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.
Bristol Myers Squibb agreed to buy schizophrenia drug maker Karuna Therapeutics in a $14 billion deal.
Supermarket chain Ralphs is facing a new lawsuit from the state of California.
Shake Shack is giving out free fried chicken sandwiches, bacon cheese fries and milkshakes nationwide.
The IRS is announcing a voluntary disclosure program.
Lionsgate announced its studio division is going to spin off in a merger with Screaming Eagle Acquisition Corp., which is a special purpose acquisition company.
A new report suggests that it's getting more difficult for an average American to afford a home.
The Food and Drug Administration warned consumers about a copycat version of the diabetes drug Ozempic.
Tesla is reportedly moving forward with its plan to make energy shortage storage batteries in China.
Wells Fargo employees at a branch in New Mexico have voted to unionize.
Nike cut its full-year revenue outlook for the fiscal year after reporting lower-than-expected revenue in its latest quarter.
