Nearly half the U.S. counties carried by Donald Trumpin the 2016 election were arguably in recession at the time, with local economic output shrinking during a campaign that focused on the declining fortunes of blue-collar America. New data show how a national slump in economic growth in 2016 fell most heavily on “Trump country.”
A Christmas tree made from charred branchesand other bushfire debris has been put up in Sydney’s central business district in a poignant reminder of deadly wildfires that have ravaged much of Australia. The tree is made and decorated with burnt logs, a scorched bicycle, a ruined fire alarm and other destroyed household goods, surrounded by gifts wrapped in glittery red, silver and gold paper.
Fiat Chrysler and Peugeot maker PSA have reached a binding agreement over their roughly $50 billion merger that will reshape the global car industry. With brands including Jeep, Dodge, Ram, Chrysler, Alfa Romeo, Maserati and Opel, the companies sold a combined 8.7 million vehicles last year.
Boeing’s decision to suspend aerospace’s biggest production line exposes contrasts in the U.S.-dominated 737 MAX supply chain, severely straining some niche machine shops while giving engine giants time to iron out their own wrinkles.
The Trump administration is finalizing a set of narrow rules to limit exports of sophisticated technology to adversaries like China, a document seen by Reuters shows, in a boon to U.S. industry that feared a much tougher crackdown on sales abroad.
