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 is docking more than $2 million in payments to student loan servicers that failed to send billing statements on time after the end of a pandemic payment freeze.
The nation’s employers added a robust 216,000 jobs last month, the latest sign that the American job market remains resilient even in the face of sharply higher interest rates.
A U.S. labor agency has accused SpaceX of unlawfully firing employees who penned an open letter critical of CEO Elon Musk and creating an impression that worker activities were under surveillance by the rocket ship company.