The boss of Stellantis, Carlos Tavares, abruptly stepped down following a profit warning and plans to close a Vauxhall factory, putting 1,100 jobs at risk. Tavares, known for his cost-cutting approach, faced criticism for delaying products and impacting quality. Stellantis is now searching for a new CEO amid a 40% drop in share price, with an interim executive committee led by chairperson John Elkann in place until a successor is appointed next year.
Full Article
Stanley Cup Final ratings drop from last year’s contest
U.S. television ratings for the Stanley Cup Final rematch between the Florida Panthers and Edmonton Oilers fell to an average of 2.5 million viewers on TNT, down from 4.17 million last year on ABC. In contrast, Canadian viewership averaged 3.8 million, reflecting a 6% increase in playoff viewership compared to the previous year. Need More Context? 🔎
Read more