Monday, 11 June 2018 15:02

Future of Chrysler uncertain, cardboard recycling down

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STATEWIDE - The future of Chrysler is up in the air and cardboard recycling is down in Monday's business news.

It may not be too long before Chrysler drives off into the sunset.

 

With Fiat Chrysler looking for a new leader as longtime head Sergio Marchionne leaves after this year, there are questions about the future of the Chrysler brand.

 

One blogger who follows Chrysler -- David Zatz -- said the case against Chrysler's being here in 2030 is pretty convincing.  Right now, Chrysler only has two models -- the 300 sedan and the Pacifica minivan.

 

The death of American malls is taking a toll on jobs in several parts of the country.

 

USA Today, in taking a look at a place like Ottumwa, Iowa, said a local mall there is about to lose its last anchor store. The city has also lost a Target and Kmart, slashing retail jobs by nearly 7 percent.

 

 

Online shopping is blamed for much of brick and mortar's problems. It also is filling up our recycling bins with cardboard.

 

However, a new study found that cardboard recycling has actually dropped over the last five years.

 

The American Forest and Paper Association said the amount of cardboard recycled fell last year 300,000 tons.

 

Blake Lipton

Morning Anchor/Reporter
[email protected]

Blake Lipton joined the ABC 7 and Fox 22 news team in January of 2016 and is excited to start his career in television as a morning anchor at our station!

He is a recent graduate of the University o...