Fiat Chrysler may open Detroit plant, Walgreens makes move against rivals, and more top news

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Fiat Chrysler is set to open a new plant in Detroit to assemble an SUV, according to several media reports. The plant will be the first opened in the U.S. by a major domestic carmaker in at least a decade. The move comes shortly after General Motors announced it is shuttering five plants in North America — including two in Motor City. Fiat Chrysler’s plans are in line with trends showing strong demand for SUVs and cross-over vehicles, says CNBC. ? Here’s what people are saying.

Walgreens is launching nationwide next-day prescription delivery through a partnership with FedEx, pitting it against rival CVS — and online giant Amazon, which is also getting into the drug delivery business. Earlier this year, CVS announced a partnership with the postal service to deliver prescriptions to homes. Around the same time, Amazon announced it was buying PillPack for $1 billion, giving it the ability to ship prescription drugs to consumers around the country. ? Here’s what people are saying.

Sears’ chairman Eddie Lampert is offering to buy the entire chain out of bankruptcy and to preserve some 50,000 jobs. The $4.6 billion preliminary bid by his ESL Investments represents a last-ditch effort to rescue the iconic retailer from liquidation. But ESL first needs to be cleared of an unsecured creditors investigation that it improperly siphoned funds from the company in the first place. ? Here’s what people are saying.

Ride-hailing firm Lyft is going public in a valuation expected to exceed the $15.1 billion at which it was previously estimated. The app-based company says it’s filed a draft registration statement with the Securities and Exchange Commission. Lyft chose underwriters earlier this year, according to The Wall Street Journal, and is believed to be going public in the first half of next year. Rival Uber is also thought to be gearing up toward an IPO sometime in 2019, and is currently valued at close to $120 billion. ? Here’s what people are saying.

Hiring in the U.S. showed continuing signs of leveling off during the second half of 2018, according to LinkedIn’s December Workforce Report. The industries with the biggest year-over-year hiring increases in November were Wellness and Fitness (8.6% higher), Software and IT Services (7.8% higher), and Corporate Services (7.3% higher). Demand for workers with business management, oral communication, and leadership and development tools has increased since November 2017. The skills gap is widening on the coasts as workers have flocked to Austin, Denver and Nashville. ? Here’s what people are saying.

Idea of the Day: Wishing you hadn’t worked so hard is a regret many of us share, says Robert Glazer, founder and CEO of Acceleration Partners.

“It's easy to get caught up in the idea that working hard now will make it possible to focus on being happy later... the fact is, we can do what we really want to do now. We just need to approach things from a different perspective.”

What's your take on today’s stories? Share your thoughts in the comments. 

— Jessica Hartogs