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August 23, 2017

First Line News Articles for Wednesday, August 23 2017

Business

Chinese Motor Group May Not Be Buying Jeep After All?

Just one day after reports surfaced that China’s leading SUV maker, Great Wall Motor Co., was considering the acquisition of Fiat Chrysler Automobiles’ Jeep brand, it is signaling it may not be ready to make a bid, after all.

Macy’s names new president, cuts about 100 jobs

Beleaguered mall stalwart Macy’s is eliminating about 100 jobs as it consolidates its merchandising, planning and private brands operations into one department.

Ford eyes deal with Chinese electric carmaker

Ford has said it is in discussions with a Chinese company to create a new line of electric vehicles for the world’s biggest market.