owned by SAIC Motor, China’s biggest automaker — is the largest Chinese EV player in Europe. One reason Chinese companies can offer high-quality cars at affordable prices stems from the rules to enter the Chinese market. Chinese EV makers, meanwhile, are trying to stand out in a crowded field.

Persons: Laima Springe, Janssen, “, ” Springe, I’m, ”, Matthias Schmidt, John Kirkwood, —, Kirkwood, Warren Buffett, Ursula von der Leyen, Alfa, China’s EVs, Carlos Tavares, we’re, Alexander Klose, ” Klose, Schmidt, Justin Nicholls, Nicholls Organizations: Volvo, Nissan, Skoda, Union, EV, Volkswagen Passat, Kia, MG, SAIC Motor, China’s, —, Lotus, Chinese Commerce Ministry, EU, World Trade Organization, Tesla’s, Peugeot, Citroen, Alfa Romeo, Fiat, Global, Wall Motors Locations: Copenhagen, Denmark, Europe, China, West, U.S, British, Western, France, Germany, Beijing, Shenyang, Shanghai, Israel

☆ Despite headwinds from the UAW strikes, Barclays sees 20% upside for this under-the-radar auto stock
▼ + stars: | 2023-10-16 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Stellantis ' strong growth outlook should successfully mitigate any headwinds from the ongoing United Auto Workers strike, according to Barclays. Barclays' price target of €22.5, or $23.74, implies more than 20% upside from Stellantis' $19.68 close Friday afternoon. Despite this, Stellantis' stock is still trading near its all-time highs after rallying close to 40% so far this year. STLA YTD mountain STLA ytd chart Analyst Henning Cosman acknowledged that many investors may be reluctant to jump into the stock at its current elevated levels. As another risk factor, Cosman believes the company will not be able to report a clean set of earnings until July 2024 or August 2024 given the current strike.

Persons: Stellantis, Henning Cosman, Cosman, Carlos Tavares, Michael Bloom Organizations: United Auto Workers, Barclays, UAW, EU, US Auto Locations: Amsterdam

☆ NHL roundup: Auston Matthews’ 2nd straight hat trick lifts Leafs
▼ + stars: | 2023-10-15 | by ( ) www.reuters.com time to read: +9 min

/ Dan Hamilton-USA TODAY Sports Acquire Licensing RightsOctober 15 - Auston Matthews scored three goals for the second straight game and the Toronto Maple Leafs defeated the visiting Minnesota Wild 7-4 on Saturday night. William Nylander added two goals and an assist for the Maple Leafs, who have won their first two games of the season. Senators 5, Flyers 2Jakob Chychrun had two goals and one assist, Brady Tkachuk scored twice and host Ottawa defeated Philadelphia. Jenner got his second career hat trick by scoring three times in a span bridging the first and second periods. 1 overall pick by Chicago in the 2023 NHL Draft, assisted on Johnson's second goal, giving him a goal and two assists in his first three NHL games.

Persons: Auston Matthews, Tyler Bertuzzi, Dan Hamilton, William Nylander, Calle Jarnkrok, Mitchell Marner, Morgan Rielly, John Tavares, Ryan Hartman, Matt Boldy, Marco Rossi, Brandon Duhaime, Ilya Samsonov, Filip Gustavsson, Jakob Chychrun, Brady Tkachuk, Jake Sanderson, Vladimir Tarasenko, Claude Giroux, Anton Forsberg, Travis Konecny, Cam York, Carter Hart ., Chandler Stephenson, Hill, Greg Cronin's, Jack Eichel, Shea Theodore, Jonas Rondbjerg, Mason McTavish, John Gibson, Cronin, Dallas Eakins, Gibson, Kyle Connor, Mark Scheifele, Mason Appleton, Jets netminder Connor Hellebuyck, Winnipeg's, Evan Rodrigues, Sam Reinhart, Sergei Bobrovsky, James van Riemsdyk's, Nashville . van Riemsdyk, Charlie McAvoy's, David Pastrnak, Brad Marchand, Boone Jenner, Jenner, Erik Gustafsson, Will Cuylle, Chris Kreider, Filip Chytil, Mika Zibanejad, Alex DeBrincat, Compher, Moritz Seider, DeBrincat, Dylan Larkin, Steven Stamkos, Victor Hedman, Sean Monahan, Cole Caufield, Tanner Pearson, Sam Montembeault, Tyler Johnson, Petr Mrazek, Connor Bedard, Bryan Rust, Jake Guentzel, Evgeni Malkin, Reilly Smith, Kris Letang, Matt Coronato, Jonathan Huberdeau, Jacob Markstrom, Nils Hoglander, Sam Lafferty, Casey DeSmith, Andrei Kuzmenko, Jack Studnicka, Elias Pettersson, backstop, Ryan Nugent, Hopkins, Leon Draisaitl, Connor McDavid, Stuart Skinner, Jordan Binnington, Louis, Jordan Kyrou, Robert Thomas, Binnington, Vince Dunn's, Adam Larsson, Jaden Schwartz, Joey Daccord, Casey Cizikas, Brock Nelson, Kyle Palmieri, Ilya Sorokin, Jordan Greenway, Casey Mittelstadt, Devon Levi, Jordan Martinook, Brent Burns, Aho, Jesperi Kotkaniemi, Brendan Lemieux, Teuvo Teravainen, Anze Kopitar, Drew Doughty, Moore, Vladislav Gavrikov, Kevin Fiala, Cale Makar, Mikko Rantanen, Alexandar Georgiev, Mackenzie Blackwood, Thomas Bordeleau Organizations: CAN, Toronto Maple Leafs, Minnesota Wild, Scotiabank Arena, Maple Leafs, Toronto, Minnesota, Senators, Flyers, Ottawa, Philadelphia, Carter Hart . Golden Knights, Ducks, Greg Cronin's NHL, Anaheim, Vegas, Golden Knights, Jets, Panthers, Winnipeg, Florida, Bruins, Boston, Nashville ., Blue Jackets, Rangers, Columbus, Boston Bruins, Wings, Detroit, Tampa, Red Wings, Lightning, Canadiens, Blackhawks, Montreal, Chicago, NHL, Penguins, Flames, Pittsburgh, Calgary, Canucks, Oilers, Seattle, Blues, Islanders, Sabres, New, Hurricanes, Carolina, Los Angeles Kings, Kings, Los, Avalanche, Sharks, Colorado, San Jose, San, Thomson Locations: Toronto , Ontario, Las Vegas, Florida, New York, York, Tampa Bay, Calgary, Vancouver, Elmont, squandering, Los Angeles, San, San Jose

