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DETROIT (AP) — Fiat Chrysler could be required to lay out billions of dollars to get potentially defective Ram pickups and older Jeeps off the road under a deal with safety regulators to settle claims that the automaker mishandled nearly two dozen recalls.
NEW YORK (AP) — A year after comparing New York's LaGuardia Airport to "some Third World Country," Vice President Joe Biden helped unveil an ambitious plan Monday to rebuild its collection of aging terminals into a modern, unified hub while easing congestion by doubling the space available for planes to operate.
Chinese stocks plunged on Tuesday morning, defying a renewed government vow of support, a day after the Shanghai market lost more than eight percent in its sharpest fall for eight years. The losses came despite an unprecedented effort by the government of the world's second largest economy to shore up prices following a weeks-long rout. The Shenzhen Composite Index, which tracks stocks on China's second exchange, slumped 4.38 percent, or 94.63 points, to 2,065.46.