Fiat Chrysler, Peugeot agree to $50B merger

iStock/jetcityimage(DETROIT) -- After months of speculation, Fiat Chrysler and Peugeot maker PSA announced Wednesday that they have agreed to merge, a deal that could create the world's fourth largest automaker.Both companies pledged to keep their plants operational after the... Read More.

Boeing to suspend production of its 737 MAX jets

iStock/Domonic Evaninia(SEATTLE) -- Boeing will suspend production of its 737 MAX jets starting in January, the company announced Monday. The company said no layoffs or furloughs are expected at this time as a result of the decision. The decision comes after... Read More.