Business
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Max Knoblauch

After a nearly 6-month search, Stellantis names former Jeep boss as its new CEO

Stellantis, the fourth-largest global automaker, announced a fresh CEO on Wednesday: company insider Antonio Filosa. Shares were mostly flat on the news.

The move comes nearly six months after the Stellantis board essentially ousted former chief Carlos Tavares amid abysmal US performance. The Jeep and Chrysler maker’s profit plummeted 70% last year and its US sales fell 15%.

Last year wasn’t an outlier, though; Stellantis’ US sales have fallen every year since 2018. At this year’s Detroit Auto Show, Filosa told reporters that US market share was the company’s top priority.

Filosa, who became the head of Jeep in 2023, will officially take the helm June 23, right around when most of the industry plans to end their tariff discounts and start hiking vehicle prices in earnest.

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Nathan's Famous restaurant on Coney Island

Iconic hot dog brand Nathan’s Famous just sold for $450 million

Packaged meat company Smithfield Foods has agreed to acquire the historic Coney Island staple — best known for its annual hot dog eating contest — in an all-cash deal.

Millie Giles3h
Tom Jones
so fried
4h
KFC ranked worst out of 76 restaurant chains per new market share analysis

The chicken wars are taking their toll, new Barclays analysis suggests, as competitors close in on the chain that once ruled the roost.

KFC sign. Fried chicken brand, bucket shape signage, blue sky with clouds. South Africa.
Nate Becker
1/22/26
Paramount is doing everything except the one thing that could give its Warner Bros. bid a chance of success

Warner Bros. says “more than 93%” of its shareholders have rejected Paramount. That’s probably not going to change substantially unless Paramount boosts its offer.

Tom Cruise In 'Jerry Maguire'
Television Set

Streamers continued retreating from original shows in 2025

The death of “peak TV” has not been exaggerated, per a new report from Luminate.

Max Knoblauch1/21/26
Retail display of Takis snack food in various spicy flavors in Target store, Queens, New York

America’s love for spicy food and mouth-tingling sauces has surged, but are we approaching “peak heat”?

Takis doesn’t think so, as it searches for a “Chief Intensity Officer.”

Claire Yubin Oh1/21/26

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