Members of the United Auto Workers union picket outside the Michigan Assembly Plant in Wayne, Michigan, on Sept. 26, 2023. Matthew Hatcher | AFP | Getty Images DETROIT – Ford Motor is “at the limit” of what it can offer the United Auto Workers union in terms of economic concessions, an executive said Thursday as …
A Tesla Model X with its doors open is showcased in a showroom. Gary Black, a fund manager from Chicago, has been a strong supporter of electric-vehicle giant Tesla for some time now. However, he believes that Tesla is wasting money on price cuts in order to maintain high growth rates. Black argues that Elon …
United Auto Workers members went on strike at the General Motors Lansing Delta Assembly Plant in Lansing, Michigan on September 29, 2023. This move signals a shift in strategy by the union and has led some analysts to believe that the parties are actually getting closer to reaching a deal. The surprise work stoppage at …
Healthcare workers strike in front of Kaiser Permanente Los Angeles Medical Center, as more than 75,000 Kaiser Permanente healthcare workers go on strike from October 4 to 7 across the United States, in Los Angeles, California, October 4, 2023. Aude Guerrucci | Reuters More than 85,000 health workers have reached a tentative labor agreement with …
Get ready for your trading day with these important news updates: 1. Focus on Inflation Indicator U.S. stock futures are slightly higher on Thursday morning as investors closely watch inflation data. The consumer price index for September is expected to show a 0.3% month over month increase and a 3.6% year over year jump. This …
Striking United Auto Workers members from the General Motors Lansing Delta Plant picket in Delta Township, Michigan, on Sept. 29, 2023. Rebecca Cook | Reuters DETROIT — This weekend, United Auto Workers (UAW) members employed by Mack Trucks, a company owned by Volvo Group, will vote on a tentative agreement. However, the deal falls short …
UAW President Shawn Fain provided an update on negotiations with the Detroit automakers during an online broadcast on October 6, 2023. Screenshot DETROIT – Amid positive developments in the negotiations, including General Motors agreeing to include battery cell workers in its national agreement, the United Auto Workers (UAW) has decided not to expand strikes against …
People hold placards, as a coalition of Kaiser Permanente Unions representing 75,000 healthcare workers at Kaiser Permanente start a three day strike across the United States over a new contract, in San Diego, California, U.S. October 4, 2023. Mike Blake | Reuters More than 75,000 workers at the nation’s largest health-care nonprofit organization, Kaiser Permanente, …
United Auto Workers (UAW) members and supporters on a picket line outside the General Motors Co. Flint Processing Center in Swartz Creek, Michigan, US, on Monday, Sept. 25, 2023. Emily Elconin | Bloomberg | Getty Images DETROIT – The ongoing strike by the United Auto Workers union against the Detroit automakers had minimal impact on …
In its short 14-year history, GlobalFoundries has emerged as the world’s third-largest chip foundry. While not a widely recognized name, the company plays a crucial role in powering almost every connected device. “Look at every electronic device in your house, and I would bet you money that every one of those devices has at least …