Category: Business
Business Category
Throughout the year of 2019, many corporate executives have been vocal advocates for a trade deal. Rich Lesser, CEO of Boston Consulting Group, joins the “Squawk Box” team to discuss CEO challenges and confidence on the trade front.
FedEx rolled out weaker than expected quarterly earnings results, leading to the stock to take a hit in the pre-market Wednesday. Ken Hoexter of Bank of America Merrill Lynch joins “Squawk Box” to discuss the earnings miss as well as expectations for 2020.
Dec.18 — PSA Group and Fiat Chrysler Automobiles NV agreed to combine in a deal that will create the world’s fourth-biggest auto manufacturer. The combined company, which would have a stock-market value of about $47 billion, will be led by PSA Chief Executive Officer Carlos Tavares, with Fiat Chairman John Elkann holding the same role at the enlarged firm. Tommaso Ebhardt reports on “Bloomberg Markets: European Open.”
Dec.18 — Tesla Inc. is considering cutting the price of its China-built Model 3 sedans by 20% or more next year, people familiar with the plans said. Emma O’Brien reports on “Bloomberg Daybreak: Middle East.”