☆ Jeff Bezos just added yet another property to his 'Billionaire Bunker' collection after snapping up a 7-bedroom mansion for $79 million: report
▼ + stars: | 2023-10-13 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

Amazon founder Jeff Bezos just bought a $79 million mansion in Indian Creek, Florida, per Bloomberg. Indian Creek is a village on a small private island in Miami's Biscayne Bay known as "Billionaire Bunker." AdvertisementAdvertisementAmazon founder Jeff Bezos has added another lavish mansion to his property portfolio. The waterfront property was listed for $85 million in May and last sold for $28 million in 2014. Indian Creek, where Bezos' new property purchase is located, is a village on a small private island in Miami's Biscayne Bay.

Persons: Jeff Bezos, —, Dina Goldentayer, Danilo Tavares, Douglas Elliman, Tavares, Bezos, Insider's Sarah Jackson, Jordan Hart, Insider's Hannah Towey, Carl Icahn, Jared Kushner, Ivanka Trump Organizations: Bloomberg, Service, Bezos, Zillow Locations: Indian Creek , Florida, Biscayne, Goldentayer, Beverly, Texas, Medina , Washington

☆ Leafs claw back from two goals twice, beat Habs in shootout
▼ + stars: | 2023-10-12 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

[1/44] Oct 11, 2023; Toronto, Ontario, CAN; Montreal Canadiens right wing Cole Caufield (22) skates during the warm up before game against the Toronto Maple Leafs at Scotiabank Arena. Noah Gregor and William Nylander also scored for the Maple Leafs. Alex Newhook scored twice for Montreal. The Canadiens took advantage of an odd-man break from their own end to take a 2-0 lead at 1:10 of the second period. Samsonov saved Montreal's last penalty-shot attempt by Dach to cement the win for the Maple Leafs.

Persons: Cole Caufield, Nick Turchiaro, Mitchell Marner, Auston Matthews, Noah Gregor, William Nylander, John Tavares, John Klingberg, Alex Newhook, Jake Evans, Jesse Ylonen, Kirby Dach, Ilya Samsonov, Jake Allen, Evans, TJ Brodie, Evans pounced, Juraj Slafkovsky, Gregor, Matthews, Newhook, Caufield's, Tyler Bertuzzi, Arber, Ylonen, Samsonov, Montreal's Organizations: CAN, Montreal Canadiens, Toronto Maple Leafs, Scotiabank Arena, Toronto, Maple Leafs, Montreal, Canadiens, Leafs, Thomson Locations: Toronto , Ontario, Montreal, Toronto

☆ How Stellantis and Its Not-So-Detroit CEO Are Taking On the UAW
▼ + stars: | 2023-10-01 | by ( Ryan Felton | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/autos/stellantis-negotiations-carlos-tavares-uaw-strike-a0f42954

Persons: Dow Jones, carlos Organizations: uaw

☆ Striking auto workers are highlighting their CEOs' multi-million dollar pay. Here's how much the top bosses at Ford, GM and Stellantis make
▼ + stars: | 2023-09-22 | by ( Graham Rapier | Nora Naughton | Associated Press | ) www.businessinsider.com time to read: +10 min

"The reason we ask for 40% pay increases is because in the last four years alone, the CEO pay went up 40%. U.S. companies, in contrast, use grant date value of stock packages awarded to executives during the reporting year. AdvertisementAdvertisementThat's because in some years, talking about a CEO's "realized pay" can obscure exorbitant pay packages approved by company boards. AdvertisementAdvertisementThe CEOs of GM and Ford also saw their compensation packages peak in 2021, before declining slightly in 2022. However you slice the numbers, the gap between CEO pay and rank-and-file workers at all three companies is gigantic.

Persons: Mary Barra's, Shawn Fain, Fain, Mary Barra, James Farley, Jim Hackett, Stellantis, Carlos Tavares, Mike Manley's, Equilar, Tavares, That's, Manley, —, Harry Katz, Tesla, Elon Organizations: UAW, Service, United Auto Workers, Ford, GM, Netflix, Writers Guild of America, WGA, Comcast, Big Three, —, Motors, Chrysler, CBS, Big, General, AP, Equilar, Fiat Chrysler Automobiles, French PSA Group, Fiat Chrysler, Institute, Detroit, Cornell University, U.S Locations: Wall, Silicon, Stellantis, American, European

Search resuls for: "Tavares"

25 mentions found