MILAN (AP) — The Stellantis automotive company created out of the merger of Fiat Chrysler Automobiles and PSA Peugeot reported Wednesday a 14% increase in first-quarter revenues, despite a drop in production due to the semiconductor shortage. … [Continue reading] about Stellantis CFO: Chip shortage impact remains ‘controlled’
G-7 calls out China over rights at virus-shadowed meeting
LONDON (AP) — Foreign ministers from the Group of Seven wealthy industrialized nations on Wednesday accused China of human rights abuses and economic mischief, but offered little concrete action to deal with an increasingly forceful Beijing. The top … [Continue reading] about G-7 calls out China over rights at virus-shadowed meeting
Myanmar’s military disappearing young men to crush uprising
JAKARTA, Indonesia (AP) — Myanmar’s security forces moved in and the street lamps went black. In house after house, people shut off their lights. Darkness swallowed the block. Huddled inside her home in this neighborhood of Yangon, … [Continue reading] about Myanmar’s military disappearing young men to crush uprising
Broadway readies imminent ticket sales for a fall reopening
NEW YORK (AP) — Many Broadway productions are scrambling to resume ticket sales in the coming days to welcome theater-goers this fall after city and state leaders have green-lit a reopening of the Great White Way at full capacity by … [Continue reading] about Broadway readies imminent ticket sales for a fall reopening
GM expects big 2021 profit, says it’s managing chip shortage
Detroit (AP) — General Motors’ first-quarter net income surged to $2.98 billion as strong U.S. consumer demand and higher prices offset production cuts brought on by a global shortage of computer chips. Despite the shortage, GM stuck with full-year … [Continue reading] about GM expects big 2021 profit, says it’s managing chip shortage