Rory Carroll, publisher of Auto Week, and Todd Lassa, Detroit Bureau Chief for Automobile Magazine, discuss Mercedes's decision to pull out of the 2019 Detroit Auto Show.
Lassa explains the future of the car show has been in doubt for a couple of years now, with more and more automakers moving toward tech events like CES.
Carroll says to not read too much into this, as Mercedes isn't the first brand to drop out of the Detriot Auto Show. Many car companies are not attending because it can be very expensive.
The Biden administration announced the first of many coming federal investments in computer chip production, saying Monday that it would provide $35 million for BAE Systems to increase production at a New Hampshire factory making chips for military aircraft, including F-15 and F-35 jets.
Big Business This Week is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.