The daily business briefing: January 13, 2017

The EPA accuses Fiat Chrysler of emissions test cheating, Amazon aims to add 100,000 jobs, and more

An Amazon logistics center
(Image credit: JOHN MACDOUGALL/AFP/Getty Images)

1. EPA accuses Fiat Chrysler of diesel emission test cheating

The Environmental Protection Agency on Thursday accused Fiat Chrysler of installing software on some of its diesel trucks to cheat on emissions tests. The software allegedly reduced emissions of nitrogen oxide during tests, hiding actual pollution levels exceeding amounts allowed under the Clean Air Act. The allegations involve some 2014 to 2016 Dodge Ram 1500 pickups and Jeep Grand Cherokees. Fiat Chrysler officials denied the allegations. The company's stock plummeted by as much as 18 percent Thursday morning. Fiat Chrysler CEO Sergio Marchionne called the accusations "unadulterated hogwash."

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.