Net soars at ADESA's parent on tax gains

Net income at KAR Auction Services, ADESA's parent, soared in the fourth quarter because of a special gain related to the changes in federal corporate taxes.

NBA All-Star Weekend boosts Autotrader's new site

Autotrader took advantage of its long-standing NBA sponsorship to promote its redesigned website and set a record in online traffic during All-Star Weekend.

UPDATED: 2/20/18 12:16 pm ET - adds details
Marchionne collects $36 million stock award, $12 million in base pay, bonus

FCA CEO Sergio Marchionne collected shares valued at about 29 million euros ($35.7 million) for the three-year period ended in 2016, according to the Italian-American automaker's 2017 annual report.

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