Today: July 06, 2024
Today: July 06, 2024

Latest From David Shepardson

Business

GM to hold Nov. 29 business update after UAW contract deal

General Motors said on Tuesday it will give a Nov. 29 business update following the ratification of new labor agreements in the United States and Canada.

GM to hold Nov. 29 business update after UAW contract deal
Business

Stellantis workers vote to ratify new labor contract

By David Shepardson United Auto Workers (UAW) members at Chrysler-parent Stellantis NV have voted to ratify tentative record-setting labor deal, the union's vote tracker showed on Friday.

Stellantis workers vote to ratify new labor contract
Business

GM's labor deal with UAW union on verge of ratification

General Motors' tentative labor deal with the United Auto Workers (UAW) union closed in on ratification as the votes were counted on Wednesday.

GM's labor deal with UAW union on verge of ratification
Business

US Postal Service reports $6.5 billion net loss for 2023 fiscal year

The U.S.

US Postal Service reports $6.5 billion net loss for 2023 fiscal year
Business

Senator asks Treasury to bar Chinese battery firms, minerals from US EV tax credits

Democratic Senator Joe Manchin urged the U.S.

Senator asks Treasury to bar Chinese battery firms, minerals from US EV tax credits
Business

US Senate votes to reject 'Buy America' EV charging waiver

The U.S.

US Senate votes to reject 'Buy America' EV charging waiver
Business

GM's Cruise recalling 950 driverless cars after pedestrian dragged in crash

Cruise is recalling 950 driverless cars from the roads across the United States following a crash involving one of its robotaxis and will likely issue more

GM's Cruise recalling 950 driverless cars after pedestrian dragged in crash
Business

US auto safety agency investigating two new GM Cruise crash reports

U.S. auto safety officials said on Thursday they are investigating two additional reports of General Motors Cruise self-driving cars engaging in

US auto safety agency investigating two new GM Cruise crash reports
Business

Workers at ZF plant in Alabama ratify labor deal, end strike

Union workers that went on strike at Mercedes-supplier ZF's plant in Alabama last month demanding higher pay and better healthcare benefits have ended a nearly

Workers at ZF plant in Alabama ratify labor deal, end strike
Business

US agency fines Zipcar for uncompleted recall rentals

U.S. auto safety regulators said on Monday car-sharing firm Zipcar has agreed to pay a $150,000 fine after a government investigation found it allowed

US agency fines Zipcar for uncompleted recall rentals
Business

Ford to temporarily cut one shift at Michigan EV plant

Ford Motor said on Friday it will temporarily cut one of three shifts at the Michigan plant that builds its electric F-150 lightning pickup truck, citing multiple

Ford to temporarily cut one shift at Michigan EV plant
Business

Stellantis, Ford furlough another 1,250 workers because of UAW strike

Chrysler-parent Stellantis and Ford Motor said on Friday they will temporarily lay off 1,250 employees due to the impact of the United Auto Workers strike.

Stellantis, Ford furlough another 1,250 workers because of UAW strike
Business

Boeing 737 MAX monthly deliveries fall to lowest level since 2021

Boeing deliveries of its best-selling 737 MAX fell to the lowest level since August 2021, as it continues to struggle with work needed to correct a

Boeing 737 MAX monthly deliveries fall to lowest level since 2021
Business

US automakers increase strike layoffs by more than 800

Chrysler-parent Stellantis said on Monday it is laying off another 570 workers and General Motors announced cuts of nearly 200 employee due to the United Auto Workers

US automakers increase strike layoffs by more than 800
Business

UAW workers strike Mack Trucks after rejecting contract

Union workers at Volvo Group-owned Mack Trucks went on strike on Monday after overwhelmingly rejecting a proposed five-year contract, the United Auto Workers said, the

UAW workers strike Mack Trucks after rejecting contract
Business

U.S. Treasury details EV tax credit rebate rules

The U.S.

U.S. Treasury details EV tax credit rebate rules
Business

US Senator wants United, American CEOs to answer questions on fees, complaints

The Senate's No.

US Senator wants United, American CEOs to answer questions on fees, complaints
Business

US Commerce head hopes to make first chips funding awards this fall

U.S.

US Commerce head hopes to make first chips funding awards this fall
Business

Automakers say they face $14 billion in fines from Biden's 'unfeasible' fuel rules

The Biden administration proposal to hike fuel economy standards through 2032 is not feasible and could cost automakers a total of more than $14 billion in

Automakers say they face $14 billion in fines from Biden's 'unfeasible' fuel rules
Business

Ford CEO says UAW holding labor deal 'hostage' over fate of battery plants

Ford Motor Chief Executive Jim Farley on Friday accused the United Auto Workers union of holding up a new U.S. labor agreement in a bid to force the

Ford CEO says UAW holding labor deal 'hostage' over fate of battery plants
Business|Economy

Southwest CEO will not resign, will consider input from activist investor Elliott

Southwest Airlines CEO Bob Jordan said on Wednesday he will not resign as the air carrier faces pressure from activist investor Elliott Investment Management

Southwest CEO will not resign, will consider input from activist investor Elliott
Business|Economy|Environment|World

US, Indo-Pacific partners holding talks in Singapore on clean energy

The U.S.-led Indo-Pacific Economic Framework is holding a ministerial meeting this week in Singapore, including major firms joining a "Clean Economy"

US, Indo-Pacific partners holding talks in Singapore on clean energy
Business|Economy

Boeing firefighters approve new contract deal

Boeing firefighters voted on Thursday to approve a new four-year contract deal that will boost wages for workers and end a weeks-long lockout by the planemaker.

Boeing firefighters approve new contract deal
Business|Economy

US, Kenya look to strengthen business, trade ties

The U.S. and Kenya will hold a new round of trade talks next month, they said on Friday, as the two countries tout new business deals and look to boost

US, Kenya look to strengthen business, trade ties
Business|Economy

US plans $75 million grant to Absolics for advanced chip packaging

The US Commerce Department said on Thursday it plans to grant $75 million to Absolics for constructing a 120,000-square-foot facility in Georgia that will

US plans $75 million grant to Absolics for advanced chip packaging

Follow