by Siyuan Du | Jul 1, 2015 | Business & Tech
Washington – The National Highway Traffic Safety Administration will meet Thursday to address its concern that Fiat Chrysler Automobiles NV has not met recall requirements for about 10 million vehicles. The automaker could be charged with a civil penalty that...
by Siyuan Du | Jun 30, 2015 | Business & Tech
WASHINGTON– The huge U.S. food distributor, Sysco Corp., has abandoned its proposed merger with U.S. Foods Inc., a move that will cost Sysco $300 million in break-up fees. Calling off the merger also terminated Sysco’s agreement with Performance Food Group to jointly...
by Siyuan Du | Jun 25, 2015 | Business & Tech
WASHINGTON – The Commerce opened an investigation Wednesday on a complaint by American steel producers, asking the government to impose duties on low-cost corrosion-resistant steel products imported from five countries. Six petitioners, including United States Steel...