John Elkann: Italian dynasty heir at the helm of Stellantis [Video]
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John Elkann: Italian dynasty heir at the helm of Stellantis [Video]

John Elkann, who is taking the wheel at Jeep and Fiat owner Stellantis after the ouster of its CEO, is the discreet but steely heir to an Italian dynasty associated with Juventus, Ferrari and The Economist.

The 48-year-old billionaire manages the Agnelli family estate as chief executive of Exor, a holding company with stakes in the Serie A football club, the luxury car company and the business weekly.

The day after embattled Carlos Tavares was ousted with immediate effect from Stellantis on Sunday, Elkann was on a plane to the United States, his home country and once the group’s cash cow.

Dealerships there, as in Europe, are now struggling, leaving Stellantis — like car manufacturers across the board — in dire straits.

Exor is the main shareholder of Stellantis, a 15-brand behemoth born from the 2021 merger of Fiat Chrysler Automobiles (FCA) and Peugeot-Citroen (PSA), with a fleet that includes …

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Bank of Albuquerque outage restored [Video]
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Bank of Albuquerque outage restored [Video]

Bank of Albuquerque customers can once again use online services. The bank says it experienced a significant outage involving a service provider. It started sometime Wednesday, Jan. 15.The service provider also impacted 26 other banks, according to a spokesperson with BOK Financial. Follow us on social: Facebook | X/Twitter | Instagram | YouTubeLate Thursday night Bank of Albuquerque posted this statement on its website:"Our digital banking platforms are back online after an outage at our service provider. Deposits, payments, and transactions may be delayed or incorrectly reflected but will continue to update as today's transactions are processed. Thank you for your patience as we work through remaining issues. For assistance, please contact ExpressBank."BOK Financial also offered this message to clients regarding to outage:"We understand how frustrated you are and apologize for the significant delay as we wait for the system to come back online. This is a system issue outside of our control but please be assured our team is working diligently with our vendor to get it back online. We know it is stressful to not have access to your account or debit card and sincerely regret the inconvenience it has caused. We will post an update as soon as we have one."Stay updated on the latest news with the KOAT app. You can download it here.