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US auto industry stunned by tariffs meant to save it
US auto industry stunned by tariffs meant to save it

The 25 percent tariffs on automobiles announced by President Donald Trump are meant to revitalize American industry, but Detroit's giants were stunned Thursday by their scale and faced a beating on Wall Street. Parts not originally manufactured in the United States will face 25 percent tariffs just like finished foreign vehicles.

Games publisher Ubisoft announces restructuring, billion-euro investment
Games publisher Ubisoft announces restructuring, billion-euro investment

In a bid to escape financial woes, French games giant Ubisoft said Thursday it was creating a new subsidiary around its most popular franchises such as "Assassin's Creed" in partnership with China's Tencent. Alongside "Assassin's Creed", the subsidiary will bring together "Far Cry" and "Tom Clancy's Rainbow Six" -- among the most popular long-running names in Ubisoft's roster of game universes.